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Differ Group Auto (HKSE:06878) Days Sales Outstanding : 26.16 (As of Jun. 2023)


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What is Differ Group Auto Days Sales Outstanding?

Differ Group Auto's average Accounts Receivable for the six months ended in Jun. 2023 was HK$170 Mil. Differ Group Auto's Revenue for the six months ended in Jun. 2023 was HK$1,185 Mil. Hence, Differ Group Auto's Days Sales Outstanding for the six months ended in Jun. 2023 was 26.16.

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

HKSE:06878' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.95   Med: 27.36   Max: 52.05
Current: 39.76

During the past 11 years, Differ Group Auto's highest Days Sales Outstanding was 52.05. The lowest was 3.95. And the median was 27.36.

HKSE:06878's Days Sales Outstanding is ranked better than
52.08% of 265 companies
in the Credit Services industry
Industry Median: 43.69 vs HKSE:06878: 39.76

Differ Group Auto's Days Sales Outstanding declined from Jun. 2022 (83.42) to Jun. 2023 (26.16).


Differ Group Auto Days Sales Outstanding Historical Data

The historical data trend for Differ Group Auto'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.

Differ Group Auto Days Sales Outstanding Chart

Differ Group Auto Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.81 15.85 3.95 27.36 50.02

Differ Group Auto Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.57 28.05 83.42 53.74 26.16

Competitive Comparison of Differ Group Auto's Days Sales Outstanding

For the Credit Services subindustry, Differ Group Auto'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.


Differ Group Auto's Days Sales Outstanding Distribution in the Credit Services Industry

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

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



Differ Group Auto 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.

Differ Group Auto's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (182.749 + 125.662) / 2 ) / 1125.338*365
=154.2055 / 1125.338*365
=50.02

Differ Group Auto's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (125.662 + 213.998) / 2 ) / 1184.676*365 / 2
=169.83 / 1184.676*365 / 2
=26.16

* 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.


Differ Group Auto  (HKSE:06878) Days Sales Outstanding Explanation

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


Differ Group Auto Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Differ Group Auto's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Differ Group Auto (HKSE:06878) Business Description

Traded in Other Exchanges
N/A
Address
No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN
Differ Group Auto Ltd, formerly Differ Group Holding Co Ltd provides finance leases to corporate customers, which are mainly small and medium enterprises, incorporated and operating in Mainland China. The reportable segments of the Group are, Financial services segment includes the provision of guarantee services, express loan services, consultancy services, finance lease services, financial securities services, and assets management in the PRC and Hong Kong; Property development and investment segment includes property development projects and property investment activities in the PRC; Trading of commodities segment includes trading of commodities in the PRC; and Automobile e-commerce includes online e-commerce platform in the automobile industry in the PRC.
Executives
Expert Corporate Limited
Hong Mingxian
Shi Hongjiao
Tianjin Binhai Rural Commercial Bank Corporation 2106 Person having a security interest in shares
Ng Chi Chung 2201 Interest of corporation controlled by you
Ting Pui Shan 2202 Interest of your spouse
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Ever Ultimate Limited 2101 Beneficial owner
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you

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