Huashi Group Holdings (HKSE:01111) Days Sales Outstanding : 121.33 (As of Dec. 2022)

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What is Huashi Group Holdings Days Sales Outstanding?

Huashi Group Holdings's average Accounts Receivable for the six months ended in Dec. 2022 was HK$76.9 Mil. Huashi Group Holdings's Revenue for the six months ended in Dec. 2022 was HK$231.3 Mil. Hence, Huashi Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2022 was 60.67.

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

HKSE:01111' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.84 Med: 81.06 Max: 270.6
Current: 270.6

During the past 4 years, Huashi Group Holdings's highest Days Sales Outstanding was 270.60. The lowest was 62.84. And the median was 81.06.

HKSE:01111's Days Sales Outstanding is ranked worse than
93.17% of 1025 companies
in the Media - Diversified industry
Industry Median: 68.75 vs HKSE:01111: 270.60

Huashi Group Holdings's Days Sales Outstanding increased from Dec. 2020 (81.06) to Dec. 2022 (121.33).

Warning Sign:

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

Huashi Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Huashi Group 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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Huashi Group Holdings Days Sales Outstanding Chart

Huashi Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

81.06

62.84

121.33

270.60

Huashi Group Holdings Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Sales Outstanding	81.06	62.84	121.33	270.60

Competitive Comparison of Huashi Group Holdings's Days Sales Outstanding

For the Advertising Agencies subindustry, Huashi Group 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.

Huashi Group Holdings's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

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

Huashi Group 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.

Huashi Group Holdings'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
=	( (39.232	+	114.577)	/	2 )	/	231.346	*	365
=	76.9045					/	231.346	*	365
=	121.33

Huashi Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (39.232	+	114.577)	/	2 )	/	231.346	*	365 / 2
=	76.9045					/	231.346	*	365 / 2
=	60.67

Huashi Group Holdings (HKSE:01111) Days Sales Outstanding Explanation

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

Huashi Group Holdings Days Sales Outstanding Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN

Website

http://www.youmeimu.com

Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

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