Carpenter Tan Holdings (HKSE:00837) Days Sales Outstanding : 4.47 (As of Dec. 2023)

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What is Carpenter Tan Holdings Days Sales Outstanding?

Carpenter Tan Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$6.5 Mil. Carpenter Tan Holdings's Revenue for the six months ended in Dec. 2023 was HK$265.7 Mil. Hence, Carpenter Tan Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 4.47.

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

HKSE:00837' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.31 Med: 3.85 Max: 5.62
Current: 4.23

During the past 13 years, Carpenter Tan Holdings's highest Days Sales Outstanding was 5.62. The lowest was 2.31. And the median was 3.85.

HKSE:00837's Days Sales Outstanding is ranked better than
99.53% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs HKSE:00837: 4.23

Carpenter Tan Holdings's Days Sales Outstanding declined from Dec. 2022 (4.94) to Dec. 2023 (4.47).

Carpenter Tan Holdings Days Sales Outstanding Historical Data

The historical data trend for Carpenter Tan 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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Carpenter Tan Holdings Days Sales Outstanding Chart

Carpenter Tan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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3.90

5.41

4.69

5.62

4.48

Carpenter Tan 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															4.60	5.10	4.94	3.75	4.47

Competitive Comparison of Carpenter Tan Holdings's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Carpenter Tan 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.

Carpenter Tan Holdings's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carpenter Tan Holdings's Days Sales Outstanding distribution charts can be found below:

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

Carpenter Tan 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.

Carpenter Tan 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
=	( (5.973	+	7.446)	/	2 )	/	546.548	*	365
=	6.7095					/	546.548	*	365
=	4.48

Carpenter Tan 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
=	( (5.579	+	7.446)	/	2 )	/	265.694	*	365 / 2
=	6.5125					/	265.694	*	365 / 2
=	4.47

Carpenter Tan Holdings (HKSE:00837) Days Sales Outstanding Explanation

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

Carpenter Tan Holdings Days Sales Outstanding Related Terms

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Carpenter Tan Holdings (HKSE:00837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Carpenter Tan Holdings Ltd (HKSE:00837) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A-1L Tung Choi Street, Room 708, 7th Floor, Witty Commercial Building, Mong Kok, Kowloon, Hong Kong, CHN

Website

https://www.ctans.com

Carpenter Tan Holdings Ltd is engaged in the design, manufacture, and distribution of small wooden handicrafts and accessories. It is also engaged in the operation of retail shops for direct sale of the Group's products in Hong Kong. The company designs, manufactures and distributes small size wooden handicrafts and accessories, including wooden combs, wooden mirrors, wooden box set and other wooden accessories and adornments, under the brand name of Carpenter Tan; operates a franchise and distribution network primarily in the PRC; and operates retail shops for direct sale of the group's products in Hong Kong and the PRC. Its revenue and results from operations are mainly derived from activities in the PRC.

Carpenter Tan Holdings (HKSE:00837) Headlines

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