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Honma Golf (HKSE:06858) Days Sales Outstanding : 49.93 (As of Sep. 2023)


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What is Honma Golf Days Sales Outstanding?

Honma Golf's average Accounts Receivable for the six months ended in Sep. 2023 was HK$191 Mil. Honma Golf's Revenue for the six months ended in Sep. 2023 was HK$699 Mil. Hence, Honma Golf's Days Sales Outstanding for the six months ended in Sep. 2023 was 49.93.

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

HKSE:06858' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.3   Med: 69.64   Max: 141.98
Current: 44.02

During the past 10 years, Honma Golf's highest Days Sales Outstanding was 141.98. The lowest was 38.30. And the median was 69.64.

HKSE:06858's Days Sales Outstanding is ranked worse than
62.19% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.25 vs HKSE:06858: 44.02

Honma Golf's Days Sales Outstanding declined from Sep. 2022 (59.07) to Sep. 2023 (49.93).


Honma Golf Days Sales Outstanding Historical Data

The historical data trend for Honma Golf'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.

Honma Golf Days Sales Outstanding Chart

Honma Golf Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.05 141.98 121.77 75.63 57.95

Honma Golf Semi-Annual Data
Mar14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.62 50.89 59.07 40.60 49.93

Competitive Comparison of Honma Golf's Days Sales Outstanding

For the Leisure subindustry, Honma Golf'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.


Honma Golf's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Honma Golf's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Honma Golf's Days Sales Outstanding falls into.



Honma Golf 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.

Honma Golf'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
=( (349.372 + 200.58) / 2 ) / 1731.931*365
=274.976 / 1731.931*365
=57.95

Honma Golf'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
=( (200.58 + 181.695) / 2 ) / 698.676*365 / 2
=191.1375 / 698.676*365 / 2
=49.93

* 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.


Honma Golf  (HKSE:06858) Days Sales Outstanding Explanation

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


Honma Golf Days Sales Outstanding Related Terms

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Honma Golf (HKSE:06858) Business Description

Traded in Other Exchanges
N/A
Address
35th Floor, Roppongi Hills, Mori Tower, P.O. Box No. 62, 6-10-1, Roppongi, Minatoku, Tokyo, JPN
Honma Golf Ltd is an investment holding company. It is engaged in the design, manufacturing, and sale of golf-related products and the rendering of services relating to such products. Geographically, it derives a majority of revenue from Japan and also has a presence in Korea, China, North America, Europe, and the Rest of the world. The group currently offers golf clubs mainly under three major product families, namely BERES, TOUR WORLD and Be ZEAL.

Honma Golf (HKSE:06858) Headlines

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