Minerva Group Holding (HKSE:00397) Days Sales Outstanding : 686.88 (As of Dec. 2023)

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What is Minerva Group Holding Days Sales Outstanding?

Minerva Group Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$131.85 Mil. Minerva Group Holding's Revenue for the six months ended in Dec. 2023 was HK$35.03 Mil. Hence, Minerva Group Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 686.88.

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

HKSE:00397' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.58 Med: 575.91 Max: 2348.72
Current: 669.77

During the past 13 years, Minerva Group Holding's highest Days Sales Outstanding was 2348.72. The lowest was 88.58. And the median was 575.91.

HKSE:00397's Days Sales Outstanding is ranked worse than
90.67% of 75 companies
in the Diversified Financial Services industry
Industry Median: 53.39 vs HKSE:00397: 669.77

Minerva Group Holding's Days Sales Outstanding increased from Dec. 2022 (642.13) to Dec. 2023 (686.88).

Minerva Group Holding Days Sales Outstanding Historical Data

The historical data trend for Minerva Group 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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Minerva Group Holding Days Sales Outstanding Chart

Minerva Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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108.24

320.46

519.12

632.69

662.35

Minerva Group Holding 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															613.08	533.87	642.13	661.47	686.88

Competitive Comparison of Minerva Group Holding's Days Sales Outstanding

For the Financial Conglomerates subindustry, Minerva Group 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.

Minerva Group Holding's Days Sales Outstanding Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Minerva Group Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Minerva Group Holding's Days Sales Outstanding falls into.

Minerva Group 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.

Minerva Group 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
=	( (144.072	+	124.76)	/	2 )	/	74.072	*	365
=	134.416					/	74.072	*	365
=	662.35

Minerva Group 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (138.934	+	124.76)	/	2 )	/	35.031	*	365 / 2
=	131.847					/	35.031	*	365 / 2
=	686.88

Minerva Group Holding (HKSE:00397) Days Sales Outstanding Explanation

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

Minerva Group Holding Days Sales Outstanding Related Terms

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Minerva Group Holding (HKSE:00397) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Minerva Group Holding Ltd (HKSE:00397) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG

Website

http://www.powerfinancial.com.hk

Minerva Group Holding Ltd Formerly Power Financial Group Ltd is principally engaged in the financial services business, money lending business, and asset investment, t. The company operates through four segments Financial Services segment provides financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; the Money Lending segment provides loan financing in Hong Kong; and Assets investment segment that invests in debt securities earning fixed interest income, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains. It derives the majority of its revenue from the Money lending segment. It derives revenue from Hong Kong.

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