China Ever Grand Financial Leasing Group Co (HKSE:00379) Days Sales Outstanding : 80.84 (As of Dec. 2023)

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What is China Ever Grand Financial Leasing Group Co Days Sales Outstanding?

China Ever Grand Financial Leasing Group Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$12.25 Mil. China Ever Grand Financial Leasing Group Co's Revenue for the six months ended in Dec. 2023 was HK$27.66 Mil. Hence, China Ever Grand Financial Leasing Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 80.84.

The historical rank and industry rank for China Ever Grand Financial Leasing Group Co's Days Sales Outstanding or its related term are showing as below:

HKSE:00379' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.52 Med: 72.14 Max: 181.71
Current: 89.76

During the past 13 years, China Ever Grand Financial Leasing Group Co's highest Days Sales Outstanding was 181.71. The lowest was 24.52. And the median was 72.14.

HKSE:00379's Days Sales Outstanding is ranked worse than
63.02% of 265 companies
in the Credit Services industry
Industry Median: 43.69 vs HKSE:00379: 89.76

China Ever Grand Financial Leasing Group Co's Days Sales Outstanding declined from Dec. 2022 (104.12) to Dec. 2023 (80.84).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

China Ever Grand Financial Leasing Group Co Days Sales Outstanding Historical Data

The historical data trend for China Ever Grand Financial Leasing Group Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Ever Grand Financial Leasing Group Co Days Sales Outstanding Chart

China Ever Grand Financial Leasing Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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133.09

59.53

24.52

71.26

101.70

China Ever Grand Financial Leasing Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															103.84	42.90	104.12	87.04	80.84

Competitive Comparison of China Ever Grand Financial Leasing Group Co's Days Sales Outstanding

For the Credit Services subindustry, China Ever Grand Financial Leasing Group Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Ever Grand Financial Leasing Group Co's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Ever Grand Financial Leasing Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Ever Grand Financial Leasing Group Co's Days Sales Outstanding falls into.

China Ever Grand Financial Leasing Group Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

China Ever Grand Financial Leasing Group Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (14.379	+	14.989)	/	2 )	/	52.702	*	365
=	14.684					/	52.702	*	365
=	101.70

China Ever Grand Financial Leasing Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (9.511	+	14.989)	/	2 )	/	27.656	*	365 / 2
=	12.25					/	27.656	*	365 / 2
=	80.84

China Ever Grand Financial Leasing Group Co (HKSE:00379) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

China Ever Grand Financial Leasing Group Co Days Sales Outstanding Related Terms

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China Ever Grand Financial Leasing Group Co (HKSE:00379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Ever Grand Financial Leasing Group Co Ltd (HKSE:00379) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Tonnochy Road, 22nd Floor, Room 2203, Kwan Chart Tower, Wanchai, Hong Kong, HKG

Website

https://www.egichk.com

China Ever Grand Financial Leasing Group Co Ltd is an investment holding company. The operating segments of the organization are; Financial Leasing Segment includes the provision of finance lease consulting services and financing services, The investment segment includes investment properties in the PRC and Hong Kong, investments in securities, and money lending business in Hong Kong, The trading segment includes the sale of medical, health, and hygiene products, and daily necessities, and Other segment includes the research and development, manufacturing, and sale of food additives, new food ingredients and nutritional enhancers. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Heron Biomedical Limited	2101 Beneficial owner
Expert Magic Limited	2101 Beneficial owner
Ng Tin Shui	2201 Interest of corporation controlled by you
Lam Tsun On	2201 Interest of corporation controlled by you
Chi Chin	2201 Interest of corporation controlled by you
Funde Sino Life Insurance Co.,ltd.	2101 Beneficial owner
Oshidori International Holdings Limited	2106 Person having a security interest in shares
Win Wind Capital Limited	2106 Person having a security interest in shares
Win Wind Resources Limited	2106 Person having a security interest in shares

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