Edensoft Holdings (HKSE:01147) Days Sales Outstanding : 96.76 (As of Dec. 2023)

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What is Edensoft Holdings Days Sales Outstanding?

Edensoft Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$197.8 Mil. Edensoft Holdings's Revenue for the six months ended in Dec. 2023 was HK$373.1 Mil. Hence, Edensoft Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 96.76.

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

HKSE:01147' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.86 Med: 56.22 Max: 73.21
Current: 73.21

During the past 8 years, Edensoft Holdings's highest Days Sales Outstanding was 73.21. The lowest was 36.86. And the median was 56.22.

HKSE:01147's Days Sales Outstanding is ranked worse than
60.7% of 2728 companies
in the Software industry
Industry Median: 61.85 vs HKSE:01147: 73.21

Edensoft Holdings's Days Sales Outstanding increased from Dec. 2022 (88.39) to Dec. 2023 (96.76).

Edensoft Holdings Days Sales Outstanding Historical Data

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

Edensoft Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

45.16

56.87

56.44

72.32

71.46

Edensoft Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								79.03	71.48	88.39	57.77	96.76

Competitive Comparison of Edensoft Holdings's Days Sales Outstanding

For the Information Technology Services subindustry, Edensoft 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.

Edensoft Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Edensoft Holdings's Days Sales Outstanding distribution charts can be found below:

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

Edensoft 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.

Edensoft 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
=	( (140.966	+	208.203)	/	2 )	/	891.785	*	365
=	174.5845					/	891.785	*	365
=	71.46

Edensoft 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
=	( (187.426	+	208.203)	/	2 )	/	373.114	*	365 / 2
=	197.8145					/	373.114	*	365 / 2
=	96.76

Edensoft Holdings (HKSE:01147) Days Sales Outstanding Explanation

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

Edensoft Holdings Days Sales Outstanding Related Terms

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Edensoft Holdings (HKSE:01147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edensoft Holdings Ltd (HKSE:01147) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Hua Fu Street, 1006 Shennan Road, West, 2nd Floor, Building A, Futian Technology Square, Shenzhen International Innovation Center, Futian District, Shenzhen, CHN

Website

https://www.edensoft.com.cn

Edensoft Holdings Ltd is engaged in provision of IT infrastructure services, IT implementation and supporting services and cloud services in the PRC. Its segment includes IT infrastructure services; IT implementation and supporting services; and Cloud services. It derives key revenue from the IT infrastructure services segment that assess customers' needs and their existing IT environment and providing IT infrastructure services by advising them on the suitable hardware and software products that their IT environment would require, and procuring the relevant hardware and software products from IT products vendors and installing these IT products in customers' IT environment. It operates in Mainland China and Hong Kong, of which prime revenue is derived from Mainland China.

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