Heng Hup Holdings (HKSE:01891) Days Sales Outstanding : 37.85 (As of Dec. 2023)

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What is Heng Hup Holdings Days Sales Outstanding?

Heng Hup Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$268 Mil. Heng Hup Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,295 Mil. Hence, Heng Hup Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 37.85.

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

HKSE:01891' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.5 Med: 39.14 Max: 79.32
Current: 39.3

During the past 9 years, Heng Hup Holdings's highest Days Sales Outstanding was 79.32. The lowest was 32.50. And the median was 39.14.

HKSE:01891's Days Sales Outstanding is ranked better than
90.34% of 2960 companies
in the Industrial Products industry
Industry Median: 79.93 vs HKSE:01891: 39.30

Heng Hup Holdings's Days Sales Outstanding declined from Dec. 2022 (40.85) to Dec. 2023 (37.85).

Heng Hup Holdings Days Sales Outstanding Historical Data

The historical data trend for Heng Hup 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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Heng Hup Holdings Days Sales Outstanding Chart

Heng Hup Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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34.50

43.55

32.68

32.50

40.97

Heng Hup Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										35.73	28.01	40.85	39.45	37.85

Competitive Comparison of Heng Hup Holdings's Days Sales Outstanding

For the Metal Fabrication subindustry, Heng Hup 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.

Heng Hup Holdings's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heng Hup Holdings's Days Sales Outstanding distribution charts can be found below:

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

Heng Hup 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.

Heng Hup 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
=	( (195.234	+	311.8)	/	2 )	/	2258.409	*	365
=	253.517					/	2258.409	*	365
=	40.97

Heng Hup 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
=	( (225.191	+	311.8)	/	2 )	/	1294.661	*	365 / 2
=	268.4955					/	1294.661	*	365 / 2
=	37.85

Heng Hup Holdings (HKSE:01891) Days Sales Outstanding Explanation

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

Heng Hup Holdings Days Sales Outstanding Related Terms

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Heng Hup Holdings (HKSE:01891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heng Hup Holdings Ltd (HKSE:01891) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 264, Jalan Satu A, Kampung Baru Subang, Shah Alam, MYS, 40150

Website

https://www.henghup.com

Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading of scrap ferrous metals, used batteries, waste paper, and other scraps. Its only operating segment being trading of recycling materials. Geographically, it derives revenue from Malaysia.

Executives

Juan Sook Fong	2202 Interest of your spouse
Koo Lee Ching	2202 Interest of your spouse
Loh Hui Mei	2202 Interest of your spouse
Peong Ai Teen	2202 Interest of your spouse
Sia Keng Leong	2201 Interest of corporation controlled by you
Sia Kok Chin	2201 Interest of corporation controlled by you
Sia Kok Chong	2201 Interest of corporation controlled by you
Sia Kok Heong	2201 Interest of corporation controlled by you
Sia Kok Seng	2201 Interest of corporation controlled by you
Yang Mei Feng	2202 Interest of your spouse
5s Holdings (bvi) Limited	2101 Beneficial owner
Poon Ka Ho Stanley

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