Sinohope Technology Holdings (HKSE:01611) Days Sales Outstanding : 2.25 (As of Sep. 2023)

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What is Sinohope Technology Holdings Days Sales Outstanding?

Sinohope Technology Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$4 Mil. Sinohope Technology Holdings's Revenue for the six months ended in Sep. 2023 was HK$328 Mil. Hence, Sinohope Technology Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 2.25.

The historical rank and industry rank for Sinohope Technology Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:01611' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.12 Med: 62.57 Max: 74.94
Current: 3.17

During the past 11 years, Sinohope Technology Holdings's highest Days Sales Outstanding was 74.94. The lowest was 3.12. And the median was 62.57.

HKSE:01611's Days Sales Outstanding is ranked better than
98.83% of 2737 companies
in the Software industry
Industry Median: 61.81 vs HKSE:01611: 3.17

Sinohope Technology Holdings's Days Sales Outstanding increased from Sep. 2022 (1.51) to Sep. 2023 (2.25).

Sinohope Technology Holdings Days Sales Outstanding Historical Data

The historical data trend for Sinohope Technology Holdings'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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Sinohope Technology Holdings Days Sales Outstanding Chart

Sinohope Technology Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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61.17

63.33

42.18

3.12

4.52

Sinohope Technology Holdings Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial														45.77	43.48	1.51	2.52	2.25

Competitive Comparison of Sinohope Technology Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, Sinohope Technology Holdings'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.

Sinohope Technology Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Sinohope Technology Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sinohope Technology Holdings's Days Sales Outstanding falls into.

Sinohope Technology Holdings 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.

Sinohope Technology Holdings's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (65.683	+	4.49)	/	2 )	/	2833.569	*	365
=	35.0865					/	2833.569	*	365
=	4.52

Sinohope Technology Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (3.593	+	4.49)	/	2 )	/	327.688	*	365 / 2
=	4.0415					/	327.688	*	365 / 2
=	2.25

Sinohope Technology Holdings (HKSE:01611) Days Sales Outstanding Explanation

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

Sinohope Technology Holdings Days Sales Outstanding Related Terms

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Sinohope Technology Holdings (HKSE:01611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.

Executives

Avenir Holdings Limited	2101 Beneficial owner
Avenir Investment Limited	2101 Beneficial owner
Shen Nan Peng	2201 Interest of corporation controlled by you
Snp China Enterprises Limited	2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p.	2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd.	2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd.	2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p.	2201 Interest of corporation controlled by you
Hsg Holding Limited	2201 Interest of corporation controlled by you
Avenir Capital Inc.	2101 Beneficial owner
Li Lin	2201 Interest of corporation controlled by you
Du Jun	2101 Beneficial owner
Avenir Cayman Holding Limited	2101 Beneficial owner
On Chain Technology Limited	2101 Beneficial owner
Zhong Gengfa	2101 Beneficial owner

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