Tianjin Development Holdings (HKSE:00882) Days Sales Outstanding : 131.58 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Tianjin Development Holdings Days Sales Outstanding?

Tianjin Development Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,087 Mil. Tianjin Development Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,508 Mil. Hence, Tianjin Development Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 131.58.

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

HKSE:00882' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.5 Med: 85.46 Max: 120.11
Current: 114.89

During the past 13 years, Tianjin Development Holdings's highest Days Sales Outstanding was 120.11. The lowest was 49.50. And the median was 85.46.

HKSE:00882's Days Sales Outstanding is ranked worse than
79.28% of 497 companies
in the Conglomerates industry
Industry Median: 61.05 vs HKSE:00882: 114.89

Tianjin Development Holdings's Days Sales Outstanding increased from Dec. 2022 (99.76) to Dec. 2023 (131.58).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Tianjin Development Holdings Days Sales Outstanding Historical Data

The historical data trend for Tianjin Development 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.

* Premium members only.

Tianjin Development Holdings Days Sales Outstanding Chart

Tianjin Development Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

49.50

85.15

71.13

82.07

110.32

Tianjin Development 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															69.65	74.97	99.76	105.32	131.58

Competitive Comparison of Tianjin Development Holdings's Days Sales Outstanding

For the Conglomerates subindustry, Tianjin Development 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.

Tianjin Development Holdings's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Development Holdings's Days Sales Outstanding distribution charts can be found below:

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

Tianjin Development 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.

Tianjin Development 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
=	( (978.163	+	1039.911)	/	2 )	/	3338.429	*	365
=	1009.037					/	3338.429	*	365
=	110.32

Tianjin Development 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
=	( (1134.506	+	1039.911)	/	2 )	/	1507.952	*	365 / 2
=	1087.2085					/	1507.952	*	365 / 2
=	131.58

Tianjin Development Holdings (HKSE:00882) Days Sales Outstanding Explanation

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

Tianjin Development Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Tianjin Development Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Tianjin Development Holdings (HKSE:00882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tianjin Development Holdings Ltd (HKSE:00882) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TJSCF:USA

Address

168-200 Connaught Road Central, Suites 7-13, 36th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.tianjindev.com

Tianjin Development Holdings Ltd is a Chinese conglomerate engaged in utilities and various other services. It operates through six segments: The utility segment distributes electricity, water, heat, and thermal power to industrial, commercial, and residential customers. The Pharmaceutical segment manufactures and sells pharmaceutical products and provides pharmaceutical research and development, pharmaceutical packaging. The Hotels segment manages hotels. The electrical and Mechanical segment manufactures and sells presses, mechanical and hydroelectric equipment, and large-scale pump units. The Port Services segment offers port services. Elevators and Escalators segment manufactures and sells elevators and escalators. Nearly all of its revenue comes from China.

Tianjin Development Holdings (HKSE:00882) Headlines

No Headlines