Solargiga Energy Holdings (HKSE:00757) Days Sales Outstanding : 70.38 (As of Dec. 2023)

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What is Solargiga Energy Holdings Days Sales Outstanding?

Solargiga Energy Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,569 Mil. Solargiga Energy Holdings's Revenue for the six months ended in Dec. 2023 was HK$4,069 Mil. Hence, Solargiga Energy Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 70.38.

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

HKSE:00757' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.49 Med: 73.76 Max: 126.66
Current: 68.36

During the past 13 years, Solargiga Energy Holdings's highest Days Sales Outstanding was 126.66. The lowest was 44.49. And the median was 73.76.

HKSE:00757's Days Sales Outstanding is ranked worse than
56.82% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs HKSE:00757: 68.36

Solargiga Energy Holdings's Days Sales Outstanding increased from Dec. 2022 (46.36) to Dec. 2023 (70.38).

Solargiga Energy Holdings Days Sales Outstanding Historical Data

The historical data trend for Solargiga Energy Holdings'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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Solargiga Energy Holdings Days Sales Outstanding Chart

Solargiga Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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111.49

73.84

94.63

65.60

73.67

Solargiga Energy Holdings 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															117.85	90.61	46.36	60.69	70.38

Competitive Comparison of Solargiga Energy Holdings's Days Sales Outstanding

For the Solar subindustry, Solargiga Energy Holdings'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.

Solargiga Energy Holdings's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solargiga Energy Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Solargiga Energy Holdings's Days Sales Outstanding falls into.

Solargiga Energy Holdings 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.

Solargiga Energy Holdings'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
=	( (1281.781	+	1893.975)	/	2 )	/	7867.391	*	365
=	1587.878					/	7867.391	*	365
=	73.67

Solargiga Energy Holdings'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
=	( (1244.624	+	1893.975)	/	2 )	/	4069.137	*	365 / 2
=	1569.2995					/	4069.137	*	365 / 2
=	70.38

Solargiga Energy Holdings (HKSE:00757) Days Sales Outstanding Explanation

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

Solargiga Energy Holdings Days Sales Outstanding Related Terms

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Solargiga Energy Holdings (HKSE:00757) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solargiga Energy Holdings Ltd (HKSE:00757) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

3FV:Germany

Address

25 Harbour Road, Room 1402, Harbour Centre, Wanchai, Hong Kong, HKG

Website

https://www.solargiga.com

Solargiga Energy Holdings Ltd is a supplier of upstream and downstream solar energy services. It is involved in the manufacturing of, trading of and provision of processing services for polysilicon and monocrystalline silicon solar ingots, the manufacturing, and trading of semiconductor and monocrystalline silicon solar cells, the manufacturing and trading of photovoltaic modules, and the construction and operation of photovoltaic power plants. The company derives the majority of its revenues from the manufacturing and trading of photovoltaic modules. It mainly operates in Mainland China, Japan, Taiwan, Europe, America, and other Asian regions.

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