Hla Group (SHSE:600398) Days Sales Outstanding : 14.16 (As of Mar. 2024)

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What is Hla Group Days Sales Outstanding?

Hla Group's average Accounts Receivable for the three months ended in Mar. 2024 was ¥959 Mil. Hla Group's Revenue for the three months ended in Mar. 2024 was ¥6,177 Mil. Hence, Hla Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 14.16.

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

SHSE:600398' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.29 Med: 13.09 Max: 21.17
Current: 19.17

During the past 13 years, Hla Group's highest Days Sales Outstanding was 21.17. The lowest was 9.29. And the median was 13.09.

SHSE:600398's Days Sales Outstanding is ranked better than
89.14% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.12 vs SHSE:600398: 19.17

Hla Group's Days Sales Outstanding declined from Mar. 2023 (18.50) to Mar. 2024 (14.16).

Hla Group Days Sales Outstanding Historical Data

The historical data trend for Hla 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.

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Hla Group Days Sales Outstanding Chart

Hla Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.12

17.74

18.04

21.17

18.11

Hla Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															18.50	20.71	28.12	18.13	14.16

Competitive Comparison of Hla Group's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Hla 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.

Hla Group's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hla Group's Days Sales Outstanding distribution charts can be found below:

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

Hla 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.

Hla 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
=	( (1130.734	+	1005.124)	/	2 )	/	21527.549	*	365
=	1067.929					/	21527.549	*	365
=	18.11

Hla Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1005.124	+	911.902)	/	2 )	/	6177.088	*	365 / 4
=	958.513					/	6177.088	*	365 / 4
=	14.16

Hla Group (SHSE:600398) Days Sales Outstanding Explanation

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

Hla Group Days Sales Outstanding Related Terms

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Hla Group (SHSE:600398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hla Group Corp Ltd (SHSE:600398) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heilan Industrial Park, Xinqiao Town, Jiangsu Province, Jiangyin, CHN, 214426

Website

http://www.hla.com

Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company has clothing brands such as Heilan Home, Eichitoo, and Sancanal. The company offers men's clothing, women's clothing, and accessories.

Executives

Zhou Li Chen	Director
Zhao Fang Wei	Director
Qian Ya Ping	Director
Xu Qing Hua	Director
Gu Dong Sheng	Director
Zhou Jian Ping	Director

Hla Group (SHSE:600398) Headlines

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