Wan Kei Group Holdings (HKSE:01718) Days Sales Outstanding : 25.59 (As of Sep. 2023)

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What is Wan Kei Group Holdings Days Sales Outstanding?

Wan Kei Group Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$21.9 Mil. Wan Kei Group Holdings's Revenue for the six months ended in Sep. 2023 was HK$155.9 Mil. Hence, Wan Kei Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 25.59.

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

HKSE:01718' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.76 Med: 58.12 Max: 166.63
Current: 36.36

During the past 9 years, Wan Kei Group Holdings's highest Days Sales Outstanding was 166.63. The lowest was 21.76. And the median was 58.12.

HKSE:01718's Days Sales Outstanding is ranked better than
84.81% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs HKSE:01718: 36.36

Wan Kei Group Holdings's Days Sales Outstanding declined from Sep. 2022 (42.13) to Sep. 2023 (25.59).

Wan Kei Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Wan Kei Group 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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Wan Kei Group Holdings Days Sales Outstanding Chart

Wan Kei Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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93.51

40.72

58.12

65.04

33.04

Wan Kei Group Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial														65.08	73.57	42.13	40.95	25.59

Competitive Comparison of Wan Kei Group Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Wan Kei Group 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.

Wan Kei Group Holdings's Days Sales Outstanding Distribution in the Construction Industry

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

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

Wan Kei Group 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.

Wan Kei Group Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (39.641	+	17.463)	/	2 )	/	315.447	*	365
=	28.552					/	315.447	*	365
=	33.04

Wan Kei Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (17.463	+	26.242)	/	2 )	/	155.868	*	365 / 2
=	21.8525					/	155.868	*	365 / 2
=	25.59

Wan Kei Group Holdings (HKSE:01718) Days Sales Outstanding Explanation

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

Wan Kei Group Holdings Days Sales Outstanding Related Terms

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Wan Kei Group Holdings (HKSE:01718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288 Hennessy Road, Unit No. 07, 16th Floor Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

http://www.hkex1718.hk

Wan Kei Group Holdings Ltd is an engineering and construction company. It is engaged in the provision of foundation works including mini piles, pipe piles, and king posts. It also offers socketed steel, driven piles, and pre-drilling works. The operating business segments are Foundation Construction, Ground Investigation Services, Trading of beauty and skin care products and Financial Services. The Foundation construction segment provides foundation construction works to customers in Hong Kong, the Ground investigation services segment provides ground investigation services to customers in Hong Kong, Financial services segment provides investment, financing, and moneylending services. The company derives revenue mainly from the Foundation construction segment.

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