Prestige Wealth (Prestige Wealth) Days Sales Outstanding : 0.00 (As of Sep. 2023)

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What is Prestige Wealth Days Sales Outstanding?

Prestige Wealth's average Accounts Receivable for the six months ended in Sep. 2023 was $0.44 Mil. Prestige Wealth's Revenue for the six months ended in Sep. 2023 was $-0.22 Mil.

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

PWM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.8 Med: 49.34 Max: 405.21
Current: 405.21

During the past 4 years, Prestige Wealth's highest Days Sales Outstanding was 405.21. The lowest was 28.80. And the median was 49.34.

PWM's Days Sales Outstanding is ranked worse than
89.63% of 511 companies
in the Asset Management industry
Industry Median: 48.8 vs PWM: 405.21

Prestige Wealth's Days Sales Outstanding declined from Sep. 2022 (213.94) to Sep. 2023 (0.00).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Prestige Wealth Days Sales Outstanding Historical Data

The historical data trend for Prestige Wealth'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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Prestige Wealth Days Sales Outstanding Chart

Prestige Wealth Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

65.53

33.14

28.80

290.22

Prestige Wealth Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			45.87	23.40	213.94	143.09	-

Competitive Comparison of Prestige Wealth's Days Sales Outstanding

For the Asset Management subindustry, Prestige Wealth'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.

Prestige Wealth's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prestige Wealth's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Prestige Wealth's Days Sales Outstanding falls into.

Prestige Wealth 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.

Prestige Wealth's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.282	+	0.273)	/	2 )	/	0.349	*	365
=	0.2775					/	0.349	*	365
=	290.22

Prestige Wealth'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
=	( (0.604	+	0.273)	/	2 )	/	-0.217	*	365 / 2
=	0.4385					/	-0.217	*	365 / 2
=	N/A

Prestige Wealth (NAS:PWM) Days Sales Outstanding Explanation

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

Prestige Wealth Days Sales Outstanding Related Terms

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Prestige Wealth (Prestige Wealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prestige Wealth Inc (NAS:PWM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.prestigewm.hk

Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines

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