FHGDF (Founder Holdings) Days Sales Outstanding : 97.95 (As of Jun. 2024)

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What is Founder Holdings Days Sales Outstanding?

Founder Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was $26.5 Mil. Founder Holdings's Revenue for the six months ended in Jun. 2024 was $49.3 Mil. Hence, Founder Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 97.95.

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

FHGDF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.07 Med: 74.07 Max: 84.3
Current: 72.86

During the past 13 years, Founder Holdings's highest Days Sales Outstanding was 84.30. The lowest was 51.07. And the median was 74.07.

FHGDF's Days Sales Outstanding is ranked worse than
61.15% of 2718 companies
in the Software industry
Industry Median: 61.38 vs FHGDF: 72.86

Founder Holdings's Days Sales Outstanding increased from Jun. 2023 (96.26) to Jun. 2024 (97.95).

Founder Holdings Days Sales Outstanding Historical Data

The historical data trend for Founder 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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Founder Holdings Days Sales Outstanding Chart

Founder Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.95

84.04

71.99

76.33

77.56

Founder 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															102.34	54.62	96.26	58.10	97.95

Competitive Comparison of Founder Holdings's Days Sales Outstanding

For the Software - Application subindustry, Founder 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.

Founder Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Founder Holdings's Days Sales Outstanding distribution charts can be found below:

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

Founder 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.

Founder 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
=	( (27.015	+	26.421)	/	2 )	/	125.743	*	365
=	26.718					/	125.743	*	365
=	77.56

Founder 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
=	( (26.421	+	26.504)	/	2 )	/	49.305	*	365 / 2
=	26.4625					/	49.305	*	365 / 2
=	97.95

Founder Holdings (OTCPK:FHGDF) Days Sales Outstanding Explanation

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

Founder Holdings Days Sales Outstanding Related Terms

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Founder Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Founder Holdings Ltd (OTCPK:FHGDF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

00418:Hong Kong FOU1:Germany

Address

9 Hoi Shing Road, Unit 1408, 14th Floor, New Territories, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

https://www.founder.com.hk

Founder Holdings Ltd is engaged in software development and systems integration. It operates in the business division of the provision of software development and system integration and information products distribution. Geographically, the company operates in Hong Kong, Mainland China, and other countries, of which key revenue is generated from Mainland China. The group serves in the fields of printing, media, publishing, big data and fonts library.

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