Tai United Holdings (HKSE:00718) Days Sales Outstanding : 71.84 (As of Jun. 2023)

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What is Tai United Holdings Days Sales Outstanding?

Tai United Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was HK$39.2 Mil. Tai United Holdings's Revenue for the six months ended in Jun. 2023 was HK$99.6 Mil. Hence, Tai United Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 71.84.

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

HKSE:00718' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.99 Med: 66.86 Max: 611.58
Current: 83.89

During the past 13 years, Tai United Holdings's highest Days Sales Outstanding was 611.58. The lowest was 0.99. And the median was 66.86.

HKSE:00718's Days Sales Outstanding is ranked worse than
58.33% of 96 companies
in the Medical Distribution industry
Industry Median: 76.76 vs HKSE:00718: 83.89

Tai United Holdings's Days Sales Outstanding increased from Jun. 2022 (58.44) to Jun. 2023 (71.84).

Tai United Holdings Days Sales Outstanding Historical Data

The historical data trend for Tai United 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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Tai United Holdings Days Sales Outstanding Chart

Tai United Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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7.34

77.06

70.43

17.31

63.28

Tai United Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															53.27	10.25	58.44	91.06	71.84

Competitive Comparison of Tai United Holdings's Days Sales Outstanding

For the Medical Distribution subindustry, Tai United 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.

Tai United Holdings's Days Sales Outstanding Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Tai United Holdings's Days Sales Outstanding distribution charts can be found below:

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

Tai United 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.

Tai United Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (25.62	+	29.769)	/	2 )	/	159.739	*	365
=	27.6945					/	159.739	*	365
=	63.28

Tai United Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (29.769	+	48.613)	/	2 )	/	99.559	*	365 / 2
=	39.191					/	99.559	*	365 / 2
=	71.84

Tai United Holdings (HKSE:00718) Days Sales Outstanding Explanation

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

Tai United Holdings Days Sales Outstanding Related Terms

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Tai United Holdings (HKSE:00718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Tai United Holdings Ltd (HKSE:00718) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/taiunited/index.ht

Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.

Tai United Holdings (HKSE:00718) Headlines

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