Kangqiao Service Group (HKSE:02205) Days Sales Outstanding : 202.03 (As of Dec. 2023)

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What is Kangqiao Service Group Days Sales Outstanding?

Kangqiao Service Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$592 Mil. Kangqiao Service Group's Revenue for the six months ended in Dec. 2023 was HK$535 Mil. Hence, Kangqiao Service Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 202.03.

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

HKSE:02205' s Days Sales Outstanding Range Over the Past 10 Years
Min: 149.69 Med: 162.31 Max: 199.74
Current: 199.74

During the past 6 years, Kangqiao Service Group's highest Days Sales Outstanding was 199.74. The lowest was 149.69. And the median was 162.31.

HKSE:02205's Days Sales Outstanding is ranked worse than
88.37% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs HKSE:02205: 199.74

Kangqiao Service Group's Days Sales Outstanding increased from Dec. 2022 (182.49) to Dec. 2023 (202.03).

Kangqiao Service Group Days Sales Outstanding Historical Data

The historical data trend for Kangqiao Service 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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Kangqiao Service Group Days Sales Outstanding Chart

Kangqiao Service Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

149.99

169.05

149.69

179.03

194.36

Kangqiao Service Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					130.80	172.24	182.49	202.86	202.03

Competitive Comparison of Kangqiao Service Group's Days Sales Outstanding

For the Real Estate Services subindustry, Kangqiao Service 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.

Kangqiao Service Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kangqiao Service Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kangqiao Service Group's Days Sales Outstanding falls into.

Kangqiao Service 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.

Kangqiao Service Group'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
=	( (492.743	+	595.247)	/	2 )	/	1021.607	*	365
=	543.995					/	1021.607	*	365
=	194.36

Kangqiao Service 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
=	( (589.155	+	595.247)	/	2 )	/	534.942	*	365 / 2
=	592.201					/	534.942	*	365 / 2
=	202.03

Kangqiao Service Group (HKSE:02205) Days Sales Outstanding Explanation

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

Kangqiao Service Group Days Sales Outstanding Related Terms

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Kangqiao Service Group (HKSE:02205) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kangqiao Service Group Ltd (HKSE:02205) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Daxue Road, 24F, Huacheng International Center, Erqi District, Henan Province, Zhengzhou, CHN

Website

http://www.kqysh.com.cn

Kangqiao Service Group Ltd is a reputable comprehensive property managements service provider. The group is principally engaged in provision of property management services, related value-added services and city services in the PRC. The company has derived all of its revenue from the PRC. The group derives majority of its revenue from Property management services.

Executives

Dong Yanxia
Hung Fai Property Limited
Trident Trust Company (south Dakota) Inc.
Song Gewei
Kang Qiao Yue Sheng Huo Kong Gu You Xian Gong Si

Kangqiao Service Group (HKSE:02205) Headlines

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