REM Group (Holdings) (HKSE:01750) Days Sales Outstanding : 137.54 (As of Dec. 2023)

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What is REM Group (Holdings) Days Sales Outstanding?

REM Group (Holdings)'s average Accounts Receivable for the six months ended in Dec. 2023 was HK$61.1 Mil. REM Group (Holdings)'s Revenue for the six months ended in Dec. 2023 was HK$81.0 Mil. Hence, REM Group (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 137.54.

The historical rank and industry rank for REM Group (Holdings)'s Days Sales Outstanding or its related term are showing as below:

HKSE:01750' s Days Sales Outstanding Range Over the Past 10 Years
Min: 106.91 Med: 115.36 Max: 176.02
Current: 147.14

During the past 9 years, REM Group (Holdings)'s highest Days Sales Outstanding was 176.02. The lowest was 106.91. And the median was 115.36.

HKSE:01750's Days Sales Outstanding is ranked worse than
83.67% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs HKSE:01750: 147.14

REM Group (Holdings)'s Days Sales Outstanding increased from Dec. 2022 (98.22) to Dec. 2023 (137.54).

REM Group (Holdings) Days Sales Outstanding Historical Data

The historical data trend for REM Group (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.

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REM Group (Holdings) Days Sales Outstanding Chart

REM Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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115.36

176.02

152.61

113.99

148.74

REM Group (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											127.11	114.83	98.22	154.66	137.54

Competitive Comparison of REM Group (Holdings)'s Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, REM Group (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.

REM Group (Holdings)'s Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, REM Group (Holdings)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where REM Group (Holdings)'s Days Sales Outstanding falls into.

REM Group (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.

REM Group (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
=	( (79.572	+	56.361)	/	2 )	/	166.784	*	365
=	67.9665					/	166.784	*	365
=	148.74

REM Group (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
=	( (65.774	+	56.361)	/	2 )	/	81.031	*	365 / 2
=	61.0675					/	81.031	*	365 / 2
=	137.54

REM Group (Holdings) (HKSE:01750) Days Sales Outstanding Explanation

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

REM Group (Holdings) Days Sales Outstanding Related Terms

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REM Group (Holdings) (HKSE:01750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » REM Group (Holdings) Ltd (HKSE:01750) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG

Website

http://www.rem-group.com.hk

REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.

REM Group (Holdings) (HKSE:01750) Headlines

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