Hengdeli Holdings (Hengdeli Holdings) Days Sales Outstanding : 79.63 (As of Dec. 2023)

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What is Hengdeli Holdings Days Sales Outstanding?

Hengdeli Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $45.6 Mil. Hengdeli Holdings's Revenue for the six months ended in Dec. 2023 was $104.5 Mil. Hence, Hengdeli Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 79.63.

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

HENGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.33 Med: 69.53 Max: 181.44
Current: 85.75

During the past 13 years, Hengdeli Holdings's highest Days Sales Outstanding was 181.44. The lowest was 24.33. And the median was 69.53.

HENGY's Days Sales Outstanding is ranked worse than
69.9% of 495 companies
in the Conglomerates industry
Industry Median: 61.68 vs HENGY: 85.75

Hengdeli Holdings's Days Sales Outstanding declined from Dec. 2022 (125.15) to Dec. 2023 (79.63).

Hengdeli Holdings Days Sales Outstanding Historical Data

The historical data trend for Hengdeli 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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Hengdeli Holdings Days Sales Outstanding Chart

Hengdeli Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.16

50.49

108.57

125.55

88.54

Hengdeli Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															107.26	121.17	125.15	89.87	79.63

Competitive Comparison of Hengdeli Holdings's Days Sales Outstanding

For the Conglomerates subindustry, Hengdeli 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.

Hengdeli Holdings's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hengdeli Holdings's Days Sales Outstanding distribution charts can be found below:

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

Hengdeli 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.

Hengdeli 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
=	( (49.175	+	47.413)	/	2 )	/	199.078	*	365
=	48.294					/	199.078	*	365
=	88.54

Hengdeli 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
=	( (43.74	+	47.413)	/	2 )	/	104.455	*	365 / 2
=	45.5765					/	104.455	*	365 / 2
=	79.63

Hengdeli Holdings (OTCPK:HENGY) Days Sales Outstanding Explanation

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

Hengdeli Holdings Days Sales Outstanding Related Terms

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Hengdeli Holdings (Hengdeli Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hengdeli Holdings Ltd (OTCPK:HENGY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

03389:Hong Kong XYUA:Germany

Address

28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.hengdeligroup.com

Hengdeli Holdings Ltd is primarily engaged in the retail and trading of watches and jewellery with comprehensive related customer services and maintenance, manufacturing of watch accessories, provision of shop design and decoration service, and trading of iron ore. The operating segments of the group are High-end consuming accessories; Watches retail and trading and Commodity trading. It has a business presence mainly in Mainland China, Hong Kong, Taiwan, and Malaysia.

Hengdeli Holdings (Hengdeli Holdings) Headlines

From GuruFocus

David Herro Comments on Hengdeli Holdings

By Holly LaFon Holly LaFon • 04-08-2014

Hengdeli narrowed its loss by 91.3% in 1H2023

By ACN Newswire • 08-27-2023