Topsports International Holdings (HKSE:06110) Days Sales Outstanding : 14.01 (As of Aug. 2023)

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What is Topsports International Holdings Days Sales Outstanding?

Topsports International Holdings's average Accounts Receivable for the six months ended in Aug. 2023 was HK$1,175 Mil. Topsports International Holdings's Revenue for the six months ended in Aug. 2023 was HK$15,306 Mil. Hence, Topsports International Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 14.01.

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

HKSE:06110' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.8 Med: 22.35 Max: 31.28
Current: 14.8

During the past 7 years, Topsports International Holdings's highest Days Sales Outstanding was 31.28. The lowest was 14.80. And the median was 22.35.

HKSE:06110's Days Sales Outstanding is ranked better than
54.35% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.72 vs HKSE:06110: 14.80

Topsports International Holdings's Days Sales Outstanding declined from Aug. 2022 (16.80) to Aug. 2023 (14.01).

Topsports International Holdings Days Sales Outstanding Historical Data

The historical data trend for Topsports International 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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Topsports International Holdings Days Sales Outstanding Chart

Topsports International Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

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29.79

22.35

18.01

18.51

15.11

Topsports International Holdings Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial								19.20	12.23	16.80	15.26	14.01

Competitive Comparison of Topsports International Holdings's Days Sales Outstanding

For the Apparel Retail subindustry, Topsports International 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.

Topsports International Holdings's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Days Sales Outstanding distribution charts can be found below:

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

Topsports International 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.

Topsports International Holdings's Days Sales Outstanding for the fiscal year that ended in Feb. 2023 is calculated as

	Days Sales Outstanding (A: Feb. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )	*	Days in Period
=	( (1360.889	+	1210.574)	/	2 )	/	31068.457	*	365
=	1285.7315					/	31068.457	*	365
=	15.11

Topsports International 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
=	( (1210.574	+	1138.974)	/	2 )	/	15306.341	*	365 / 2
=	1174.774					/	15306.341	*	365 / 2
=	14.01

Topsports International Holdings (HKSE:06110) Days Sales Outstanding Explanation

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

Topsports International Holdings Days Sales Outstanding Related Terms

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Topsports International Holdings (HKSE:06110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topsports International Holdings Ltd (HKSE:06110) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TPSRF:USA 6110:Mexico

Address

No. 928 Liuzhou Road, 22nd Floor, Belle International Building, Xuhui District, Shanghai, CHN

Website

https://www.topsports.com.cn

Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings (HKSE:06110) Headlines

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