Shandong International Trust Co (HKSE:01697) Days Sales Outstanding : 97.95 (As of Dec. 2023)

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What is Shandong International Trust Co Days Sales Outstanding?

Shandong International Trust Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$184.3 Mil. Shandong International Trust Co's Revenue for the six months ended in Dec. 2023 was HK$343.3 Mil. Hence, Shandong International Trust Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 97.95.

The historical rank and industry rank for Shandong International Trust Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01697' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.27 Med: 64.83 Max: 193.54
Current: 67.59

During the past 10 years, Shandong International Trust Co's highest Days Sales Outstanding was 193.54. The lowest was 17.27. And the median was 64.83.

HKSE:01697's Days Sales Outstanding is ranked worse than
61.37% of 510 companies
in the Asset Management industry
Industry Median: 49.855 vs HKSE:01697: 67.59

Shandong International Trust Co's Days Sales Outstanding increased from Dec. 2022 (9.59) to Dec. 2023 (97.95).

Shandong International Trust Co Days Sales Outstanding Historical Data

The historical data trend for Shandong International Trust 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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Shandong International Trust Co Days Sales Outstanding Chart

Shandong International Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.41

29.73

37.18

17.27

67.24

Shandong International Trust Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												27.52	64.24	9.59	50.99	97.95

Competitive Comparison of Shandong International Trust Co's Days Sales Outstanding

For the Asset Management subindustry, Shandong International Trust 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.

Shandong International Trust Co's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shandong International Trust Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong International Trust Co's Days Sales Outstanding falls into.

Shandong International Trust 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.

Shandong International Trust 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
=	( (165.416	+	188.712)	/	2 )	/	961.151	*	365
=	177.064					/	961.151	*	365
=	67.24

Shandong International Trust 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
=	( (179.808	+	188.712)	/	2 )	/	343.315	*	365 / 2
=	184.26					/	343.315	*	365 / 2
=	97.95

Shandong International Trust Co (HKSE:01697) Days Sales Outstanding Explanation

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

Shandong International Trust Co Days Sales Outstanding Related Terms

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Shandong International Trust Co (HKSE:01697) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong International Trust Co Ltd (HKSE:01697) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

166 Jiefang Road, Lixia District, Shandong Province, Jinan, CHN, 250013

Website

http://www.sitic.com.cn

Shandong International Trust Co Ltd provides financial and wealth management services. The company's business includes capital trust, asset trust, investment bank, asset management and securities investment funds. It has two business lines that are trust business and proprietary business. Shandong has developed a broad range of trust products to meet the financing, investment, wealth management and succession needs of their various types of clients.

Executives

Qing Dao Quan Qiu Cai Fu Zhong Xin Kai Fa Jian She You Xian Gong Si	2101 Beneficial owner
Qing Dao Shi Lao Shan Qu Cai Zheng Ju	2201 Interest of corporation controlled by you
Zhang Xin Ji Jin Guan Li You Xian Ze Ren Gong Si	2301 Trustee
Ji Nan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Ji Nan Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Create Capital Limited	2101 Beneficial owner
Hwabao Trust Co., Ltd	2301 Trustee
Shan Dong Fa Zhan Tou Zi Kong Gu Ji Tuan You Xian Gong Si

Shandong International Trust Co (HKSE:01697) Headlines

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