Best Mart 360 Holdings (HKSE:02360) Days Sales Outstanding : 1.43 (As of Sep. 2023)

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What is Best Mart 360 Holdings Days Sales Outstanding?

Best Mart 360 Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$10 Mil. Best Mart 360 Holdings's Revenue for the six months ended in Sep. 2023 was HK$1,238 Mil. Hence, Best Mart 360 Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 1.43.

The historical rank and industry rank for Best Mart 360 Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:02360' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.47 Med: 0.8 Max: 1.37
Current: 1.22

During the past 7 years, Best Mart 360 Holdings's highest Days Sales Outstanding was 1.37. The lowest was 0.47. And the median was 0.80.

HKSE:02360's Days Sales Outstanding is ranked better than
94.12% of 306 companies
in the Retail - Defensive industry
Industry Median: 23.705 vs HKSE:02360: 1.22

Best Mart 360 Holdings's Days Sales Outstanding increased from Sep. 2022 (1.01) to Sep. 2023 (1.43).

Best Mart 360 Holdings Days Sales Outstanding Historical Data

The historical data trend for Best Mart 360 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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Best Mart 360 Holdings Days Sales Outstanding Chart

Best Mart 360 Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Sales Outstanding

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0.93

1.37

1.17

0.61

0.80

Best Mart 360 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									0.71	0.77	1.01	0.85	1.43

Competitive Comparison of Best Mart 360 Holdings's Days Sales Outstanding

For the Discount Stores subindustry, Best Mart 360 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.

Best Mart 360 Holdings's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Best Mart 360 Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Best Mart 360 Holdings's Days Sales Outstanding falls into.

Best Mart 360 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.

Best Mart 360 Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2022 is calculated as

	Days Sales Outstanding (A: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (2.927	+	5.749)	/	2 )	/	1983.526	*	365
=	4.338					/	1983.526	*	365
=	0.80

Best Mart 360 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
=	( (6.139	+	13.292)	/	2 )	/	1237.781	*	365 / 2
=	9.7155					/	1237.781	*	365 / 2
=	1.43

Best Mart 360 Holdings (HKSE:02360) Days Sales Outstanding Explanation

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

Best Mart 360 Holdings Days Sales Outstanding Related Terms

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Best Mart 360 Holdings (HKSE:02360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BMTHF:USA

Address

No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG

Website

https://www.bestmart360.com

Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.

Executives

China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited	2106 Person having a security interest in shares
United East Global Limited	2101 Beneficial owner
Universal Tycoon Limited	2101 Beneficial owner
Sino Sea Enterprises Limited	2101 Beneficial owner
Hui Ngai Fan	2201 Interest of corporation controlled by you
Lin Tsz Fung	2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited	2101 Beneficial owner
Giant Blessing Global Limited	2101 Beneficial owner
Lee Wai Bing	2202 Interest of your spouse

Best Mart 360 Holdings (HKSE:02360) Headlines

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