Wing On Co International (HKSE:00289) Days Sales Outstanding : 14.40 (As of Dec. 2023)

View and export this data going back to 1921. Start your Free Trial

What is Wing On Co International Days Sales Outstanding?

Wing On Co International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$41 Mil. Wing On Co International's Revenue for the six months ended in Dec. 2023 was HK$525 Mil. Hence, Wing On Co International's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.40.

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

HKSE:00289' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.96 Med: 7.11 Max: 15.34
Current: 11.13

During the past 13 years, Wing On Co International's highest Days Sales Outstanding was 15.34. The lowest was 4.96. And the median was 7.11.

HKSE:00289's Days Sales Outstanding is ranked better than
61.7% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.97 vs HKSE:00289: 11.13

Wing On Co International's Days Sales Outstanding increased from Dec. 2022 (5.91) to Dec. 2023 (14.40).

Wing On Co International Days Sales Outstanding Historical Data

The historical data trend for Wing On Co International'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.

Wing On Co International Days Sales Outstanding Chart

Wing On Co International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

7.26

6.75

7.00

6.24

15.34

Wing On Co International 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															7.47	7.87	5.91	3.72	14.40

Competitive Comparison of Wing On Co International's Days Sales Outstanding

For the Department Stores subindustry, Wing On Co International'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.

Wing On Co International's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Wing On Co International's Days Sales Outstanding falls into.

Wing On Co International 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.

Wing On Co International'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
=	( (13.748	+	75.024)	/	2 )	/	1056.194	*	365
=	44.386					/	1056.194	*	365
=	15.34

Wing On Co International'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
=	( (7.89	+	75.024)	/	2 )	/	525.358	*	365 / 2
=	41.457					/	525.358	*	365 / 2
=	14.40

Wing On Co International (HKSE:00289) Days Sales Outstanding Explanation

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

Wing On Co International Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Wing On Co International's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Wing On Co International (HKSE:00289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.wingon.hk

Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.

Executives

Kee Wai Investment Company (bvi) Limited	2201 Interest of corporation controlled by you
Wing On Corporate Management (bvi) Limited	2201 Interest of corporation controlled by you
Wing On International Holdings Limited	2201 Interest of corporation controlled by you

Wing On Co International (HKSE:00289) Headlines

No Headlines