Anchorstone Holdings (HKSE:01592) Days Sales Outstanding : 61.05 (As of Dec. 2023)

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What is Anchorstone Holdings Days Sales Outstanding?

Anchorstone Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$16.78 Mil. Anchorstone Holdings's Revenue for the six months ended in Dec. 2023 was HK$50.15 Mil. Hence, Anchorstone Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.05.

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

HKSE:01592' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.93 Med: 87.27 Max: 259.38
Current: 88.77

During the past 9 years, Anchorstone Holdings's highest Days Sales Outstanding was 259.38. The lowest was 63.93. And the median was 87.27.

HKSE:01592's Days Sales Outstanding is ranked worse than
60.43% of 1645 companies
in the Construction industry
Industry Median: 72.65 vs HKSE:01592: 88.77

Anchorstone Holdings's Days Sales Outstanding increased from Dec. 2022 (52.82) to Dec. 2023 (61.05).

Anchorstone Holdings Days Sales Outstanding Historical Data

The historical data trend for Anchorstone 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.

Anchorstone Holdings Days Sales Outstanding Chart

Anchorstone Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.93

79.54

80.08

66.70

87.27

Anchorstone Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											94.68	76.47	52.82	142.31	61.05

Competitive Comparison of Anchorstone Holdings's Days Sales Outstanding

For the Building Products & Equipment subindustry, Anchorstone 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.

Anchorstone Holdings's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anchorstone Holdings's Days Sales Outstanding distribution charts can be found below:

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

Anchorstone 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.

Anchorstone 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
=	( (22.777	+	14.138)	/	2 )	/	77.199	*	365
=	18.4575					/	77.199	*	365
=	87.27

Anchorstone 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
=	( (19.413	+	14.138)	/	2 )	/	50.146	*	365 / 2
=	16.7755					/	50.146	*	365 / 2
=	61.05

Anchorstone Holdings (HKSE:01592) Days Sales Outstanding Explanation

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

Anchorstone Holdings Days Sales Outstanding Related Terms

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Anchorstone Holdings (HKSE:01592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anchorstone Holdings Ltd (HKSE:01592) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 On Yiu Street, Unit 1501–1502, 15th floor, Delta House, Shatin New Territories, Hong Kong, HKG

Website

https://www.anchorstone.com.hk

Anchorstone Holdings Ltd is an investment holding company. The company supplies marble and granite and provides relevant installation services for construction projects. It operates in two segments: Supply & installation service and Stone sales. The company offers services for buildings and property, including commercial buildings, residential buildings, hotels, and public infrastructures. The majority of the revenue is generated from the Supply and installation service. Its geographical segments are Hong Kong and Macau, out of which Hong Kong accounts for the majority of the revenue.

Executives

Pmg Investments Limited	2101 Beneficial owner
Lui Yue Yun Gary	2201 Interest of corporation controlled by you
Pacific Marble & Granite Holdings (bvi) Ltd.	2201 Interest of corporation controlled by you
Choi Hok Ya	2101 Beneficial owner

Anchorstone Holdings (HKSE:01592) Headlines

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