Zhongliang Holdings Group Co (HKSE:02772) Days Sales Outstanding : 0.05 (As of Dec. 2023)

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What is Zhongliang Holdings Group Co Days Sales Outstanding?

Zhongliang Holdings Group Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$11 Mil. Zhongliang Holdings Group Co's Revenue for the six months ended in Dec. 2023 was HK$41,306 Mil. Hence, Zhongliang Holdings Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.05.

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

HKSE:02772' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.06
Current: 0.05

During the past 8 years, Zhongliang Holdings Group Co's highest Days Sales Outstanding was 0.06. The lowest was 0.02. And the median was 0.03.

HKSE:02772's Days Sales Outstanding is ranked better than
99.64% of 1667 companies
in the Real Estate industry
Industry Median: 36.67 vs HKSE:02772: 0.05

Zhongliang Holdings Group Co's Days Sales Outstanding declined from Dec. 2022 (0.08) to Dec. 2023 (0.05).

Zhongliang Holdings Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhongliang Holdings Group Co'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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Zhongliang Holdings Group Co Days Sales Outstanding Chart

Zhongliang Holdings Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.02

0.06

0.04

Zhongliang Holdings Group Co 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									0.02	0.05	0.08	0.06	0.05

Competitive Comparison of Zhongliang Holdings Group Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Zhongliang Holdings Group Co'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.

Zhongliang Holdings Group Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongliang Holdings Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhongliang Holdings Group Co's Days Sales Outstanding falls into.

Zhongliang Holdings Group Co 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.

Zhongliang Holdings Group Co'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
=	( (8.656	+	8.594)	/	2 )	/	72862.168	*	365
=	8.625					/	72862.168	*	365
=	0.04

Zhongliang Holdings Group Co'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
=	( (12.972	+	8.594)	/	2 )	/	41305.775	*	365 / 2
=	10.783					/	41305.775	*	365 / 2
=	0.05

Zhongliang Holdings Group Co (HKSE:02772) Days Sales Outstanding Explanation

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

Zhongliang Holdings Group Co Days Sales Outstanding Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongliang Holdings Group Co Ltd (HKSE:02772) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN

Website

https://www.zldcgroup.com

Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Executives

Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag	2201 Interest of corporation controlled by you
Xu Xiaoqun	2202 Interest of your spouse
Changxing Pte. Ltd.	2301 Trustee
Liangzhong international co., ltd.	2101 Beneficial owner

Zhongliang Holdings Group Co (HKSE:02772) Headlines

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