King Fook Holdings (HKSE:00280) Days Sales Outstanding : 2.29 (As of Sep. 2023)

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What is King Fook Holdings Days Sales Outstanding?

King Fook Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$4.6 Mil. King Fook Holdings's Revenue for the six months ended in Sep. 2023 was HK$363.9 Mil. Hence, King Fook Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 2.29.

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

HKSE:00280' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.84 Med: 2.81 Max: 21.75
Current: 2.05

During the past 13 years, King Fook Holdings's highest Days Sales Outstanding was 21.75. The lowest was 0.84. And the median was 2.81.

HKSE:00280's Days Sales Outstanding is ranked better than
92.69% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs HKSE:00280: 2.05

King Fook Holdings's Days Sales Outstanding increased from Sep. 2022 (1.81) to Sep. 2023 (2.29).

King Fook Holdings Days Sales Outstanding Historical Data

The historical data trend for King Fook 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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King Fook Holdings Days Sales Outstanding Chart

King Fook Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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4.22

2.78

1.00

1.13

0.84

King Fook 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															1.35	1.49	1.81	1.18	2.29

Competitive Comparison of King Fook Holdings's Days Sales Outstanding

For the Luxury Goods subindustry, King Fook 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.

King Fook Holdings's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, King Fook Holdings's Days Sales Outstanding distribution charts can be found below:

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

King Fook 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.

King Fook 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
=	( (3.042	+	1.07)	/	2 )	/	894.702	*	365
=	2.056					/	894.702	*	365
=	0.84

King Fook 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
=	( (1.07	+	8.067)	/	2 )	/	363.913	*	365 / 2
=	4.5685					/	363.913	*	365 / 2
=	2.29

King Fook Holdings (HKSE:00280) Days Sales Outstanding Explanation

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

King Fook Holdings Days Sales Outstanding Related Terms

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King Fook Holdings (HKSE:00280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » King Fook Holdings Ltd (HKSE:00280) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG

Website

https://www.kingfook.com

King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.

Executives

Yeung Chi Shing Estates Limited

2101 Beneficial owner

King Fook Holdings (HKSE:00280) Headlines

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