SY Holdings Group (HKSE:06069) Days Sales Outstanding : 18.36 (As of Dec. 2023)

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What is SY Holdings Group Days Sales Outstanding?

SY Holdings Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$52 Mil. SY Holdings Group's Revenue for the six months ended in Dec. 2023 was HK$513 Mil. Hence, SY Holdings Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.36.

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

HKSE:06069' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.88 Med: 16.24 Max: 95.23
Current: 17.38

During the past 9 years, SY Holdings Group's highest Days Sales Outstanding was 95.23. The lowest was 4.88. And the median was 16.24.

HKSE:06069's Days Sales Outstanding is ranked better than
65.53% of 264 companies
in the Credit Services industry
Industry Median: 45.175 vs HKSE:06069: 17.38

SY Holdings Group's Days Sales Outstanding increased from Dec. 2022 (16.37) to Dec. 2023 (18.36).

SY Holdings Group Days Sales Outstanding Historical Data

The historical data trend for SY Holdings 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.

* Premium members only.

SY Holdings Group Days Sales Outstanding Chart

SY Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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4.88

7.88

14.39

16.24

18.24

SY Holdings Group Semi-Annual Data
	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												17.38	13.63	16.37	15.63	18.36

Competitive Comparison of SY Holdings Group's Days Sales Outstanding

For the Credit Services subindustry, SY Holdings 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.

SY Holdings Group's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SY Holdings Group's Days Sales Outstanding distribution charts can be found below:

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

SY Holdings 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.

SY Holdings 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
=	( (47.447	+	57.884)	/	2 )	/	1053.876	*	365
=	52.6655					/	1053.876	*	365
=	18.24

SY Holdings 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
=	( (45.254	+	57.884)	/	2 )	/	512.634	*	365 / 2
=	51.569					/	512.634	*	365 / 2
=	18.36

SY Holdings Group (HKSE:06069) Days Sales Outstanding Explanation

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

SY Holdings Group Days Sales Outstanding Related Terms

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SY Holdings Group (HKSE:06069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SY Holdings Group Ltd (HKSE:06069) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1 Zhong Xin Number 4 Road, 10/F and 18/F, Kerry Plaza Tower 2, Futian District, Shenzhen, CHN, 518048

Website

https://www.syholdings.com

SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.

Executives

Tung Chi Fung	2307 Founder of a discretionary trust who can infl
Eander Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Wisdom Cosmos Limited	2101 Beneficial owner
Xitong International Holdings (hk) Limited	2101 Beneficial owner
Wu Xi Shi Jiao Tong Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

SY Holdings Group (HKSE:06069) Headlines

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