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Kingland Group Holdings (HKSE:01751) Days Sales Outstanding : 40.64 (As of Dec. 2023)


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What is Kingland Group Holdings Days Sales Outstanding?

Kingland Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$14.6 Mil. Kingland Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$65.7 Mil. Hence, Kingland Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 40.64.

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

HKSE:01751' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.69   Med: 61.33   Max: 178.11
Current: 36.89

During the past 10 years, Kingland Group Holdings's highest Days Sales Outstanding was 178.11. The lowest was 24.69. And the median was 61.33.

HKSE:01751's Days Sales Outstanding is ranked better than
84.92% of 1645 companies
in the Construction industry
Industry Median: 73.28 vs HKSE:01751: 36.89

Kingland Group Holdings's Days Sales Outstanding increased from Dec. 2022 (35.72) to Dec. 2023 (40.64).


Kingland Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Kingland 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.

* Premium members only.

Kingland Group Holdings Days Sales Outstanding Chart

Kingland Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.11 98.34 62.11 51.11 24.69

Kingland Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.63 69.68 35.72 45.77 40.64

Competitive Comparison of Kingland Group Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Kingland 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.


Kingland Group Holdings's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingland Group Holdings's Days Sales Outstanding distribution charts can be found below:

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



Kingland 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.

Kingland Group Holdings'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
=( (7.476 + 8.921) / 2 ) / 121.186*365
=8.1985 / 121.186*365
=24.69

Kingland Group Holdings'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
=( (20.347 + 8.921) / 2 ) / 65.719*365 / 2
=14.634 / 65.719*365 / 2
=40.64

* 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.


Kingland Group Holdings  (HKSE:01751) Days Sales Outstanding Explanation

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


Kingland Group Holdings Days Sales Outstanding Related Terms

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Kingland Group Holdings (HKSE:01751) Business Description

Traded in Other Exchanges
N/A
Address
209 and 211 Wai Yip Street, Flat B, Ground Floor, Fu Hop Factory Building, Kwun Tong, Hong Kong, HKG
Kingland Group Holdings Ltd is the provision of concrete demolition service in Hong Kong and Macau mainly as a subcontractor. Its services are mainly required in the removal of pieces or sections of concrete from concrete structures and the demolition of the entire concrete structures or buildings by applying a variety of methods, such as core drilling, sawing and crushing. Its services are required in many different situations including, among others, addition and alteration works and redevelopment projects in buildings, roads, tunnels and underground facilities. Its customers are main contractors in various types of construction and civil engineering projects in Hong Kong and construction projects in Macau.
Executives
Kwok Shun Tim
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Yip Nga Wan 2202 Interest of your spouse
Chan Yuk Sing 2201 Interest of corporation controlled by you
Cheung Shek On 2201 Interest of corporation controlled by you
Cho Bik Nung 2202 Interest of your spouse
Luk Pui Kei Peggy 2202 Interest of your spouse
China New Economy Fund Limited 2101 Beneficial owner

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