Xinyi Electric Storage Holdings (HKSE:08328) Days Sales Outstanding : 71.11 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Xinyi Electric Storage Holdings Days Sales Outstanding?

Xinyi Electric Storage Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$335 Mil. Xinyi Electric Storage Holdings's Revenue for the three months ended in Dec. 2023 was HK$429 Mil. Hence, Xinyi Electric Storage Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.11.

The historical rank and industry rank for Xinyi Electric Storage Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:08328' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.64 Med: 91.65 Max: 158.82
Current: 95.63

During the past 10 years, Xinyi Electric Storage Holdings's highest Days Sales Outstanding was 158.82. The lowest was 19.64. And the median was 91.65.

HKSE:08328's Days Sales Outstanding is ranked worse than
62.36% of 2946 companies
in the Industrial Products industry
Industry Median: 79.93 vs HKSE:08328: 95.63

Xinyi Electric Storage Holdings's Days Sales Outstanding declined from Dec. 2022 (91.89) to Dec. 2023 (71.11).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Xinyi Electric Storage Holdings Days Sales Outstanding Historical Data

The historical data trend for Xinyi Electric Storage 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.

* Premium members only.

Xinyi Electric Storage Holdings Days Sales Outstanding Chart

Xinyi Electric Storage Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

93.08

91.65

51.92

76.53

92.61

Xinyi Electric Storage Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															91.89	121.88	129.56	86.03	71.11

Competitive Comparison of Xinyi Electric Storage Holdings's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Xinyi Electric Storage 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.

Xinyi Electric Storage Holdings's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinyi Electric Storage Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinyi Electric Storage Holdings's Days Sales Outstanding falls into.

Xinyi Electric Storage 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.

Xinyi Electric Storage 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
=	( (371.78	+	334.567)	/	2 )	/	1391.96	*	365
=	353.1735					/	1391.96	*	365
=	92.61

Xinyi Electric Storage 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	334.567)	/	1 )	/	429.308	*	365 / 4
=	334.567					/	429.308	*	365 / 4
=	71.11

Xinyi Electric Storage Holdings (HKSE:08328) Days Sales Outstanding Explanation

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

Xinyi Electric Storage Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Xinyi Electric Storage Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinyi Electric Storage Holdings (HKSE:08328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xinyi Electric Storage Holdings Ltd (HKSE:08328) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

135 Hoi Bun Road, Unit 2116-2117, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.xinyies.com

Xinyi Electric Storage Holdings Ltd is an investment holding company. The company's operating segment includes Electric storage business; EPC Services; Automobile glass repair and replacement services and others. It generates maximum revenue from the EPC Services segment. The EPC Services segment is engaged in the provision of EPC Services for photovoltaic power stations in the PRC and Canada. Geographically, the company generates revenue from Canada, Hong Kong, Others and The PRC, being the majority revenue generator.

Executives

Sze Tan Hung	2202 Interest of your spouse
Tung Ching Sai	2201 Interest of corporation controlled by you
Lee Yin Yee	2201 Interest of corporation controlled by you
Tung Ching Bor	2201 Interest of corporation controlled by you
Lee Sing Din	2201 Interest of corporation controlled by you
Li Ching Leung	2201 Interest of corporation controlled by you
Li Ching Wai	2201 Interest of corporation controlled by you
Ng Ngan Ho	2201 Interest of corporation controlled by you
Sze Nang Sze	2201 Interest of corporation controlled by you
Tung Hai Chi	2202 Interest of your spouse

Xinyi Electric Storage Holdings (HKSE:08328) Headlines

No Headlines