Xinda Investment Holdings (HKSE:01281) Days Sales Outstanding : 1,029.06 (As of Dec. 2023)

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What is Xinda Investment Holdings Days Sales Outstanding?

Xinda Investment Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$251.3 Mil. Xinda Investment Holdings's Revenue for the six months ended in Dec. 2023 was HK$44.6 Mil. Hence, Xinda Investment Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 1,029.06.

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

HKSE:01281' s Days Sales Outstanding Range Over the Past 10 Years
Min: 144.07 Med: 342.65 Max: 767.42
Current: 728.5

During the past 13 years, Xinda Investment Holdings's highest Days Sales Outstanding was 767.42. The lowest was 144.07. And the median was 342.65.

HKSE:01281's Days Sales Outstanding is ranked worse than
97.56% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.37 vs HKSE:01281: 728.50

Xinda Investment Holdings's Days Sales Outstanding increased from Dec. 2022 (323.12) to Dec. 2023 (1,029.06).

Warning Sign:

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

Xinda Investment Holdings Days Sales Outstanding Historical Data

The historical data trend for Xinda Investment 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.

Xinda Investment Holdings Days Sales Outstanding Chart

Xinda Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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767.42

153.83

144.07

388.54

765.96

Xinda Investment 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															142.46	394.21	323.12	532.27	1,029.06

Competitive Comparison of Xinda Investment Holdings's Days Sales Outstanding

For the Utilities - Independent Power Producers subindustry, Xinda Investment 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.

Xinda Investment Holdings's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Xinda Investment Holdings's Days Sales Outstanding distribution charts can be found below:

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

Xinda Investment 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.

Xinda Investment 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
=	( (244.241	+	279.229)	/	2 )	/	124.724	*	365
=	261.735					/	124.724	*	365
=	765.96

Xinda Investment 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
=	( (223.336	+	279.229)	/	2 )	/	44.564	*	365 / 2
=	251.2825					/	44.564	*	365 / 2
=	1,029.06

Xinda Investment Holdings (HKSE:01281) Days Sales Outstanding Explanation

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

Xinda Investment Holdings Days Sales Outstanding Related Terms

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Xinda Investment Holdings (HKSE:01281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinda Investment Holdings Ltd (HKSE:01281) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN

Website

http://en.longitech.hk

Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.

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Xinda Investment Holdings (HKSE:01281) Headlines

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