Heng Tai Consumables Group (HKSE:00197) Days Sales Outstanding : 163.33 (As of Dec. 2023)

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What is Heng Tai Consumables Group Days Sales Outstanding?

Heng Tai Consumables Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$216.2 Mil. Heng Tai Consumables Group's Revenue for the six months ended in Dec. 2023 was HK$241.6 Mil. Hence, Heng Tai Consumables Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 163.33.

The historical rank and industry rank for Heng Tai Consumables Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00197' s Days Sales Outstanding Range Over the Past 10 Years
Min: 92.3 Med: 141 Max: 188.61
Current: 184.5

During the past 13 years, Heng Tai Consumables Group's highest Days Sales Outstanding was 188.61. The lowest was 92.30. And the median was 141.00.

HKSE:00197's Days Sales Outstanding is ranked worse than
96.36% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs HKSE:00197: 184.50

Heng Tai Consumables Group's Days Sales Outstanding declined from Dec. 2022 (180.81) to Dec. 2023 (163.33).

Heng Tai Consumables Group Days Sales Outstanding Historical Data

The historical data trend for Heng Tai Consumables Group'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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Heng Tai Consumables Group Days Sales Outstanding Chart

Heng Tai Consumables Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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144.29

176.39

159.31

182.30

188.61

Heng Tai Consumables Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															173.33	213.29	180.81	201.77	163.33

Competitive Comparison of Heng Tai Consumables Group's Days Sales Outstanding

For the Farm Products subindustry, Heng Tai Consumables Group'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.

Heng Tai Consumables Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heng Tai Consumables Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Heng Tai Consumables Group's Days Sales Outstanding falls into.

Heng Tai Consumables Group 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.

Heng Tai Consumables Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (253.054	+	202.298)	/	2 )	/	440.6	*	365
=	227.676					/	440.6	*	365
=	188.61

Heng Tai Consumables Group'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
=	( (202.298	+	230.078)	/	2 )	/	241.559	*	365 / 2
=	216.188					/	241.559	*	365 / 2
=	163.33

Heng Tai Consumables Group (HKSE:00197) Days Sales Outstanding Explanation

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

Heng Tai Consumables Group Days Sales Outstanding Related Terms

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Heng Tai Consumables Group (HKSE:00197) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Heng Tai Consumables Group Ltd (HKSE:00197) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road West, 31st Floor, Guangdong Finance Building, Sheung Wan, Hong Kong, HKG

Website

http://www.hengtai.com.hk

Heng Tai Consumables Group Ltd is engaged in the business of sale of fast-moving consumer goods (FMCG), agro-products and logistics services. The FMCG trading business segment, which is the key revenue driver, involves the sale and trading of packaged foods, beverages, household consumable products, and cold chain products; the Agri-products business segment cultivates, sells and trades fresh and processed fruits and vegetables. Geographically, it derives a majority of revenue from China.

Heng Tai Consumables Group (HKSE:00197) Headlines

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