Sino Splendid Holdings (HKSE:08006) Days Sales Outstanding : 285.29 (As of Dec. 2023)

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What is Sino Splendid Holdings Days Sales Outstanding?

Sino Splendid Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$30.85 Mil. Sino Splendid Holdings's Revenue for the three months ended in Dec. 2023 was HK$9.87 Mil. Hence, Sino Splendid Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 285.29.

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

HKSE:08006' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.42 Med: 106.91 Max: 317
Current: 317

During the past 13 years, Sino Splendid Holdings's highest Days Sales Outstanding was 317.00. The lowest was 69.42. And the median was 106.91.

HKSE:08006's Days Sales Outstanding is ranked worse than
94.23% of 1023 companies
in the Media - Diversified industry
Industry Median: 69.01 vs HKSE:08006: 317.00

Sino Splendid Holdings's Days Sales Outstanding declined from Dec. 2022 (291.19) to Dec. 2023 (285.29).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Sino Splendid Holdings Days Sales Outstanding Historical Data

The historical data trend for Sino Splendid 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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Sino Splendid Holdings Days Sales Outstanding Chart

Sino Splendid Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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130.17

304.84

158.82

193.58

304.33

Sino Splendid Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															291.19	388.69	321.06	237.18	285.29

Competitive Comparison of Sino Splendid Holdings's Days Sales Outstanding

For the Publishing subindustry, Sino Splendid 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.

Sino Splendid Holdings's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sino Splendid Holdings's Days Sales Outstanding distribution charts can be found below:

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

Sino Splendid 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.

Sino Splendid Holdings'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
=	( (39.704	+	30.852)	/	2 )	/	42.311	*	365
=	35.278					/	42.311	*	365
=	304.33

Sino Splendid Holdings'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	30.852)	/	1 )	/	9.868	*	365 / 4
=	30.852					/	9.868	*	365 / 4
=	285.29

Sino Splendid Holdings (HKSE:08006) Days Sales Outstanding Explanation

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

Sino Splendid Holdings Days Sales Outstanding Related Terms

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Sino Splendid Holdings (HKSE:08006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sino Splendid Holdings Ltd (HKSE:08006) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG

Website

http://www.sinosplendid.com

Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.

Sino Splendid Holdings (HKSE:08006) Headlines

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