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New Focus Auto Tech Holdings (HKSE:00360) Days Sales Outstanding : 60.94 (As of Dec. 2023)


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What is New Focus Auto Tech Holdings Days Sales Outstanding?

New Focus Auto Tech Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$109.3 Mil. New Focus Auto Tech Holdings's Revenue for the six months ended in Dec. 2023 was HK$327.3 Mil. Hence, New Focus Auto Tech Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.94.

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

HKSE:00360' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.82   Med: 47.82   Max: 75.27
Current: 63.12

During the past 13 years, New Focus Auto Tech Holdings's highest Days Sales Outstanding was 75.27. The lowest was 38.82. And the median was 47.82.

HKSE:00360's Days Sales Outstanding is ranked worse than
54.14% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 59.96 vs HKSE:00360: 63.12

New Focus Auto Tech Holdings's Days Sales Outstanding increased from Dec. 2022 (48.42) to Dec. 2023 (60.94).


New Focus Auto Tech Holdings Days Sales Outstanding Historical Data

The historical data trend for New Focus Auto Tech 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.

New Focus Auto Tech Holdings Days Sales Outstanding Chart

New Focus Auto Tech 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 38.82 61.20 75.14 75.27 63.65

New Focus Auto Tech 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 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 78.95 88.97 48.42 65.10 60.94

Competitive Comparison of New Focus Auto Tech Holdings's Days Sales Outstanding

For the Auto Parts subindustry, New Focus Auto Tech 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.


New Focus Auto Tech Holdings's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Focus Auto Tech Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Focus Auto Tech Holdings's Days Sales Outstanding falls into.



New Focus Auto Tech 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.

New Focus Auto Tech 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
=( (96.546 + 115.305) / 2 ) / 607.46*365
=105.9255 / 607.46*365
=63.65

New Focus Auto Tech 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
=( (103.304 + 115.305) / 2 ) / 327.328*365 / 2
=109.3045 / 327.328*365 / 2
=60.94

* 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.


New Focus Auto Tech Holdings  (HKSE:00360) Days Sales Outstanding Explanation

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


New Focus Auto Tech Holdings Days Sales Outstanding Related Terms

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New Focus Auto Tech Holdings (HKSE:00360) Business Description

Traded in Other Exchanges
Address
180 Hennessy Road, 5th Floor, Wan Chai, Hong Kong, HKG
New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.

New Focus Auto Tech Holdings (HKSE:00360) Headlines

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