Wecon Holdings (HKSE:01793) Days Sales Outstanding : 61.01 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Wecon Holdings Days Sales Outstanding?

Wecon Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$165.3 Mil. Wecon Holdings's Revenue for the six months ended in Sep. 2023 was HK$494.4 Mil. Hence, Wecon Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 61.01.

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

HKSE:01793' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.56 Med: 76.1 Max: 87
Current: 69.74

During the past 8 years, Wecon Holdings's highest Days Sales Outstanding was 87.00. The lowest was 42.56. And the median was 76.10.

HKSE:01793's Days Sales Outstanding is ranked better than
52.16% of 1647 companies
in the Construction industry
Industry Median: 72.19 vs HKSE:01793: 69.74

Wecon Holdings's Days Sales Outstanding declined from Sep. 2022 (91.52) to Sep. 2023 (61.01).

Wecon Holdings Days Sales Outstanding Historical Data

The historical data trend for Wecon 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.

* Premium members only.

Wecon Holdings Days Sales Outstanding Chart

Wecon Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

79.42

82.79

84.41

72.77

87.00

Wecon Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial									78.74	78.11	91.52	75.61	61.01

Competitive Comparison of Wecon Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Wecon 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.

Wecon Holdings's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wecon Holdings's Days Sales Outstanding distribution charts can be found below:

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

Wecon 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.

Wecon 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
=	( (260.47	+	153.786)	/	2 )	/	869.032	*	365
=	207.128					/	869.032	*	365
=	87.00

Wecon 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
=	( (153.786	+	176.757)	/	2 )	/	494.39	*	365 / 2
=	165.2715					/	494.39	*	365 / 2
=	61.01

Wecon Holdings (HKSE:01793) Days Sales Outstanding Explanation

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

Wecon Holdings Days Sales Outstanding Related Terms

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

Wecon Holdings (HKSE:01793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wecon Holdings Ltd (HKSE:01793) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

244-252 Des Voeux Road Central, 18th Floor, Tung Hip Commercial Building, Hong Kong, HKG

Website

https://www.wecon.com.hk

Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Building construction services and RMAA works services. The Building construction services provided by the group primarily consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.

Wecon Holdings (HKSE:01793) Headlines

No Headlines