Herald Holdings (HKSE:00114) Days Sales Outstanding : 59.55 (As of Sep. 2023)

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What is Herald Holdings Days Sales Outstanding?

Herald Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$132.7 Mil. Herald Holdings's Revenue for the six months ended in Sep. 2023 was HK$406.8 Mil. Hence, Herald Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 59.55.

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

HKSE:00114' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.22 Med: 41.04 Max: 72.7
Current: 72.7

During the past 13 years, Herald Holdings's highest Days Sales Outstanding was 72.70. The lowest was 35.22. And the median was 41.04.

HKSE:00114's Days Sales Outstanding is ranked worse than
82.84% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.25 vs HKSE:00114: 72.70

Herald Holdings's Days Sales Outstanding increased from Sep. 2022 (41.70) to Sep. 2023 (59.55).

Herald Holdings Days Sales Outstanding Historical Data

The historical data trend for Herald 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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Herald Holdings Days Sales Outstanding Chart

Herald Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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43.58

36.18

41.44

36.81

35.22

Herald Holdings 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															45.96	42.16	41.70	74.81	59.55

Competitive Comparison of Herald Holdings's Days Sales Outstanding

For the Leisure subindustry, Herald 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.

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

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

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

Herald 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.

Herald 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
=	( (120.317	+	123.433)	/	2 )	/	1262.978	*	365
=	121.875					/	1262.978	*	365
=	35.22

Herald 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
=	( (123.433	+	142.05)	/	2 )	/	406.783	*	365 / 2
=	132.7415					/	406.783	*	365 / 2
=	59.55

Herald Holdings (HKSE:00114) Days Sales Outstanding Explanation

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

Herald Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Herald Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Herald Holdings (HKSE:00114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Herald Holdings Ltd (HKSE:00114) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Lippo Centre, Room 3110, 31 Floor, Tower Two, Hong Kong, HKG

Website

http://www.heraldgroup.com.hk

Herald Holdings Ltd is an investment holding company. It operates in the segments of Toys, Computer Products, Timepieces, Investments, and Others. The group derives majority revenue from the Toys segment which involves the manufacturing of wide range of toys including action figures, electronic radio-controlled toy cars and boats, electronic games, and pre-school toys. The company along with its subsidiaries is also engaged in the manufacture, sale, and distribution of computer products, housewares, clocks, watches, and electronic and gift products. The company has the majority of its customers based in Hong Kong, North America, the United Kingdom, Europe, Asia, Mainland China, and Others. It generates the highest revenue from the North America region.

Herald Holdings (HKSE:00114) Headlines

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