BetterLife Holding (HKSE:06909) Days Sales Outstanding : 1.72 (As of Dec. 2023)

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What is BetterLife Holding Days Sales Outstanding?

BetterLife Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$55 Mil. BetterLife Holding's Revenue for the six months ended in Dec. 2023 was HK$5,868 Mil. Hence, BetterLife Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.72.

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

HKSE:06909' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.43 Med: 2.02 Max: 3.1
Current: 1.8

During the past 6 years, BetterLife Holding's highest Days Sales Outstanding was 3.10. The lowest was 1.43. And the median was 2.02.

HKSE:06909's Days Sales Outstanding is ranked better than
99.53% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.24 vs HKSE:06909: 1.80

BetterLife Holding's Days Sales Outstanding declined from Dec. 2022 (1.76) to Dec. 2023 (1.72).

BetterLife Holding Days Sales Outstanding Historical Data

The historical data trend for BetterLife Holding'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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BetterLife Holding Days Sales Outstanding Chart

BetterLife Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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3.08

2.13

1.43

1.83

1.90

BetterLife Holding Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					1.75	1.81	1.76	1.77	1.72

Competitive Comparison of BetterLife Holding's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, BetterLife Holding'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.

BetterLife Holding's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BetterLife Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where BetterLife Holding's Days Sales Outstanding falls into.

BetterLife Holding 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.

BetterLife Holding'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
=	( (62.654	+	59.659)	/	2 )	/	11734.563	*	365
=	61.1565					/	11734.563	*	365
=	1.90

BetterLife Holding'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
=	( (51.238	+	59.659)	/	2 )	/	5868.04	*	365 / 2
=	55.4485					/	5868.04	*	365 / 2
=	1.72

BetterLife Holding (HKSE:06909) Days Sales Outstanding Explanation

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

BetterLife Holding Days Sales Outstanding Related Terms

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BetterLife Holding (HKSE:06909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BetterLife Holding Ltd (HKSE:06909) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Donghuan North Road, Beijing Economic and Technological Development Area, Beijing, CHN

Website

https://www.blchina.com

BetterLife Holding Ltd is an automobile dealership service provider in China focusing on luxury and ultra-luxury brands. The company operates dealership stores for the brands Porsche, Mercedes-Benz, BMW, Audi, Bentley, Jaguar-Land Rover, and Volvo. It offers a comprehensive range of automobile-related products and services, including the sale of automobiles consisting of mainly imported and domestically manufactured petroleum models, after-sales services which consist of repair and maintenance services, the sale of accessories and other automobile-related products, insurance agency services and automobile license plate registration services, and it also provides other automobile-related value-added services like automobile financing and pre-owned automobile brokerage services.

Executives

Red Dynasty Investments Limited	2101 Beneficial owner
Butterfield Trust (asia) Limited	2301 Trustee
Chou Patrick Hsiao-po	2101 Beneficial owner
Chou Patrick Hsiao-po	2101 Beneficial owner
Chou Dynasty Holding Co., Ltd	2101 Beneficial owner
Credit Suisse Trust Limited	2101 Beneficial owner
Xingtai Capital Management Limited	2102 Investment manager

BetterLife Holding (HKSE:06909) Headlines

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