Ying Hai Group Holdings Co (HKSE:08668) Days Sales Outstanding : 70.90 (As of Dec. 2023)

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What is Ying Hai Group Holdings Co Days Sales Outstanding?

Ying Hai Group Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$24.48 Mil. Ying Hai Group Holdings Co's Revenue for the three months ended in Dec. 2023 was HK$31.51 Mil. Hence, Ying Hai Group Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.90.

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

HKSE:08668' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.44 Med: 60.45 Max: 241.87
Current: 46

During the past 7 years, Ying Hai Group Holdings Co's highest Days Sales Outstanding was 241.87. The lowest was 43.44. And the median was 60.45.

HKSE:08668's Days Sales Outstanding is ranked worse than
64.05% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.64 vs HKSE:08668: 46.00

Ying Hai Group Holdings Co's Days Sales Outstanding declined from Dec. 2022 (161.30) to Dec. 2023 (70.90).

Ying Hai Group Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Ying Hai Group Holdings 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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Ying Hai Group Holdings Co Days Sales Outstanding Chart

Ying Hai Group Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.44

241.87

90.82

77.91

50.61

Ying Hai Group Holdings 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															161.30	10.57	41.78	32.25	70.90

Competitive Comparison of Ying Hai Group Holdings Co's Days Sales Outstanding

For the Travel Services subindustry, Ying Hai Group Holdings 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.

Ying Hai Group Holdings Co's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ying Hai Group Holdings Co's Days Sales Outstanding distribution charts can be found below:

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

Ying Hai Group Holdings 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.

Ying Hai Group Holdings 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
=	( (1.78	+	24.483)	/	2 )	/	94.709	*	365
=	13.1315					/	94.709	*	365
=	50.61

Ying Hai Group Holdings 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	+	24.483)	/	1 )	/	31.511	*	365 / 4
=	24.483					/	31.511	*	365 / 4
=	70.90

Ying Hai Group Holdings Co (HKSE:08668) Days Sales Outstanding Explanation

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

Ying Hai Group Holdings Co Days Sales Outstanding Related Terms

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Ying Hai Group Holdings Co (HKSE:08668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ying Hai Group Holdings Co Ltd (HKSE:08668) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Mody Road, Room 506, 5th Floor, Peninsula Centre, Tsim Sha Tsui, Hong Kong, HKG

Website

http://www.yinghaiholding.com

Ying Hai Group Holdings Co Ltd is engaged in the sales and distribution of air tickets and hotel rooms, the sales and provision of ancillary travel-related products and services, the provision of car rental services in Macau, cross-border car rental services between Macau and Hong Kong and investment in concert. The firm's operating segments include the Travel business, Vehicle business, and Concert business. It generates a majority of its revenue from the Travel business segment. Geographically, the company generates a majority of its revenue from Macau.

Ying Hai Group Holdings Co (HKSE:08668) Headlines

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