DeTai New Energy Group (HKSE:00559) Days Sales Outstanding : 40.42 (As of Dec. 2023)

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What is DeTai New Energy Group Days Sales Outstanding?

DeTai New Energy Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$3.07 Mil. DeTai New Energy Group's Revenue for the six months ended in Dec. 2023 was HK$13.85 Mil. Hence, DeTai New Energy Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 40.42.

The historical rank and industry rank for DeTai New Energy Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00559' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.52 Med: 41.68 Max: 4294.74
Current: 45.36

During the past 13 years, DeTai New Energy Group's highest Days Sales Outstanding was 4294.74. The lowest was 5.52. And the median was 41.68.

HKSE:00559's Days Sales Outstanding is ranked worse than
64.01% of 803 companies
in the Travel & Leisure industry
Industry Median: 29.33 vs HKSE:00559: 45.36

DeTai New Energy Group's Days Sales Outstanding declined from Dec. 2022 (76.31) to Dec. 2023 (40.42).

DeTai New Energy Group Days Sales Outstanding Historical Data

The historical data trend for DeTai New Energy Group'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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DeTai New Energy Group Days Sales Outstanding Chart

DeTai New Energy Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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13.05

5.52

6.60

35.34

48.01

DeTai New Energy Group 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															45.91	166.90	76.31	32.48	40.42

Competitive Comparison of DeTai New Energy Group's Days Sales Outstanding

For the Lodging subindustry, DeTai New Energy Group'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.

DeTai New Energy Group's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DeTai New Energy Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where DeTai New Energy Group's Days Sales Outstanding falls into.

DeTai New Energy Group 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.

DeTai New Energy Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (7.497	+	0.7)	/	2 )	/	31.159	*	365
=	4.0985					/	31.159	*	365
=	48.01

DeTai New Energy Group'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
=	( (0.7	+	5.434)	/	2 )	/	13.848	*	365 / 2
=	3.067					/	13.848	*	365 / 2
=	40.42

DeTai New Energy Group (HKSE:00559) Days Sales Outstanding Explanation

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

DeTai New Energy Group Days Sales Outstanding Related Terms

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DeTai New Energy Group (HKSE:00559) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DeTai New Energy Group Ltd (HKSE:00559) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

110–116 Queen’s Road Central, Room 905, 9th Floor, Wings Building, Wan Chai, Hong Kong, HKG

Website

https://www.detai-group.com

DeTai New Energy Group Ltd is an investment holding company. The company's operating segment includes the Hotel hospitality business; Money lending services; trading and distribution of liquor and win; and investments in listed securities and funds. It generates maximum revenue from the Hotel hospitality business segment. Geographically, it derives a majority of its revenue from Japan and also has a presence in Hong Kong; and China.

Executives

Tong Liang

2101 Beneficial owner

DeTai New Energy Group (HKSE:00559) Headlines

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