Daohe Global Group (HKSE:00915) Days Sales Outstanding : 25.77 (As of Dec. 2023)

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What is Daohe Global Group Days Sales Outstanding?

Daohe Global Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$27.7 Mil. Daohe Global Group's Revenue for the six months ended in Dec. 2023 was HK$196.0 Mil. Hence, Daohe Global Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 25.77.

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

HKSE:00915' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.74 Med: 26.67 Max: 43.7
Current: 28.18

During the past 13 years, Daohe Global Group's highest Days Sales Outstanding was 43.70. The lowest was 16.74. And the median was 26.67.

HKSE:00915's Days Sales Outstanding is ranked worse than
63.37% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.88 vs HKSE:00915: 28.18

Daohe Global Group's Days Sales Outstanding declined from Dec. 2022 (40.31) to Dec. 2023 (25.77).

Daohe Global Group Days Sales Outstanding Historical Data

The historical data trend for Daohe Global Group'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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Daohe Global Group Days Sales Outstanding Chart

Daohe Global Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.37

43.70

34.06

39.51

29.34

Daohe Global Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															31.31	42.61	40.31	30.03	25.77

Competitive Comparison of Daohe Global Group's Days Sales Outstanding

For the Specialty Retail subindustry, Daohe Global Group'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.

Daohe Global Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daohe Global Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Daohe Global Group's Days Sales Outstanding falls into.

Daohe Global Group 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.

Daohe Global Group'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
=	( (24.991	+	30.7)	/	2 )	/	346.404	*	365
=	27.8455					/	346.404	*	365
=	29.34

Daohe Global Group'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
=	( (24.65	+	30.7)	/	2 )	/	196.01	*	365 / 2
=	27.675					/	196.01	*	365 / 2
=	25.77

Daohe Global Group (HKSE:00915) Days Sales Outstanding Explanation

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

Daohe Global Group Days Sales Outstanding Related Terms

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Daohe Global Group (HKSE:00915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Daohe Global Group Ltd (HKSE:00915) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Sheung Yuet Road, 6th Floor, YHC Tower, Kowloon Bay, Hong Kong, HKG

Website

https://www.daoheglobal.com.hk

Daohe Global Group Ltd is an investment holding company. The company along with its subsidiaries engages in the sale of merchandise, hard goods, provision of procurement and value-added services operating in North America, Europe and other regions. Its business is organized into the segments of Trading and supply chain management services; and the Operation of the online social platform. Its primary business activity involves the design, purchase, and sale of garments, fashion accessories, bathroom products, glassware, toy and luggage. It earns prime revenue from China.

Executives

Zhou Xijian	2201 Interest of corporation controlled by you
Tsang Chun Ho Anthony	2101 Beneficial owner

Daohe Global Group (HKSE:00915) Headlines

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