Confidence Intelligence Holdings (HKSE:01967) Days Sales Outstanding : 62.33 (As of Dec. 2023)

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

What is Confidence Intelligence Holdings Days Sales Outstanding?

Confidence Intelligence Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$47.2 Mil. Confidence Intelligence Holdings's Revenue for the six months ended in Dec. 2023 was HK$138.0 Mil. Hence, Confidence Intelligence Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.33.

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

HKSE:01967' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.7 Med: 34.34 Max: 60.91
Current: 53.9

During the past 8 years, Confidence Intelligence Holdings's highest Days Sales Outstanding was 60.91. The lowest was 29.70. And the median was 34.34.

HKSE:01967's Days Sales Outstanding is ranked better than
74.03% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs HKSE:01967: 53.90

Confidence Intelligence Holdings's Days Sales Outstanding increased from Dec. 2022 (50.77) to Dec. 2023 (62.33).

Confidence Intelligence Holdings Days Sales Outstanding Historical Data

The historical data trend for Confidence Intelligence 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.

Confidence Intelligence Holdings Days Sales Outstanding Chart

Confidence Intelligence Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

34.11

29.70

34.20

60.91

45.70

Confidence Intelligence 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								50.32	68.80	50.77	54.03	62.33

Competitive Comparison of Confidence Intelligence Holdings's Days Sales Outstanding

For the Electronic Components subindustry, Confidence Intelligence 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.

Confidence Intelligence Holdings's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Confidence Intelligence 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.

Confidence Intelligence 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
=	( (33.835	+	38.597)	/	2 )	/	289.257	*	365
=	36.216					/	289.257	*	365
=	45.70

Confidence Intelligence 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
=	( (55.705	+	38.597)	/	2 )	/	138.046	*	365 / 2
=	47.151					/	138.046	*	365 / 2
=	62.33

Confidence Intelligence Holdings (HKSE:01967) Days Sales Outstanding Explanation

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

Confidence Intelligence Holdings Days Sales Outstanding Related Terms

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

Confidence Intelligence Holdings (HKSE:01967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Confidence Intelligence Holdings Ltd (HKSE:01967) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuyong Street, No. 7 Building, New Development Zone, Baoan District, Baishixia, Shenzhen, CHN

Website

http://www.szxinken.com/cn/

Confidence Intelligence Holdings Ltd is an electronic manufacturing services provider. It offers comprehensive assembling and production services of printed circuit board assembly in the PRC that integrate research and design, selection and procurement of raw materials, assembling of PCBAs, quality control, testing, logistics and aftersales services. The operating segments of the company comprises of Provision of EMS and Provision of Financial Application Platform and Platform Maintenance Services.

Executives

Yuan Shuntang	2201 Interest of corporation controlled by you
Central Wealth Limited	2101 Beneficial owner
Zhang Juan	2202 Interest of your spouse
Regan International Growth Fund Spc	2101 Beneficial owner
Regan Fund Management Company Limited	2102 Investment manager
Li Hao	2201 Interest of corporation controlled by you
Skyflying Company Limited	2101 Beneficial owner
Chen Juan	2202 Interest of your spouse
Realtime Limited	2101 Beneficial owner
Zhang Bizhong	2201 Interest of corporation controlled by you

Confidence Intelligence Holdings (HKSE:01967) Headlines

No Headlines