China High Precision Automation Group (HKSE:00591) Days Sales Outstanding : 185.16 (As of Dec. 2023)

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What is China High Precision Automation Group Days Sales Outstanding?

China High Precision Automation Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$80.5 Mil. China High Precision Automation Group's Revenue for the six months ended in Dec. 2023 was HK$79.3 Mil. Hence, China High Precision Automation Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 185.16.

The historical rank and industry rank for China High Precision Automation Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00591' s Days Sales Outstanding Range Over the Past 10 Years
Min: 136.79 Med: 199.02 Max: 242.94
Current: 186.61

During the past 13 years, China High Precision Automation Group's highest Days Sales Outstanding was 242.94. The lowest was 136.79. And the median was 199.02.

HKSE:00591's Days Sales Outstanding is ranked worse than
92.56% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs HKSE:00591: 186.61

China High Precision Automation Group's Days Sales Outstanding declined from Dec. 2022 (186.80) to Dec. 2023 (185.16).

China High Precision Automation Group Days Sales Outstanding Historical Data

The historical data trend for China High Precision Automation 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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China High Precision Automation Group Days Sales Outstanding Chart

China High Precision Automation Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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174.54

159.90

136.79

194.93

190.33

China High Precision Automation 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															188.48	195.65	186.80	186.90	185.16

Competitive Comparison of China High Precision Automation Group's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, China High Precision Automation 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.

China High Precision Automation Group's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China High Precision Automation Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China High Precision Automation Group's Days Sales Outstanding falls into.

China High Precision Automation 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.

China High Precision Automation 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
=	( (82.315	+	79.133)	/	2 )	/	154.809	*	365
=	80.724					/	154.809	*	365
=	190.33

China High Precision Automation 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
=	( (79.133	+	81.858)	/	2 )	/	79.338	*	365 / 2
=	80.4955					/	79.338	*	365 / 2
=	185.16

China High Precision Automation Group (HKSE:00591) 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 High Precision Automation Group Days Sales Outstanding Related Terms

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China High Precision Automation Group (HKSE:00591) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China High Precision Automation Group Ltd (HKSE:00591) » Definitions » Days Sales Outstanding

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HPAGF:USA

Address

18 Fenwick Street, 7th Floor, Room 703, Jubilee Centre, Wanchai, Hong Kong, HKG

Website

http://www.chpag.cn

China High Precision Automation Group Ltd is an investment holding company, which through its subsidiaries engages in the research, development, manufacturing, and sale of industrial automation instrument and technology products. It operates through the following segments: Automation Instrument and Technology Products and Horological Instruments. The Automation Instrument and Technology Products segment which earns majority revenue manufactures and trades intelligent display instruments, flow accumulate instruments, pressure transmitters, and logging control instruments. Its Horological Instruments covers the manufacture and trade of multi-functional all-plastic quartz watch movements. Geographically the company receives maximum revenue from the People's Republic of China.

Executives

Wong Fun Chung

2101 Beneficial owner

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