China Tianbao Group Development Co (HKSE:01427) Days Sales Outstanding : 38.35 (As of Dec. 2023)

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What is China Tianbao Group Development Co Days Sales Outstanding?

China Tianbao Group Development Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$407 Mil. China Tianbao Group Development Co's Revenue for the six months ended in Dec. 2023 was HK$1,939 Mil. Hence, China Tianbao Group Development Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 38.35.

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

HKSE:01427' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.68 Med: 67.13 Max: 107.69
Current: 48.68

During the past 8 years, China Tianbao Group Development Co's highest Days Sales Outstanding was 107.69. The lowest was 48.68. And the median was 67.13.

HKSE:01427's Days Sales Outstanding is ranked worse than
57.44% of 1661 companies
in the Real Estate industry
Industry Median: 36.42 vs HKSE:01427: 48.68

China Tianbao Group Development Co's Days Sales Outstanding declined from Dec. 2022 (104.69) to Dec. 2023 (38.35).

China Tianbao Group Development Co Days Sales Outstanding Historical Data

The historical data trend for China Tianbao Group Development 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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China Tianbao Group Development Co Days Sales Outstanding Chart

China Tianbao Group Development Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.57

48.69

71.78

98.55

50.09

China Tianbao Group Development Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								48.73	125.55	104.69	66.05	38.35

Competitive Comparison of China Tianbao Group Development Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, China Tianbao Group Development 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.

China Tianbao Group Development Co's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

China Tianbao Group Development 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.

China Tianbao Group Development Co'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
=	( (374.238	+	441.349)	/	2 )	/	2971.348	*	365
=	407.7935					/	2971.348	*	365
=	50.09

China Tianbao Group Development Co'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
=	( (373.331	+	441.349)	/	2 )	/	1938.533	*	365 / 2
=	407.34					/	1938.533	*	365 / 2
=	38.35

China Tianbao Group Development Co (HKSE:01427) Days Sales Outstanding Explanation

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

China Tianbao Group Development Co Days Sales Outstanding Related Terms

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China Tianbao Group Development Co (HKSE:01427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tianbao Group Development Co Ltd (HKSE:01427) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 33, Guanyun East Road, Hebei Province, Zhuozhou, CHN

Website

https://www.chinatbjt.com

China Tianbao Group Development Co Ltd is a property developer and construction company in Zhuozhou, a city in Hebei Province, China. The group operates through two segments: Property development and other business; and construction contracting businesses. The property development business is engaged in the development and sales of residential properties, and leasing and operation of an investment property. The construction contracting business provides construction contracting services mainly as a general contractor for building construction projects, infrastructure construction projects, and industrial and commercial construction projects.

Executives

Ai Xinting	2101 Beneficial owner
Jixiang International Industrial Company Limited	2101 Beneficial owner
Li Baotian	2201 Interest of corporation controlled by you
Zhou Chunlan	2202 Interest of your spouse

China Tianbao Group Development Co (HKSE:01427) Headlines

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