New Sparkle Roll International Group (HKSE:00970) Days Sales Outstanding : 3.73 (As of Sep. 2023)

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What is New Sparkle Roll International Group Days Sales Outstanding?

New Sparkle Roll International Group's average Accounts Receivable for the six months ended in Sep. 2023 was HK$35 Mil. New Sparkle Roll International Group's Revenue for the six months ended in Sep. 2023 was HK$1,734 Mil. Hence, New Sparkle Roll International Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 3.73.

The historical rank and industry rank for New Sparkle Roll International Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00970' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.36 Med: 1.64 Max: 3.64
Current: 3.64

During the past 13 years, New Sparkle Roll International Group's highest Days Sales Outstanding was 3.64. The lowest was 0.36. And the median was 1.64.

HKSE:00970's Days Sales Outstanding is ranked better than
98.43% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.37 vs HKSE:00970: 3.64

New Sparkle Roll International Group's Days Sales Outstanding increased from Sep. 2022 (2.79) to Sep. 2023 (3.73).

New Sparkle Roll International Group Days Sales Outstanding Historical Data

The historical data trend for New Sparkle Roll International 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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New Sparkle Roll International Group Days Sales Outstanding Chart

New Sparkle Roll International Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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1.32

3.10

2.23

1.95

2.92

New Sparkle Roll International Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															1.38	2.27	2.79	3.57	3.73

Competitive Comparison of New Sparkle Roll International Group's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, New Sparkle Roll International 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.

New Sparkle Roll International Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Sparkle Roll International Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Sparkle Roll International Group's Days Sales Outstanding falls into.

New Sparkle Roll International 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.

New Sparkle Roll International Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (27.823	+	36.228)	/	2 )	/	3997.656	*	365
=	32.0255					/	3997.656	*	365
=	2.92

New Sparkle Roll International Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (36.228	+	34.664)	/	2 )	/	1733.707	*	365 / 2
=	35.446					/	1733.707	*	365 / 2
=	3.73

New Sparkle Roll International Group (HKSE:00970) 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 Sparkle Roll International Group Days Sales Outstanding Related Terms

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New Sparkle Roll International Group (HKSE:00970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Sparkle Roll International Group Ltd (HKSE:00970) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gloucester Road, 23rd Floor, China Huarong Tower, Wanchai, Hong Kong, HKG

Website

http://www.hk970.com

New Sparkle Roll International Group Ltd is an investment holding company. The operating segments of the company include Auto dealerships; Non-auto dealerships; Property management and Others. The company generates maximum revenue from the Auto dealership segment which includes the distribution of branded automobiles, namely Bentley, Lamborghini, and Rolls-Royce, and the provision of related after-sales services. Geographically, the company derives majority of its revenue from Mainland China and Hong Kong and has a presence in Malaysia.

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