Chen Lin Education Group Holdings (HKSE:01593) Days Sales Outstanding : 9.23 (As of Aug. 2023)

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What is Chen Lin Education Group Holdings Days Sales Outstanding?

Chen Lin Education Group Holdings's average Accounts Receivable for the six months ended in Aug. 2023 was HK$13.2 Mil. Chen Lin Education Group Holdings's Revenue for the six months ended in Aug. 2023 was HK$260.9 Mil. Hence, Chen Lin Education Group Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 9.23.

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

HKSE:01593' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.52 Med: 11.7 Max: 34.14
Current: 7.7

During the past 7 years, Chen Lin Education Group Holdings's highest Days Sales Outstanding was 34.14. The lowest was 3.52. And the median was 11.70.

HKSE:01593's Days Sales Outstanding is ranked better than
75.7% of 251 companies
in the Education industry
Industry Median: 28.23 vs HKSE:01593: 7.70

Chen Lin Education Group Holdings's Days Sales Outstanding declined from Aug. 2022 (14.90) to Aug. 2023 (9.23).

Chen Lin Education Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Chen Lin Education 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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Chen Lin Education Group Holdings Days Sales Outstanding Chart

Chen Lin Education Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Days Sales Outstanding

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11.70

30.36

34.14

13.44

7.89

Chen Lin Education Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial								23.25	14.90	6.43	9.23	6.75

Competitive Comparison of Chen Lin Education Group Holdings's Days Sales Outstanding

For the Education & Training Services subindustry, Chen Lin Education 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.

Chen Lin Education Group Holdings's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chen Lin Education Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

Chen Lin Education 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.

Chen Lin Education Group Holdings's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (12.947	+	13.356)	/	2 )	/	608.226	*	365
=	13.1515					/	608.226	*	365
=	7.89

Chen Lin Education Group Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (13.049	+	13.356)	/	2 )	/	260.92	*	365 / 2
=	13.2025					/	260.92	*	365 / 2
=	9.23

Chen Lin Education Group Holdings (HKSE:01593) Days Sales Outstanding Explanation

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

Chen Lin Education Group Holdings Days Sales Outstanding Related Terms

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Chen Lin Education Group Holdings (HKSE:01593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chen Lin Education Group Holdings Ltd (HKSE:01593) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN

Website

http://www.chenlin-edu.com

Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.

Executives

Huang Yulin	2201 Interest of corporation controlled by you
Huangyulin Holdings Limited	2101 Beneficial owner
Wang Li

Chen Lin Education Group Holdings (HKSE:01593) Headlines

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