CNWFF (Future World Holdings) Days Sales Outstanding : 21.29 (As of Jun. 2024)

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What is Future World Holdings Days Sales Outstanding?

Future World Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was $0.35 Mil. Future World Holdings's Revenue for the six months ended in Jun. 2024 was $3.02 Mil. Hence, Future World Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 21.29.

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

CNWFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.93 Med: 69.53 Max: 387.32
Current: 67.13

During the past 13 years, Future World Holdings's highest Days Sales Outstanding was 387.32. The lowest was 2.93. And the median was 69.53.

CNWFF's Days Sales Outstanding is ranked worse than
52.27% of 572 companies
in the Capital Markets industry
Industry Median: 61.09 vs CNWFF: 67.13

Future World Holdings's Days Sales Outstanding declined from Jun. 2023 (62.83) to Jun. 2024 (21.29).

Future World Holdings Days Sales Outstanding Historical Data

The historical data trend for Future World 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.

Future World Holdings Days Sales Outstanding Chart

Future World Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.92

34.62

123.48

66.13

21.92

Future World Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															103.22	109.46	62.83	166.83	21.29

Competitive Comparison of Future World Holdings's Days Sales Outstanding

For the Capital Markets subindustry, Future World 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.

Future World Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Future World Holdings's Days Sales Outstanding distribution charts can be found below:

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

Future World 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.

Future World 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
=	( (0.393	+	0.206)	/	2 )	/	4.987	*	365
=	0.2995					/	4.987	*	365
=	21.92

Future World Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (0.206	+	0.499)	/	2 )	/	3.022	*	365 / 2
=	0.3525					/	3.022	*	365 / 2
=	21.29

Future World Holdings (GREY:CNWFF) Days Sales Outstanding Explanation

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

Future World Holdings Days Sales Outstanding Related Terms

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Future World Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Future World Holdings Ltd (GREY:CNWFF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

00572:Hong Kong

Address

30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.fw-holdings.com

Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

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