Mainland Headwear Holdings (HKSE:01100) Days Sales Outstanding : 98.07 (As of Dec. 2023)

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What is Mainland Headwear Holdings Days Sales Outstanding?

Mainland Headwear Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$343 Mil. Mainland Headwear Holdings's Revenue for the six months ended in Dec. 2023 was HK$639 Mil. Hence, Mainland Headwear Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 98.07.

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

HKSE:01100' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.52 Med: 76.7 Max: 114.04
Current: 96.18

During the past 13 years, Mainland Headwear Holdings's highest Days Sales Outstanding was 114.04. The lowest was 57.52. And the median was 76.70.

HKSE:01100's Days Sales Outstanding is ranked worse than
80.64% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.83 vs HKSE:01100: 96.18

Mainland Headwear Holdings's Days Sales Outstanding increased from Dec. 2022 (85.53) to Dec. 2023 (98.07).

Mainland Headwear Holdings Days Sales Outstanding Historical Data

The historical data trend for Mainland Headwear 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.

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Mainland Headwear Holdings Days Sales Outstanding Chart

Mainland Headwear Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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85.13

114.04

79.40

77.52

97.32

Mainland Headwear Holdings 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															75.64	77.48	85.53	93.60	98.07

Competitive Comparison of Mainland Headwear Holdings's Days Sales Outstanding

For the Footwear & Accessories subindustry, Mainland Headwear 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.

Mainland Headwear Holdings's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mainland Headwear Holdings's Days Sales Outstanding distribution charts can be found below:

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

Mainland Headwear 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.

Mainland Headwear Holdings'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
=	( (435.287	+	321.399)	/	2 )	/	1418.994	*	365
=	378.343					/	1418.994	*	365
=	97.32

Mainland Headwear Holdings'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
=	( (365.078	+	321.399)	/	2 )	/	638.736	*	365 / 2
=	343.2385					/	638.736	*	365 / 2
=	98.07

Mainland Headwear Holdings (HKSE:01100) Days Sales Outstanding Explanation

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

Mainland Headwear Holdings Days Sales Outstanding Related Terms

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Mainland Headwear Holdings (HKSE:01100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mainland Headwear Holdings Ltd (HKSE:01100) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Sheung Yuet Road, Rooms 2301–2305, 23rd Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.mainland.com.hk

Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the US as the main market, followed by the European market. The key revenue is derived from the Manufacturing segment.

Mainland Headwear Holdings (HKSE:01100) Headlines

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