Tahoe Group Co (SZSE:000732) Days Sales Outstanding : 32.41 (As of Mar. 2023)

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What is Tahoe Group Co Days Sales Outstanding?

Tahoe Group Co's average Accounts Receivable for the three months ended in Mar. 2023 was ¥344 Mil. Tahoe Group Co's Revenue for the three months ended in Mar. 2023 was ¥969 Mil. Hence, Tahoe Group Co's Days Sales Outstanding for the three months ended in Mar. 2023 was 32.41.

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

SZSE:000732's Days Sales Outstanding is not ranked ^*
in the Real Estate industry.
Industry Median: 36.87
* Ranked among companies with meaningful Days Sales Outstanding only.

Tahoe Group Co's Days Sales Outstanding declined from Mar. 2022 (190.59) to Mar. 2023 (32.41).

Tahoe Group Co Days Sales Outstanding Historical Data

The historical data trend for Tahoe Group Co'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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Tahoe Group Co Days Sales Outstanding Chart

Tahoe Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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14.54

20.53

116.06

50.44

18.06

Tahoe Group Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															190.59	20.26	35.85	14.82	32.41

Competitive Comparison of Tahoe Group Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Tahoe Group Co'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.

Tahoe Group Co's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

Tahoe Group Co 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.

Tahoe Group Co'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
=	( (527.661	+	343.346)	/	2 )	/	8802.848	*	365
=	435.5035					/	8802.848	*	365
=	18.06

Tahoe Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (343.346	+	345.075)	/	2 )	/	969.247	*	365 / 4
=	344.2105					/	969.247	*	365 / 4
=	32.41

Tahoe Group Co (SZSE:000732) Days Sales Outstanding Explanation

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

Tahoe Group Co Days Sales Outstanding Related Terms

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Tahoe Group Co (SZSE:000732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tahoe Group Co Ltd (SZSE:000732) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 9 East Second Ring Road, Cross Island Road, Taihe square, Taihe center, 20-31 layer, Jinan District, Fuzhou, CHN, 350001

Website

http://www.thaihot.com.cn

Tahoe Group Co Ltd is a real estate development company. The portfolio owned by the firm includes office buildings, hotel apartments, and commercial pedestrian streets. Geographically, the business operations of the company are located across China mainly in Beijing and Shanghai.

Executives

Shen Li Nan	Executives
Ge Yong	Directors, executives
Zhu Jin Kang	Executives
Huang Qi Sen	Directors, executives
Ding Yu Kun	Supervisors

Tahoe Group Co (SZSE:000732) Headlines

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