New World Development Co (HKSE:00017) Days Sales Outstanding : 105.17 (As of Dec. 2023)

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What is New World Development Co Days Sales Outstanding?

New World Development Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$9,834 Mil. New World Development Co's Revenue for the six months ended in Dec. 2023 was HK$17,066 Mil. Hence, New World Development Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 105.17.

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

HKSE:00017' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.42 Med: 30.19 Max: 67.66
Current: 67.66

During the past 13 years, New World Development Co's highest Days Sales Outstanding was 67.66. The lowest was 21.42. And the median was 30.19.

HKSE:00017's Days Sales Outstanding is ranked worse than
66.29% of 1667 companies
in the Real Estate industry
Industry Median: 36.2 vs HKSE:00017: 67.66

New World Development Co's Days Sales Outstanding declined from Dec. 2022 (141.89) to Dec. 2023 (105.17).

New World Development Co Days Sales Outstanding Historical Data

The historical data trend for New World Development Co'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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New World Development Co Days Sales Outstanding Chart

New World Development Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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23.19

29.90

26.04

26.69

21.42

New World Development Co Semi-Annual Data
	Jun14	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															106.55	118.05	141.89	45.28	105.17

Competitive Comparison of New World Development Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, New World Development Co'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.

New World Development Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New World Development Co's Days Sales Outstanding falls into.

New World Development Co 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.

New World Development Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (5332.7	+	5842)	/	2 )	/	95213.8	*	365
=	5587.35					/	95213.8	*	365
=	21.42

New World Development Co'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
=	( (5842	+	13826.6)	/	2 )	/	17065.5	*	365 / 2
=	9834.3					/	17065.5	*	365 / 2
=	105.17

New World Development Co (HKSE:00017) Days Sales Outstanding Explanation

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

New World Development Co Days Sales Outstanding Related Terms

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New World Development Co (HKSE:00017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (HKSE:00017) » Definitions » Days Sales Outstanding

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NDVLY:USA NWWDF:USA NWDA:Germany

Address

16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG

Website

https://www.nwd.com.hk

New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.

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