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Hao Wen Holdings (HKSE:08019) Days Sales Outstanding : 84.65 (As of Dec. 2023)


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What is Hao Wen Holdings Days Sales Outstanding?

Hao Wen Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$10.70 Mil. Hao Wen Holdings's Revenue for the three months ended in Dec. 2023 was HK$11.53 Mil. Hence, Hao Wen Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 84.65.

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

HKSE:08019' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.85   Med: 62.57   Max: 789.95
Current: 54.18

During the past 13 years, Hao Wen Holdings's highest Days Sales Outstanding was 789.95. The lowest was 28.85. And the median was 62.57.

HKSE:08019's Days Sales Outstanding is ranked worse than
52.83% of 265 companies
in the Credit Services industry
Industry Median: 43.69 vs HKSE:08019: 54.18

Hao Wen Holdings's Days Sales Outstanding increased from Dec. 2022 (30.99) to Dec. 2023 (84.65).


Hao Wen Holdings Days Sales Outstanding Historical Data

The historical data trend for Hao Wen 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.

Hao Wen Holdings Days Sales Outstanding Chart

Hao Wen Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.18 108.88 38.82 28.85 61.19

Hao Wen Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.99 35.54 44.92 44.13 84.65

Competitive Comparison of Hao Wen Holdings's Days Sales Outstanding

For the Credit Services subindustry, Hao Wen 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.


Hao Wen Holdings's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hao Wen Holdings's Days Sales Outstanding distribution charts can be found below:

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



Hao Wen 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.

Hao Wen 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
=( (6.077 + 10.696) / 2 ) / 50.029*365
=8.3865 / 50.029*365
=61.19

Hao Wen 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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0 + 10.696) / 1 ) / 11.53*365 / 4
=10.696 / 11.53*365 / 4
=84.65

* 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.


Hao Wen Holdings  (HKSE:08019) Days Sales Outstanding Explanation

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


Hao Wen Holdings Days Sales Outstanding Related Terms

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Hao Wen Holdings (HKSE:08019) Business Description

Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Central, Level 12, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Hao Wen Holdings Ltd is an investment holding company. The Company's operating and reportable segments are as follows, i) the Money Lending segment engages in interest income earned from the money lending business; ii) the Electronic Parts segment engages in trading of electronic parts business; iii) the Burial Business segment engages in sales of burial plots and related services business and cemetery maintenance service; and iv) the Beauty Business segment engages in the provision of non-surgical injection treatments with no upfront payment and sales of beauty products.

Hao Wen Holdings (HKSE:08019) Headlines

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