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Renze Harvest International (HKSE:01282) Days Sales Outstanding : 45.56 (As of Dec. 2023)


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What is Renze Harvest International Days Sales Outstanding?

Renze Harvest International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$101.4 Mil. Renze Harvest International's Revenue for the six months ended in Dec. 2023 was HK$406.4 Mil. Hence, Renze Harvest International's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.56.

The historical rank and industry rank for Renze Harvest International's Days Sales Outstanding or its related term are showing as below:

HKSE:01282' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.97   Med: 62.64   Max: 84.64
Current: 58.69

During the past 13 years, Renze Harvest International's highest Days Sales Outstanding was 84.64. The lowest was 7.97. And the median was 62.64.

HKSE:01282's Days Sales Outstanding is ranked worse than
62.17% of 1660 companies
in the Real Estate industry
Industry Median: 36.63 vs HKSE:01282: 58.69

Renze Harvest International's Days Sales Outstanding declined from Dec. 2022 (68.67) to Dec. 2023 (45.56).


Renze Harvest International Days Sales Outstanding Historical Data

The historical data trend for Renze Harvest International'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.

Renze Harvest International Days Sales Outstanding Chart

Renze Harvest International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.97 81.90 38.00 70.58 57.85

Renze Harvest International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.05 71.67 68.67 75.60 45.56

Competitive Comparison of Renze Harvest International's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Renze Harvest International'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.


Renze Harvest International's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Renze Harvest International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Renze Harvest International's Days Sales Outstanding falls into.



Renze Harvest International 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.

Renze Harvest International'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
=( (154.221 + 80.432) / 2 ) / 740.268*365
=117.3265 / 740.268*365
=57.85

Renze Harvest International'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
=( (122.432 + 80.432) / 2 ) / 406.35*365 / 2
=101.432 / 406.35*365 / 2
=45.56

* 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.


Renze Harvest International  (HKSE:01282) Days Sales Outstanding Explanation

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


Renze Harvest International Days Sales Outstanding Related Terms

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Renze Harvest International (HKSE:01282) Business Description

Traded in Other Exchanges
Address
Unit 1909, 19/F, Tower Two, Lippo Centre, No. 89, Queensway, Admiralty, HKG
Renze Harvest International Ltd Formerly Glory Sun Financial Group Ltd is a holding company in China that reports in four business segments: Automation, Financial services, Property investment and development, and Securities Investment. It generates maximum revenue from the Property Investment and Development segment.
Executives
China Grand Developments Limited 2101 Beneficial owner
Ma Jianghao 2201 Interest of corporation controlled by you
Bao Xin Development Limited 2101 Beneficial owner
Bao Xin International Group Limited 2201 Interest of corporation controlled by you
Tinmark Development Limited 2201 Interest of corporation controlled by you
Yao Jianhui 2201 Interest of corporation controlled by you
Qian Hai Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

Renze Harvest International (HKSE:01282) Headlines

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