True Partner Capital Holding (HKSE:08657) Days Sales Outstanding : 85.17 (As of Dec. 2023)

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What is True Partner Capital Holding Days Sales Outstanding?

True Partner Capital Holding's average Accounts Receivable for the three months ended in Dec. 2023 was HK$1.74 Mil. True Partner Capital Holding's Revenue for the three months ended in Dec. 2023 was HK$1.86 Mil. Hence, True Partner Capital Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 85.17.

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

HKSE:08657' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.83 Med: 117.07 Max: 305
Current: 84.33

During the past 6 years, True Partner Capital Holding's highest Days Sales Outstanding was 305.00. The lowest was 56.83. And the median was 117.07.

HKSE:08657's Days Sales Outstanding is ranked worse than
67.98% of 509 companies
in the Asset Management industry
Industry Median: 49.96 vs HKSE:08657: 84.33

True Partner Capital Holding's Days Sales Outstanding increased from Dec. 2022 (50.68) to Dec. 2023 (85.17).

True Partner Capital Holding Days Sales Outstanding Historical Data

The historical data trend for True Partner Capital 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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True Partner Capital Holding Days Sales Outstanding Chart

True Partner Capital Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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305.00

59.44

139.34

56.83

94.80

True Partner Capital Holding 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															50.68	102.70	51.35	76.95	85.17

Competitive Comparison of True Partner Capital Holding's Days Sales Outstanding

For the Asset Management subindustry, True Partner Capital 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.

True Partner Capital Holding's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, True Partner Capital Holding's Days Sales Outstanding distribution charts can be found below:

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

True Partner Capital 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.

True Partner Capital 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
=	( (5.165	+	1.738)	/	2 )	/	13.289	*	365
=	3.4515					/	13.289	*	365
=	94.80

True Partner Capital 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	1.738)	/	1 )	/	1.862	*	365 / 4
=	1.738					/	1.862	*	365 / 4
=	85.17

True Partner Capital Holding (HKSE:08657) Days Sales Outstanding Explanation

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

True Partner Capital Holding Days Sales Outstanding Related Terms

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True Partner Capital Holding (HKSE:08657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » True Partner Capital Holding Ltd (HKSE:08657) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Canton Road, The Gateway, Suites 2902-3, 29th Floor, The Gateway Tower 2, Harbour City,Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.truepartnercapital.com

True Partner Capital Holding Ltd is an investment holding company principally engaged in fund management business and consultancy services. The Company manages funds and managed accounts on a discretionary basis using a global volatility relative value trading strategy supported by its own in-house proprietary trading platform. The Company also provides consultancy services to complement the fund management business.

Executives

Chan Kong Yoke Keow	2202 Interest of your spouse
Chan Heng Fai Ambrose	2201 Interest of corporation controlled by you
Hekster Tobias Benjamin	2101 Beneficial owner
Kurpershoek-hekster Franca	2202 Interest of your spouse
Van Bakel Roy	2101 Beneficial owner
Heijboer Godefriedus Jelte	2101 Beneficial owner
Wong Rosa Maria	2202 Interest of your spouse
Dss, Inc.	2201 Interest of corporation controlled by you
True Partner International Limited	2101 Beneficial owner
Dss Securities, Inc.	2201 Interest of corporation controlled by you
Dss Financial Management, Inc.	2201 Interest of corporation controlled by you
Hfe Holdings Limited	2201 Interest of corporation controlled by you
Alset Ehome International Inc.	2201 Interest of corporation controlled by you
Van Put Ralph Paul Johan	2201 Interest of corporation controlled by you
True Partner Participation Limited	2101 Beneficial owner

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