Raymond Industrial (HKSE:00229) Days Sales Outstanding : 56.01 (As of Dec. 2023)

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What is Raymond Industrial Days Sales Outstanding?

Raymond Industrial's average Accounts Receivable for the six months ended in Dec. 2023 was HK$219 Mil. Raymond Industrial's Revenue for the six months ended in Dec. 2023 was HK$714 Mil. Hence, Raymond Industrial's Days Sales Outstanding for the six months ended in Dec. 2023 was 56.01.

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

HKSE:00229' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.24 Med: 73.62 Max: 81.95
Current: 53.35

During the past 13 years, Raymond Industrial's highest Days Sales Outstanding was 81.95. The lowest was 51.24. And the median was 73.62.

HKSE:00229's Days Sales Outstanding is ranked worse than
50.83% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.04 vs HKSE:00229: 53.35

Raymond Industrial's Days Sales Outstanding declined from Dec. 2022 (68.12) to Dec. 2023 (56.01).

Raymond Industrial Days Sales Outstanding Historical Data

The historical data trend for Raymond Industrial'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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Raymond Industrial Days Sales Outstanding Chart

Raymond Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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81.95

78.16

75.89

79.08

51.24

Raymond Industrial Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															66.57	82.04	68.12	52.64	56.01

Competitive Comparison of Raymond Industrial's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.

Raymond Industrial's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Days Sales Outstanding distribution charts can be found below:

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

Raymond Industrial 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.

Raymond Industrial'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
=	( (159.402	+	223.215)	/	2 )	/	1362.732	*	365
=	191.3085					/	1362.732	*	365
=	51.24

Raymond Industrial'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
=	( (214.928	+	223.215)	/	2 )	/	713.816	*	365 / 2
=	219.0715					/	713.816	*	365 / 2
=	56.01

Raymond Industrial (HKSE:00229) Days Sales Outstanding Explanation

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

Raymond Industrial Days Sales Outstanding Related Terms

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Raymond Industrial (HKSE:00229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Raymond Industrial Ltd (HKSE:00229) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG

Website

https://www.raymondfinance.com/html/about.html

Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.

Executives

Wong Ying Man John	2101 Beneficial owner
Webb David Michael	2101 Beneficial owner
Diamond-harvest Limited	2101 Beneficial owner
Wong Kin Lae Wilson	2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si	2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si	2101 Beneficial owner
Sun Kwing Hai Amelia	2202 Interest of your spouse

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