CCT Fortis Holdings (HKSE:00138) Days Sales Outstanding : 61.59 (As of Dec. 2023)

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What is CCT Fortis Holdings Days Sales Outstanding?

CCT Fortis Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$109.0 Mil. CCT Fortis Holdings's Revenue for the six months ended in Dec. 2023 was HK$323.0 Mil. Hence, CCT Fortis Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.59.

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

HKSE:00138' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.41 Med: 154.68 Max: 1083.46
Current: 61.07

During the past 13 years, CCT Fortis Holdings's highest Days Sales Outstanding was 1083.46. The lowest was 26.41. And the median was 154.68.

HKSE:00138's Days Sales Outstanding is ranked worse than
50.4% of 498 companies
in the Conglomerates industry
Industry Median: 61.035 vs HKSE:00138: 61.07

CCT Fortis Holdings's Days Sales Outstanding declined from Dec. 2022 (93.00) to Dec. 2023 (61.59).

CCT Fortis Holdings Days Sales Outstanding Historical Data

The historical data trend for CCT Fortis 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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CCT Fortis Holdings Days Sales Outstanding Chart

CCT Fortis Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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107.40

188.28

121.08

92.82

49.86

CCT Fortis 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															105.68	117.42	93.00	70.40	61.59

Competitive Comparison of CCT Fortis Holdings's Days Sales Outstanding

For the Conglomerates subindustry, CCT Fortis 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.

CCT Fortis Holdings's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CCT Fortis Holdings's Days Sales Outstanding distribution charts can be found below:

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

CCT Fortis 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.

CCT Fortis 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
=	( (166	+	43)	/	2 )	/	765	*	365
=	104.5					/	765	*	365
=	49.86

CCT Fortis 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
=	( (175	+	43)	/	2 )	/	323	*	365 / 2
=	109					/	323	*	365 / 2
=	61.59

CCT Fortis Holdings (HKSE:00138) Days Sales Outstanding Explanation

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

CCT Fortis Holdings Days Sales Outstanding Related Terms

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CCT Fortis Holdings (HKSE:00138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CCT Fortis Holdings Ltd (HKSE:00138) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Wo Shing Street, 18th Floor, CCT Telecom Building, Fotan, New Territories, Shatin, HKG

Website

https://www.cct-fortis.com

CCT Fortis Holdings Ltd is engaged in various activities including development, trading, investment, holding of properties; trading in securities and holding of securities and treasury products; trading and sale of classic cars and car logistics; trading and sale of Ferrari vehicles and provision of after-sales services for Ferrari automotive; acquisition of classic cars for long-term investment purpose; production, investment and distribution of films world wide; sale and leasing of audio and lighting equipment and provision of technical and engineering services and metal construction work for stage performance events; running of car service center, artist management, magazine publication, and investment in collectible precision devices.

Executives

Capital Winner Investments Limited	2101 Beneficial owner
New Capital Industrial Limited	2101 Beneficial owner
Capital Force International Limited	2101 Beneficial owner
Treasure Goal International Limited	2101 Beneficial owner
Mak Shiu Tong	2201 Interest of corporation controlled by you
Mak Chun Kiu	2201 Interest of corporation controlled by you

CCT Fortis Holdings (HKSE:00138) Headlines

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