Mexan (HKSE:00022) Days Sales Outstanding : 73.55 (As of Sep. 2023)

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What is Mexan Days Sales Outstanding?

Mexan's average Accounts Receivable for the six months ended in Sep. 2023 was HK$34.1 Mil. Mexan's Revenue for the six months ended in Sep. 2023 was HK$84.5 Mil. Hence, Mexan's Days Sales Outstanding for the six months ended in Sep. 2023 was 73.55.

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

HKSE:00022' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.28 Med: 20.51 Max: 56.33
Current: 55.17

During the past 13 years, Mexan's highest Days Sales Outstanding was 56.33. The lowest was 3.28. And the median was 20.51.

HKSE:00022's Days Sales Outstanding is ranked worse than
72.73% of 803 companies
in the Travel & Leisure industry
Industry Median: 29.33 vs HKSE:00022: 55.17

Mexan's Days Sales Outstanding increased from Sep. 2022 (24.53) to Sep. 2023 (73.55).

Mexan Days Sales Outstanding Historical Data

The historical data trend for Mexan'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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Mexan Days Sales Outstanding Chart

Mexan Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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21.34

19.68

12.59

3.28

56.33

Mexan Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															3.41	3.16	24.53	50.75	73.55

Competitive Comparison of Mexan's Days Sales Outstanding

For the Lodging subindustry, Mexan'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.

Mexan's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mexan's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mexan's Days Sales Outstanding falls into.

Mexan 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.

Mexan'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
=	( (0.162	+	38.84)	/	2 )	/	126.362	*	365
=	19.501					/	126.362	*	365
=	56.33

Mexan'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
=	( (38.84	+	29.269)	/	2 )	/	84.498	*	365 / 2
=	34.0545					/	84.498	*	365 / 2
=	73.55

Mexan (HKSE:00022) Days Sales Outstanding Explanation

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

Mexan Days Sales Outstanding Related Terms

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Mexan (HKSE:00022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mexan Ltd (HKSE:00022) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Tsing Yi Road, 7th Floor, Winland 800 Hotel, Hotel 2, Rambler Crest, Tsing Yi, New Territories, Hong Kong, HKG

Website

http://www.mexanhk.com

Mexan Ltd is a Hong-Kong based company. It is involved in the lodging business sector. The principal activities of the group include property investment, hotel operation, and investment holding. The company has two reportable segments such as Hotel operation includes letting of hotel rooms to non-contracted sales agents and walk-in customers, food and beverage income, miscellaneous sales, and laundry services income net of discounts and Trading of building materials and fit-out construction service includes supply of furniture and building materials and provisions of the design and fit-out construction service. The firm generates its revenue from hotel operations. Geographically the company operates in Hong Kong.

Executives

Lun Yiu Kay Edwin
Winland Stock (bvi) Limited	2201 Interest of corporation controlled by you
Winland Wealth (bvi) Limited	2101 Beneficial owner

Mexan (HKSE:00022) Headlines

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