Ocean One Holding (HKSE:08476) Days Sales Outstanding : 48.58 (As of Sep. 2023)

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What is Ocean One Holding Days Sales Outstanding?

Ocean One Holding's average Accounts Receivable for the three months ended in Sep. 2023 was HK$62.6 Mil. Ocean One Holding's Revenue for the three months ended in Sep. 2023 was HK$117.6 Mil. Hence, Ocean One Holding's Days Sales Outstanding for the three months ended in Sep. 2023 was 48.58.

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

HKSE:08476' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.61 Med: 37.43 Max: 49.21
Current: 49.21

During the past 8 years, Ocean One Holding's highest Days Sales Outstanding was 49.21. The lowest was 29.61. And the median was 37.43.

HKSE:08476's Days Sales Outstanding is ranked worse than
64.13% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs HKSE:08476: 49.21

Ocean One Holding's Days Sales Outstanding declined from Sep. 2022 (53.39) to Sep. 2023 (48.58).

Ocean One Holding Days Sales Outstanding Historical Data

The historical data trend for Ocean One Holding'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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Ocean One Holding Days Sales Outstanding Chart

Ocean One Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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36.65

38.94

44.73

39.57

36.57

Ocean One Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															53.39	58.70	43.60	37.91	48.58

Competitive Comparison of Ocean One Holding's Days Sales Outstanding

For the Packaged Foods subindustry, Ocean One Holding'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.

Ocean One Holding's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean One Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ocean One Holding's Days Sales Outstanding falls into.

Ocean One Holding 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.

Ocean One Holding'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
=	( (42.587	+	51.069)	/	2 )	/	467.349	*	365
=	46.828					/	467.349	*	365
=	36.57

Ocean One Holding'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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	62.627)	/	1 )	/	117.628	*	365 / 4
=	62.627					/	117.628	*	365 / 4
=	48.58

Ocean One Holding (HKSE:08476) Days Sales Outstanding Explanation

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

Ocean One Holding Days Sales Outstanding Related Terms

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Ocean One Holding (HKSE:08476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ocean One Holding Ltd (HKSE:08476) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

36-44 Pak Tin Par Street, Unit B, 5th Floor, Goodwill Industrial Building, Tsuen Wan, Hong Kong, HKG

Website

https://www.oceanoneholding.com

Ocean One Holding Ltd is a frozen seafood importer and wholesaler in Hong Kong. It offers frozen seafood products sourced from suppliers located overseas to Frozen Seafood Resellers and Frozen Seafood Catering Service Providers in Hong Kong and Macau. It offers a diverse and wide range of frozen seafood products which include prawns, scallops, oysters, and surf clams, fishes, crabs, roe, octopuses, and cuttlefishes.

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