Precious Dragon Technology Holdings (HKSE:01861) Days Sales Outstanding : 21.03 (As of Dec. 2023)

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What is Precious Dragon Technology Holdings Days Sales Outstanding?

Precious Dragon Technology Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$33.5 Mil. Precious Dragon Technology Holdings's Revenue for the six months ended in Dec. 2023 was HK$291.0 Mil. Hence, Precious Dragon Technology Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 21.03.

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

HKSE:01861' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.64 Med: 22.15 Max: 26.14
Current: 20.93

During the past 8 years, Precious Dragon Technology Holdings's highest Days Sales Outstanding was 26.14. The lowest was 18.64. And the median was 22.15.

HKSE:01861's Days Sales Outstanding is ranked worse than
55.94% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.49 vs HKSE:01861: 20.93

Precious Dragon Technology Holdings's Days Sales Outstanding declined from Dec. 2022 (22.52) to Dec. 2023 (21.03).

Precious Dragon Technology Holdings Days Sales Outstanding Historical Data

The historical data trend for Precious Dragon Technology 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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Precious Dragon Technology Holdings Days Sales Outstanding Chart

Precious Dragon Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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21.50

18.64

22.80

21.25

20.77

Precious Dragon Technology Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									21.97	26.20	22.52	20.99	21.03

Competitive Comparison of Precious Dragon Technology Holdings's Days Sales Outstanding

For the Specialty Retail subindustry, Precious Dragon Technology 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.

Precious Dragon Technology Holdings's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Precious Dragon Technology Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Precious Dragon Technology Holdings's Days Sales Outstanding falls into.

Precious Dragon Technology 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.

Precious Dragon Technology 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
=	( (28.784	+	34.618)	/	2 )	/	557.221	*	365
=	31.701					/	557.221	*	365
=	20.77

Precious Dragon Technology 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
=	( (32.447	+	34.618)	/	2 )	/	290.984	*	365 / 2
=	33.5325					/	290.984	*	365 / 2
=	21.03

Precious Dragon Technology Holdings (HKSE:01861) Days Sales Outstanding Explanation

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

Precious Dragon Technology Holdings Days Sales Outstanding Related Terms

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Precious Dragon Technology Holdings (HKSE:01861) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Precious Dragon Technology Holdings Ltd (HKSE:01861) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 628, Jufeng North Road, Aotou Town, Conghua District, Guangdong Province, Guangzhou, CHN

Website

https://www.botny.com

Precious Dragon Technology Holdings Ltd is an investment holding company. The company operates in the segments of Automotive beauty and maintenance products; and Personal care products. The majority of its revenue comes from the Automotive segment, which includes products such as auto cleaning and maintenance products (auto interior decoration cleaning products, tire and wheel cleaning, and care products), paint and coating (chrome aerosol spray), winter and summer specials (refrigerant and cold cranking agent), and air-fresheners. The company products are in the form of both aerosol and non-aerosol products. Some of its brands are ATM, NISSEI, PARLUX, PISCIS, and ETOMAN. Its geographical segments are Mainland China, Japan, Asia, the Middle East, America, and Others.

Precious Dragon Technology Holdings (HKSE:01861) Headlines

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