Grand Vision Media Holdings (LSE:GVMH) Days Sales Outstanding : 62.38 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Grand Vision Media Holdings Days Sales Outstanding?

Grand Vision Media Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was £0.13 Mil. Grand Vision Media Holdings's Revenue for the six months ended in Dec. 2023 was £0.37 Mil. Hence, Grand Vision Media Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.38.

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

LSE:GVMH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.23 Med: 146.72 Max: 315.7
Current: 72.23

During the past 8 years, Grand Vision Media Holdings's highest Days Sales Outstanding was 315.70. The lowest was 72.23. And the median was 146.72.

LSE:GVMH's Days Sales Outstanding is ranked worse than
53.94% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs LSE:GVMH: 72.23

Grand Vision Media Holdings's Days Sales Outstanding declined from Dec. 2022 (79.69) to Dec. 2023 (62.38).

Grand Vision Media Holdings Days Sales Outstanding Historical Data

The historical data trend for Grand Vision Media 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.

* Premium members only.

Grand Vision Media Holdings Days Sales Outstanding Chart

Grand Vision Media Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

177.22

315.70

292.12

100.61

74.15

Grand Vision Media Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										319.01	102.54	79.69	85.70	62.38

Competitive Comparison of Grand Vision Media Holdings's Days Sales Outstanding

For the Advertising Agencies subindustry, Grand Vision Media 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.

Grand Vision Media Holdings's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Grand Vision Media Holdings's Days Sales Outstanding falls into.

Grand Vision Media 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.

Grand Vision Media 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
=	( (0.103	+	0.142)	/	2 )	/	0.603	*	365
=	0.1225					/	0.603	*	365
=	74.15

Grand Vision Media 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.113	+	0.142)	/	2 )	/	0.373	*	365 / 2
=	0.1275					/	0.373	*	365 / 2
=	62.38

Grand Vision Media Holdings (LSE:GVMH) Days Sales Outstanding Explanation

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

Grand Vision Media Holdings Days Sales Outstanding Related Terms

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

Grand Vision Media Holdings (LSE:GVMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Vision Media Holdings PLC (LSE:GVMH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC2M 7LD

Website

https://www.gvmh.co.uk

Grand Vision Media Holdings PLC is an integrated digital out-of-home media provider by deploying display and marketing technologies at strategic, and high-traffic locations. The company has a single segment being social media advertising and operates in the People's Republic of China.

Grand Vision Media Holdings (LSE:GVMH) Headlines

No Headlines