Edvantage Group Holdings (HKSE:00382) Days Sales Outstanding

: 12.54 (As of Aug. 2023)

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Edvantage Group Holdings's average Accounts Receivable for the six months ended in Aug. 2023 was HK$74 Mil. Edvantage Group Holdings's Revenue for the six months ended in Aug. 2023 was HK$1,080 Mil. Hence, Edvantage Group Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 12.54.

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

HKSE:00382' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.07 Med: 6.89 Max: 28.44
Current: 15.1

During the past 8 years, Edvantage Group Holdings's highest Days Sales Outstanding was 28.44. The lowest was 0.07. And the median was 6.89.

HKSE:00382's Days Sales Outstanding is ranked better than
63.31% of 248 companies
in the Education industry
Industry Median: 28.14 vs HKSE:00382: 15.10

Edvantage Group Holdings's Days Sales Outstanding increased from Aug. 2022 (12.48) to Aug. 2023 (12.54).

Edvantage Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Edvantage 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.

* Premium members only.

Edvantage Group Holdings Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

0.16

13.27

28.44

27.56

19.81

Edvantage Group Holdings Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding										19.07	16.41	12.48	13.52	12.54

Competitive Comparison

For the Education & Training Services subindustry, Edvantage 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.

Edvantage Group Holdings Days Sales Outstanding Distribution

For the Education industry and Consumer Defensive sector, Edvantage Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

Edvantage 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.

Edvantage Group Holdings's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (124.128	+	107.144)	/	2 )	/	2130.225	*	365
=	115.636					/	2130.225	*	365
=	19.81

Edvantage Group Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (41.232	+	107.144)	/	2 )	/	1079.948	*	365 / 2
=	74.188					/	1079.948	*	365 / 2
=	12.54

Edvantage Group Holdings (HKSE:00382) Days Sales Outstanding Explanation

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

Edvantage Group Holdings Days Sales Outstanding Related Terms

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Edvantage Group Holdings (HKSE:00382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Edvantage Group Holdings Ltd (HKSE:00382) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN

Website

https://www.edvantagegroup.com.hk

Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Edvantage Group Holdings (HKSE:00382) Headlines

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