YH Entertainment Group (HKSE:02306) Days Sales Outstanding : 49.12 (As of Dec. 2023)

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What is YH Entertainment Group Days Sales Outstanding?

YH Entertainment Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$115.1 Mil. YH Entertainment Group's Revenue for the six months ended in Dec. 2023 was HK$427.5 Mil. Hence, YH Entertainment Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 49.12.

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

HKSE:02306' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.12 Med: 31.41 Max: 55.23
Current: 55.23

During the past 5 years, YH Entertainment Group's highest Days Sales Outstanding was 55.23. The lowest was 26.12. And the median was 31.41.

HKSE:02306's Days Sales Outstanding is ranked better than
61.42% of 1016 companies
in the Media - Diversified industry
Industry Median: 68.34 vs HKSE:02306: 55.23

YH Entertainment Group's Days Sales Outstanding increased from Dec. 2022 (48.17) to Dec. 2023 (49.12).

YH Entertainment Group Days Sales Outstanding Historical Data

The historical data trend for YH Entertainment Group'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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YH Entertainment Group Days Sales Outstanding Chart

YH Entertainment Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

31.41

26.12

26.20

46.00

55.15

YH Entertainment Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	41.74	48.17	61.87	49.12

Competitive Comparison of YH Entertainment Group's Days Sales Outstanding

For the Entertainment subindustry, YH Entertainment Group'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.

YH Entertainment Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

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

YH Entertainment Group 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.

YH Entertainment Group'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
=	( (145.106	+	104.66)	/	2 )	/	826.548	*	365
=	124.883					/	826.548	*	365
=	55.15

YH Entertainment Group'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
=	( (125.458	+	104.66)	/	2 )	/	427.514	*	365 / 2
=	115.059					/	427.514	*	365 / 2
=	49.12

YH Entertainment Group (HKSE:02306) Days Sales Outstanding Explanation

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

YH Entertainment Group Days Sales Outstanding Related Terms

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YH Entertainment Group (HKSE:02306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (HKSE:02306) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

YHEGF:USA

Address

No. 27 West Dawang Road, Room 150, Building 119, Chaoyang District, Beijing, CHN

Website

https://www.yuehuamusic.com

YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.

Executives

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Li Ruigang

YH Entertainment Group (HKSE:02306) Headlines

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