ZX (HKSE:09890) Days Sales Outstanding : 20.91 (As of Dec. 2023)

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What is ZX Days Sales Outstanding?

ZX's average Accounts Receivable for the six months ended in Dec. 2023 was HK$408 Mil. ZX's Revenue for the six months ended in Dec. 2023 was HK$7,126 Mil. Hence, ZX's Days Sales Outstanding for the six months ended in Dec. 2023 was 10.46.

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

HKSE:09890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.99 Med: 18.19 Max: 28.21
Current: 20.91

During the past 4 years, ZX's highest Days Sales Outstanding was 28.21. The lowest was 14.99. And the median was 18.19.

HKSE:09890's Days Sales Outstanding is ranked better than
87.68% of 568 companies
in the Interactive Media industry
Industry Median: 44.78 vs HKSE:09890: 20.91

ZX's Days Sales Outstanding increased from Dec. 2021 (15.46) to Dec. 2023 (20.91).

ZX Days Sales Outstanding Historical Data

The historical data trend for ZX'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.

ZX Days Sales Outstanding Chart

ZX Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

28.21

15.46

14.99

20.91

ZX Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Sales Outstanding	28.21	15.46	14.99	20.91

Competitive Comparison of ZX's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, ZX'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.

ZX's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZX's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ZX's Days Sales Outstanding falls into.

ZX 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.

ZX'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
=	( (476.633	+	339.833)	/	2 )	/	7125.516	*	365
=	408.233					/	7125.516	*	365
=	20.91

ZX'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (476.633	+	339.833)	/	2 )	/	7125.516	*	365 / 2
=	408.233					/	7125.516	*	365 / 2
=	10.46

ZX (HKSE:09890) Days Sales Outstanding Explanation

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

ZX Days Sales Outstanding Related Terms

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ZX (HKSE:09890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN

Website

https://www.zx.com

ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.

Executives

Wu Xubo	2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd.	2301 Trustee
Wxland Holding Limited	2201 Interest of corporation controlled by you
Wxland International Ltd	2101 Beneficial owner
Wxland Limited	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Wu Xuan	2307 Founder of a discretionary trust who can infl
Wxzela International Ltd	2101 Beneficial owner
Zela Holding Limited	2201 Interest of corporation controlled by you
Chen Yang	2201 Interest of corporation controlled by you
Wxworld Holding Limited	2101 Beneficial owner

ZX (HKSE:09890) Headlines

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