Speedy Global Holdings (HKSE:00540) Days Sales Outstanding : 35.02 (As of Dec. 2023)

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What is Speedy Global Holdings Days Sales Outstanding?

Speedy Global Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$54.2 Mil. Speedy Global Holdings's Revenue for the six months ended in Dec. 2023 was HK$282.6 Mil. Hence, Speedy Global Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 35.02.

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

HKSE:00540' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.75 Med: 50.16 Max: 74.07
Current: 46.18

During the past 13 years, Speedy Global Holdings's highest Days Sales Outstanding was 74.07. The lowest was 40.75. And the median was 50.16.

HKSE:00540's Days Sales Outstanding is ranked better than
59.07% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.12 vs HKSE:00540: 46.18

Speedy Global Holdings's Days Sales Outstanding increased from Dec. 2022 (31.01) to Dec. 2023 (35.02).

Speedy Global Holdings Days Sales Outstanding Historical Data

The historical data trend for Speedy Global 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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Speedy Global Holdings Days Sales Outstanding Chart

Speedy Global Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.26

74.07

49.62

55.12

46.76

Speedy Global Holdings 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															36.41	69.80	31.01	62.98	35.02

Competitive Comparison of Speedy Global Holdings's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Speedy Global 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.

Speedy Global Holdings's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Speedy Global Holdings's Days Sales Outstanding distribution charts can be found below:

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

Speedy Global 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.

Speedy Global Holdings'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
=	( (67.003	+	51.45)	/	2 )	/	462.331	*	365
=	59.2265					/	462.331	*	365
=	46.76

Speedy Global Holdings'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
=	( (57.019	+	51.45)	/	2 )	/	282.643	*	365 / 2
=	54.2345					/	282.643	*	365 / 2
=	35.02

Speedy Global Holdings (HKSE:00540) Days Sales Outstanding Explanation

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

Speedy Global Holdings Days Sales Outstanding Related Terms

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Speedy Global Holdings (HKSE:00540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Speedy Global Holdings Ltd (HKSE:00540) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27 Huailin Road, 5th Floor , Block Two, Huaide Village, Humen Town, Dongguan, CHN

Website

http://www.speedy-global.com

Speedy Global Holdings Ltd is engaged in the apparel supply chain servicing business which offers a wide range of woven wear, cut-and-sewn knitwear, and sweater knitwear products to a number of owners or agents of global reputable brands, the group had also been engaged in the apparel retail business operating in the People's Republic of China, and the property investment and development business. Its segments include the Apparel supply chain servicing business, Apparel retail business, and Property investment and Development business. The majority of revenue is derived from the Apparel supply chain servicing business. The group's revenue is mainly derived from customers located in China (including Hong Kong and the PRC).

Executives

Chan Hung Kwong Patrick

2101 Beneficial owner

Speedy Global Holdings (HKSE:00540) Headlines

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