JH Educational Technology (HKSE:01935) Days Sales Outstanding : 0.39 (As of Dec. 2023)

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What is JH Educational Technology Days Sales Outstanding?

JH Educational Technology's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1.0 Mil. JH Educational Technology's Revenue for the six months ended in Dec. 2023 was HK$472.8 Mil. Hence, JH Educational Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.39.

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

HKSE:01935' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.29 Med: 0.6 Max: 1.06
Current: 0.51

During the past 8 years, JH Educational Technology's highest Days Sales Outstanding was 1.06. The lowest was 0.29. And the median was 0.60.

HKSE:01935's Days Sales Outstanding is ranked better than
98.41% of 251 companies
in the Education industry
Industry Median: 28.23 vs HKSE:01935: 0.51

JH Educational Technology's Days Sales Outstanding declined from Dec. 2022 (0.41) to Dec. 2023 (0.39).

JH Educational Technology Days Sales Outstanding Historical Data

The historical data trend for JH Educational Technology'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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JH Educational Technology Days Sales Outstanding Chart

JH Educational Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

0.96

0.66

0.47

0.54

0.70

JH Educational Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									0.21	0.20	0.41	0.43	0.39

Competitive Comparison of JH Educational Technology's Days Sales Outstanding

For the Education & Training Services subindustry, JH Educational Technology'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.

JH Educational Technology's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JH Educational Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where JH Educational Technology's Days Sales Outstanding falls into.

JH Educational Technology 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.

JH Educational Technology'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
=	( (1.951	+	1.723)	/	2 )	/	955.246	*	365
=	1.837					/	955.246	*	365
=	0.70

JH Educational Technology'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
=	( (0.318	+	1.723)	/	2 )	/	472.83	*	365 / 2
=	1.0205					/	472.83	*	365 / 2
=	0.39

JH Educational Technology (HKSE:01935) Days Sales Outstanding Explanation

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

JH Educational Technology Days Sales Outstanding Related Terms

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JH Educational Technology (HKSE:01935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JH Educational Technology Inc (HKSE:01935) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 618, Liuweng Road, Liushi Town, Yueqing, CHN

Website

http://www.jheduchina.com

JH Educational Technology Inc is engaged in the provision of higher and secondary education services and related management services in the People's Republic of China (the PRC). In addition to offering higher education, it also provides education to high school students in Zhejiang province. It controls and operates three schools, namely Zhengzhou College of Economics and Business, Zhejiang Changzheng Vocational & Technical College, and Yueqing Jingyi Secondary School. Geographically company generates its revenue from China.

Executives

Feng’s Investment Holdings Limited	2101 Beneficial owner
Chen Ling Feng	2201 Interest of corporation controlled by you
Chen Shu	2201 Interest of corporation controlled by you
Chen Yu Cao	2201 Interest of corporation controlled by you
Nan Luo Qiu	2202 Interest of your spouse
Cao’s Investment Holdings Limited	2101 Beneficial owner
Chen Yu Dian	2202 Interest of your spouse
Chen Yu Chun	2201 Interest of corporation controlled by you
Zheng Sui Lan	2202 Interest of your spouse
Zhang Xu Li	2201 Interest of corporation controlled by you
Chun’s Investment Holdings Limited	2101 Beneficial owner
Zxl Investment Holdings Limited	2101 Beneficial owner
Lin Yun Ru	2202 Interest of your spouse
Shu’s Investment Holdings Limited	2101 Beneficial owner
Chen Yu Guo	2201 Interest of corporation controlled by you

JH Educational Technology (HKSE:01935) Headlines

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