Travel Expert (Asia) Enterprises (HKSE:01235) Days Sales Outstanding : 0.22 (As of Sep. 2023)

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What is Travel Expert (Asia) Enterprises Days Sales Outstanding?

Travel Expert (Asia) Enterprises's average Accounts Receivable for the six months ended in Sep. 2023 was HK$0.07 Mil. Travel Expert (Asia) Enterprises's Revenue for the six months ended in Sep. 2023 was HK$59.55 Mil. Hence, Travel Expert (Asia) Enterprises's Days Sales Outstanding for the six months ended in Sep. 2023 was 0.22.

The historical rank and industry rank for Travel Expert (Asia) Enterprises's Days Sales Outstanding or its related term are showing as below:

HKSE:01235' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.47 Med: 8.41 Max: 63.62
Current: 0.47

During the past 13 years, Travel Expert (Asia) Enterprises's highest Days Sales Outstanding was 63.62. The lowest was 0.47. And the median was 8.41.

HKSE:01235's Days Sales Outstanding is ranked better than
99.75% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.77 vs HKSE:01235: 0.47

Travel Expert (Asia) Enterprises's Days Sales Outstanding declined from Sep. 2022 (2.81) to Sep. 2023 (0.22).

Travel Expert (Asia) Enterprises Days Sales Outstanding Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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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Travel Expert (Asia) Enterprises Days Sales Outstanding Chart

Travel Expert (Asia) Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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7.83

5.03

63.62

5.20

1.47

Travel Expert (Asia) Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															11.85	10.17	2.81	0.28	0.22

Competitive Comparison of Travel Expert (Asia) Enterprises's Days Sales Outstanding

For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Travel Expert (Asia) Enterprises's Days Sales Outstanding falls into.

Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.253	+	0.071)	/	2 )	/	40.27	*	365
=	0.162					/	40.27	*	365
=	1.47

Travel Expert (Asia) Enterprises'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
=	( (0.071	+	0)	/	1 )	/	59.549	*	365 / 2
=	0.071					/	59.549	*	365 / 2
=	0.22

Travel Expert (Asia) Enterprises (HKSE:01235) Days Sales Outstanding Explanation

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

Travel Expert (Asia) Enterprises Days Sales Outstanding Related Terms

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Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG

Website

https://www.tegroup.com.hk

Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

Travel Expert (Asia) Enterprises (HKSE:01235) Headlines

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