XinXiang Era Group Co (HKSE:08519) Days Sales Outstanding : 3.96 (As of Dec. 2023)

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What is XinXiang Era Group Co Days Sales Outstanding?

XinXiang Era Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$3.1 Mil. XinXiang Era Group Co's Revenue for the three months ended in Dec. 2023 was HK$72.5 Mil. Hence, XinXiang Era Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.96.

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

HKSE:08519' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.08 Med: 15.48 Max: 24.93
Current: 3.08

During the past 10 years, XinXiang Era Group Co's highest Days Sales Outstanding was 24.93. The lowest was 3.08. And the median was 15.48.

HKSE:08519's Days Sales Outstanding is ranked better than
87.06% of 340 companies
in the Restaurants industry
Industry Median: 11.695 vs HKSE:08519: 3.08

XinXiang Era Group Co's Days Sales Outstanding increased from Dec. 2022 (2.58) to Dec. 2023 (3.96).

XinXiang Era Group Co Days Sales Outstanding Historical Data

The historical data trend for XinXiang Era 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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XinXiang Era Group Co Days Sales Outstanding Chart

XinXiang Era Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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24.93

20.25

3.88

3.15

3.22

XinXiang Era Group Co 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															2.58	2.20	2.82	3.09	3.96

Competitive Comparison of XinXiang Era Group Co's Days Sales Outstanding

For the Restaurants subindustry, XinXiang Era 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.

XinXiang Era Group Co's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, XinXiang Era Group Co's Days Sales Outstanding distribution charts can be found below:

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

XinXiang Era 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.

XinXiang Era 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
=	( (1.772	+	3.147)	/	2 )	/	278.542	*	365
=	2.4595					/	278.542	*	365
=	3.22

XinXiang Era 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	3.147)	/	1 )	/	72.52	*	365 / 4
=	3.147					/	72.52	*	365 / 4
=	3.96

XinXiang Era Group Co (HKSE:08519) Days Sales Outstanding Explanation

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

XinXiang Era Group Co Days Sales Outstanding Related Terms

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XinXiang Era Group Co (HKSE:08519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » XinXiang Era Group Co Ltd (HKSE:08519) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Arbuthnot Road, Office No.5 on 22nd Floor, Universal Trade Centre, Central, Hong Kong, HKG

Website

https://www.jiagroup.co

Jia Group Holdings Ltd is engaged in the operation and management of restaurants. It offers a range of cuisines including, Chinese, Spanish, Thai, British, Italian and Southern Californian dishes under different brands and themes. Geographically the firm generates all of its revenue from Hong Kong.

Executives

Central Power Group Limited	2101 Beneficial owner
Peng Ben	2201 Interest of corporation controlled by you
Zhao Hong	2201 Interest of corporation controlled by you
Giant Mind International Limited	2101 Beneficial owner
Lo Yeung Kit, Alan	2101 Beneficial owner
Wong Pui Yain	2101 Beneficial owner
Ko Kin Hang	2101 Beneficial owner

XinXiang Era Group Co (HKSE:08519) Headlines

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