MOBI Development Co (HKSE:00947) Days Sales Outstanding : 173.40 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is MOBI Development Co Days Sales Outstanding?

MOBI Development Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$306.7 Mil. MOBI Development Co's Revenue for the six months ended in Dec. 2023 was HK$322.8 Mil. Hence, MOBI Development Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 173.40.

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

HKSE:00947' s Days Sales Outstanding Range Over the Past 10 Years
Min: 117.54 Med: 151.73 Max: 177.63
Current: 165.12

During the past 13 years, MOBI Development Co's highest Days Sales Outstanding was 177.63. The lowest was 117.54. And the median was 151.73.

HKSE:00947's Days Sales Outstanding is ranked worse than
90.39% of 2456 companies
in the Hardware industry
Industry Median: 75.07 vs HKSE:00947: 165.12

MOBI Development Co's Days Sales Outstanding increased from Dec. 2022 (154.94) to Dec. 2023 (173.40).

MOBI Development Co Days Sales Outstanding Historical Data

The historical data trend for MOBI Development Co'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.

MOBI Development Co Days Sales Outstanding Chart

MOBI Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

152.99

163.91

177.63

170.34

161.95

MOBI Development Co 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															136.62	175.72	154.94	160.99	173.40

Competitive Comparison of MOBI Development Co's Days Sales Outstanding

For the Communication Equipment subindustry, MOBI Development Co'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.

MOBI Development Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MOBI Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MOBI Development Co's Days Sales Outstanding falls into.

MOBI Development Co 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.

MOBI Development Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (337.897	+	284.118)	/	2 )	/	700.947	*	365
=	311.0075					/	700.947	*	365
=	161.95

MOBI Development Co'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
=	( (329.265	+	284.118)	/	2 )	/	322.787	*	365 / 2
=	306.6915					/	322.787	*	365 / 2
=	173.40

MOBI Development Co (HKSE:00947) Days Sales Outstanding Explanation

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

MOBI Development Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of MOBI Development Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

MOBI Development Co (HKSE:00947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MOBI Development Co Ltd (HKSE:00947) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Langshan First Road, Science and Technology Park, Nanshan District, Guangdong Province, Shenzen, CHN

Website

http://www.mobi-antenna.com

MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem.

MOBI Development Co (HKSE:00947) Headlines

No Headlines