GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Properties Ltd (FRA:USH) » Definitions » Days Sales Outstanding

Wing Tai Properties (FRA:USH) Days Sales Outstanding : 7.63 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Wing Tai Properties Days Sales Outstanding?

Wing Tai Properties's average Accounts Receivable for the six months ended in Dec. 2023 was €2.0 Mil. Wing Tai Properties's Revenue for the six months ended in Dec. 2023 was €47.6 Mil. Hence, Wing Tai Properties's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.63.

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

FRA:USH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.45   Med: 11.05   Max: 91.36
Current: 6.91

During the past 13 years, Wing Tai Properties's highest Days Sales Outstanding was 91.36. The lowest was 1.45. And the median was 11.05.

FRA:USH's Days Sales Outstanding is ranked better than
81.32% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs FRA:USH: 6.91

Wing Tai Properties's Days Sales Outstanding increased from Dec. 2022 (0.98) to Dec. 2023 (7.63).


Wing Tai Properties Days Sales Outstanding Historical Data

The historical data trend for Wing Tai Properties'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.

Wing Tai Properties Days Sales Outstanding Chart

Wing Tai Properties 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 7.86 2.23 1.61 1.41 6.38

Wing Tai Properties 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 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 0.94 3.60 0.98 6.99 7.63

Competitive Comparison of Wing Tai Properties's Days Sales Outstanding

For the Real Estate - Development subindustry, Wing Tai Properties'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.


Wing Tai Properties's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Properties's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wing Tai Properties's Days Sales Outstanding falls into.



Wing Tai Properties 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.

Wing Tai Properties'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
=( (1.976 + 1.644) / 2 ) / 103.608*365
=1.81 / 103.608*365
=6.38

Wing Tai Properties'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
=( (2.333 + 1.644) / 2 ) / 47.565*365 / 2
=1.9885 / 47.565*365 / 2
=7.63

* 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.


Wing Tai Properties  (FRA:USH) Days Sales Outstanding Explanation

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


Wing Tai Properties Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Wing Tai Properties's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Wing Tai Properties (FRA:USH) Business Description

Traded in Other Exchanges
Address
Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through Property Development, Property Investment & Management, Hospitality Investment & Management, and Other segments. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, the People's Republic of China, Singapore, and others, of which the majority of its revenue comes from Hong Kong.

Wing Tai Properties (FRA:USH) Headlines

No Headlines