Chi Kan Holdings (HKSE:09913) Days Sales Outstanding : 22.73 (As of Sep. 2023)

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What is Chi Kan Holdings Days Sales Outstanding?

Chi Kan Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$93 Mil. Chi Kan Holdings's Revenue for the six months ended in Sep. 2023 was HK$749 Mil. Hence, Chi Kan Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 22.73.

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

HKSE:09913' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.59 Med: 28.76 Max: 55.75
Current: 19.98

During the past 6 years, Chi Kan Holdings's highest Days Sales Outstanding was 55.75. The lowest was 14.59. And the median was 28.76.

HKSE:09913's Days Sales Outstanding is ranked better than
94.53% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs HKSE:09913: 19.98

Chi Kan Holdings's Days Sales Outstanding increased from Sep. 2022 (20.28) to Sep. 2023 (22.73).

Chi Kan Holdings Days Sales Outstanding Historical Data

The historical data trend for Chi Kan 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.

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Chi Kan Holdings Days Sales Outstanding Chart

Chi Kan Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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55.75

29.67

14.59

15.60

30.52

Chi Kan Holdings Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial						10.42	16.22	20.28	26.93	22.73

Competitive Comparison of Chi Kan Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Chi Kan 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.

Chi Kan Holdings's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chi Kan Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chi Kan Holdings's Days Sales Outstanding falls into.

Chi Kan 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.

Chi Kan Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (96.952	+	174.562)	/	2 )	/	1623.573	*	365
=	135.757					/	1623.573	*	365
=	30.52

Chi Kan Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (174.562	+	12.04)	/	2 )	/	749.157	*	365 / 2
=	93.301					/	749.157	*	365 / 2
=	22.73

Chi Kan Holdings (HKSE:09913) Days Sales Outstanding Explanation

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

Chi Kan Holdings Days Sales Outstanding Related Terms

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Chi Kan Holdings (HKSE:09913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Kan Holdings Ltd (HKSE:09913) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG

Website

http://www.chikanck.com

Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The Company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminium and steel. It also provides other construction services, including plastering, installing curtain walls and other miscellaneous works on an ancillary basis. It derives all its revenue from Hong Kong.

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