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China Industrial Securities International Financial Group (HKSE:06058) Days Sales Outstanding : 711.13 (As of Dec. 2023)


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What is China Industrial Securities International Financial Group Days Sales Outstanding?

China Industrial Securities International Financial Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,137.9 Mil. China Industrial Securities International Financial Group's Revenue for the six months ended in Dec. 2023 was HK$292.0 Mil. Hence, China Industrial Securities International Financial Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 711.13.

The historical rank and industry rank for China Industrial Securities International Financial Group's Days Sales Outstanding or its related term are showing as below:

HKSE:06058' s Days Sales Outstanding Range Over the Past 10 Years
Min: 731.65   Med: 1850.5   Max: 2855.86
Current: 771

During the past 10 years, China Industrial Securities International Financial Group's highest Days Sales Outstanding was 2855.86. The lowest was 731.65. And the median was 1850.50.

HKSE:06058's Days Sales Outstanding is ranked worse than
94.37% of 71 companies
in the Diversified Financial Services industry
Industry Median: 55.77 vs HKSE:06058: 771.00

China Industrial Securities International Financial Group's Days Sales Outstanding declined from Dec. 2022 (1,782.38) to Dec. 2023 (711.13).


China Industrial Securities International Financial Group Days Sales Outstanding Historical Data

The historical data trend for China Industrial Securities International Financial 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.

* Premium members only.

China Industrial Securities International Financial Group Days Sales Outstanding Chart

China Industrial Securities International Financial Group 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 1,801.09 2,855.86 1,433.88 1,899.91 731.65

China Industrial Securities International Financial Group Semi-Annual Data
Dec14 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 3,407.86 3,495.72 1,782.38 883.08 711.13

Competitive Comparison of China Industrial Securities International Financial Group's Days Sales Outstanding

For the Financial Conglomerates subindustry, China Industrial Securities International Financial 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.


China Industrial Securities International Financial Group's Days Sales Outstanding Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Industrial Securities International Financial Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Industrial Securities International Financial Group's Days Sales Outstanding falls into.



China Industrial Securities International Financial 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.

China Industrial Securities International Financial 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
=( (1167.457 + 1010.887) / 2 ) / 543.355*365
=1089.172 / 543.355*365
=731.65

China Industrial Securities International Financial Group'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
=( (1264.879 + 1010.887) / 2 ) / 292.019*365 / 2
=1137.883 / 292.019*365 / 2
=711.13

* 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.


China Industrial Securities International Financial Group  (HKSE:06058) Days Sales Outstanding Explanation

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


China Industrial Securities International Financial Group Days Sales Outstanding Related Terms

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China Industrial Securities International Financial Group (HKSE:06058) Business Description

Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Central, 32 & 25 Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
China Industrial Securities International Financial Group Ltd offers integrated financial services. It operates in the business segments of Brokerage, Margin financing, Corporate finance, Asset management, Financial products & investments, and Others. The company generates the majority of its revenue from the Brokerage segment. Its revenue is primarily generated from activities based in Hong Kong.
Executives
Industrial Securities (hong Kong) Financial Holdings Limited 2101 Beneficial owner
Xing Ye Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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