Red Star Macalline Group (HKSE:01528) Days Sales Outstanding : 55.55 (As of Mar. 2024)

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What is Red Star Macalline Group Days Sales Outstanding?

Red Star Macalline Group's average Accounts Receivable for the three months ended in Mar. 2024 was HK$1,396 Mil. Red Star Macalline Group's Revenue for the three months ended in Mar. 2024 was HK$2,294 Mil. Hence, Red Star Macalline Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.55.

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

HKSE:01528' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.34 Med: 38.17 Max: 53.04
Current: 47.6

During the past 10 years, Red Star Macalline Group's highest Days Sales Outstanding was 53.04. The lowest was 27.34. And the median was 38.17.

HKSE:01528's Days Sales Outstanding is ranked worse than
57.15% of 1664 companies
in the Real Estate industry
Industry Median: 36.89 vs HKSE:01528: 47.60

Red Star Macalline Group's Days Sales Outstanding declined from Mar. 2023 (67.09) to Mar. 2024 (55.55).

Red Star Macalline Group Days Sales Outstanding Historical Data

The historical data trend for Red Star Macalline 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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Red Star Macalline Group Days Sales Outstanding Chart

Red Star Macalline Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.10

46.53

45.07

53.04

50.82

Red Star Macalline Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															67.09	49.62	48.63	43.39	55.55

Competitive Comparison of Red Star Macalline Group's Days Sales Outstanding

For the Real Estate Services subindustry, Red Star Macalline 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.

Red Star Macalline Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Red Star Macalline Group's Days Sales Outstanding falls into.

Red Star Macalline 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.

Red Star Macalline 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
=	( (2191.183	+	1316.166)	/	2 )	/	12594.845	*	365
=	1753.6745					/	12594.845	*	365
=	50.82

Red Star Macalline Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1316.166	+	1476.561)	/	2 )	/	2293.768	*	365 / 4
=	1396.3635					/	2293.768	*	365 / 4
=	55.55

Red Star Macalline Group (HKSE:01528) Days Sales Outstanding Explanation

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

Red Star Macalline Group Days Sales Outstanding Related Terms

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Red Star Macalline Group (HKSE:01528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Red Star Macalline Group Corp Ltd (HKSE:01528) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

601828:China

Address

No. 2/5, Lane 1466, Shenchang Road, Minhang District, Shanghai, CHN

Website

https://www.chinaredstar.com

Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments.Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them. Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand. The Construction and design segment provides building installation and decorating services in shopping malls. Sales of merchandise and related services segment include retail sales of home furnishing merchandise and providing related decorating services. All of its revenues are derived from the PRC.

Red Star Macalline Group (HKSE:01528) Headlines

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