Radiance Holdings (Group) Co (HKSE:09993) Days Sales Outstanding : 0.43 (As of Dec. 2023)

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What is Radiance Holdings (Group) Co Days Sales Outstanding?

Radiance Holdings (Group) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$41 Mil. Radiance Holdings (Group) Co's Revenue for the six months ended in Dec. 2023 was HK$17,391 Mil. Hence, Radiance Holdings (Group) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.43.

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

HKSE:09993' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.25 Med: 0.56 Max: 3.21
Current: 0.45

During the past 7 years, Radiance Holdings (Group) Co's highest Days Sales Outstanding was 3.21. The lowest was 0.25. And the median was 0.56.

HKSE:09993's Days Sales Outstanding is ranked better than
97.48% of 1669 companies
in the Real Estate industry
Industry Median: 36.92 vs HKSE:09993: 0.45

Radiance Holdings (Group) Co's Days Sales Outstanding declined from Dec. 2022 (0.55) to Dec. 2023 (0.43).

Radiance Holdings (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Radiance Holdings (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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Radiance Holdings (Group) Co Days Sales Outstanding Chart

Radiance Holdings (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.22

0.25

0.35

0.56

0.49

Radiance Holdings (Group) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						0.36	0.53	0.55	0.43	0.43

Competitive Comparison of Radiance Holdings (Group) Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Radiance Holdings (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.

Radiance Holdings (Group) Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radiance Holdings (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Radiance Holdings (Group) Co's Days Sales Outstanding falls into.

Radiance Holdings (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.

Radiance Holdings (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
=	( (56.405	+	43.158)	/	2 )	/	37460.489	*	365
=	49.7815					/	37460.489	*	365
=	0.49

Radiance Holdings (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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (38.767	+	43.158)	/	2 )	/	17391.114	*	365 / 2
=	40.9625					/	17391.114	*	365 / 2
=	0.43

Radiance Holdings (Group) Co (HKSE:09993) Days Sales Outstanding Explanation

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

Radiance Holdings (Group) Co Days Sales Outstanding Related Terms

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Radiance Holdings (Group) Co (HKSE:09993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radiance Holdings (Group) Co Ltd (HKSE:09993) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Qiyang Road, 42nd Floor, Radiance Plaza, Wangjing, Chaoyang District, Beijing, CHN, 100029

Website

http://www.radiance.com.cn

Radiance Holdings (Group) Co Ltd is an investment holding company engaged in the development and sale of properties, property leasing, and the provision of management consulting services. The company derives a majority of its revenue from Mainland China.

Executives

Glowing Shine Limited	2101 Beneficial owner
Radiance Group Holdings Limited	2201 Interest of corporation controlled by you
Lam Fung Ying	2201 Interest of corporation controlled by you
Lam Ting Keung	2201 Interest of corporation controlled by you

Radiance Holdings (Group) Co (HKSE:09993) Headlines

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