Lai Sun Development Co (HKSE:00488) Days Sales Outstanding : 20.43 (As of Jan. 2024)

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What is Lai Sun Development Co Days Sales Outstanding?

Lai Sun Development Co's average Accounts Receivable for the six months ended in Jan. 2024 was HK$340 Mil. Lai Sun Development Co's Revenue for the six months ended in Jan. 2024 was HK$3,039 Mil. Hence, Lai Sun Development Co's Days Sales Outstanding for the six months ended in Jan. 2024 was 20.43.

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

HKSE:00488' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.85 Med: 23.06 Max: 61.09
Current: 23.45

During the past 13 years, Lai Sun Development Co's highest Days Sales Outstanding was 61.09. The lowest was 1.85. And the median was 23.06.

HKSE:00488's Days Sales Outstanding is ranked better than
60.31% of 1668 companies
in the Real Estate industry
Industry Median: 36.985 vs HKSE:00488: 23.45

Lai Sun Development Co's Days Sales Outstanding declined from Jan. 2023 (28.62) to Jan. 2024 (20.43).

Lai Sun Development Co Days Sales Outstanding Historical Data

The historical data trend for Lai Sun 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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Lai Sun Development Co Days Sales Outstanding Chart

Lai Sun Development Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

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54.26

59.10

19.64

26.47

27.75

Lai Sun Development Co Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															21.71	27.20	28.62	26.98	20.43

Competitive Comparison of Lai Sun Development Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Lai Sun 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.

Lai Sun Development Co's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

Lai Sun 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.

Lai Sun Development Co's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (399.768	+	345.574)	/	2 )	/	4901.537	*	365
=	372.671					/	4901.537	*	365
=	27.75

Lai Sun Development Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (345.574	+	334.969)	/	2 )	/	3038.925	*	365 / 2
=	340.2715					/	3038.925	*	365 / 2
=	20.43

Lai Sun Development Co (HKSE:00488) Days Sales Outstanding Explanation

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

Lai Sun Development Co Days Sales Outstanding Related Terms

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Lai Sun Development Co (HKSE:00488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Development Co Ltd (HKSE:00488) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

LVSDF:USA

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

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