Luen Thai Holdings (HKSE:00311) Days Sales Outstanding : 42.29 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Luen Thai Holdings Days Sales Outstanding?

Luen Thai Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$645 Mil. Luen Thai Holdings's Revenue for the six months ended in Dec. 2023 was HK$2,784 Mil. Hence, Luen Thai Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 42.29.

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

HKSE:00311' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.99 Med: 53.06 Max: 59.4
Current: 40.07

During the past 13 years, Luen Thai Holdings's highest Days Sales Outstanding was 59.40. The lowest was 32.99. And the median was 53.06.

HKSE:00311's Days Sales Outstanding is ranked better than
65.44% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs HKSE:00311: 40.07

Luen Thai Holdings's Days Sales Outstanding increased from Dec. 2022 (41.89) to Dec. 2023 (42.29).

Luen Thai Holdings Days Sales Outstanding Historical Data

The historical data trend for Luen Thai 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.

Luen Thai Holdings Days Sales Outstanding Chart

Luen Thai Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

48.10

59.32

42.86

32.99

37.68

Luen Thai 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															31.32	40.59	41.89	40.25	42.29

Competitive Comparison of Luen Thai Holdings's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Luen Thai 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.

Luen Thai Holdings's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luen Thai Holdings's Days Sales Outstanding distribution charts can be found below:

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

Luen Thai 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.

Luen Thai 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
=	( (504.346	+	619.059)	/	2 )	/	5440.572	*	365
=	561.7025					/	5440.572	*	365
=	37.68

Luen Thai 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
=	( (671.061	+	619.059)	/	2 )	/	2783.506	*	365 / 2
=	645.06					/	2783.506	*	365 / 2
=	42.29

Luen Thai Holdings (HKSE:00311) Days Sales Outstanding Explanation

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

Luen Thai Holdings Days Sales Outstanding Related Terms

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

Luen Thai Holdings (HKSE:00311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luen Thai Holdings Ltd (HKSE:00311) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Hung To Road, Rooms 1001-1005, 10th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www2.luenthai.com

Luen Thai Holdings Ltd is engaged in the manufacturing and trading of apparel and accessories. The company has a diverse product range that includes Fashion and Sleepwear, Sports Active Wear, Sweaters and Outerwear, Casual Knits and Woven Wear, and Accessories. It derives revenue mainly from sales of apparel and accessories. Its revenue is mainly derived from customers located in the United States of America, the PRC, Europe, Canada, and Japan, while the company's business activities are conducted predominantly in Hong Kong, Macao, the PRC, the Philippines, Cambodia, the United States, and Myanmar.

Executives

Dong Fang Guo Ji Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shang Hai Guo Sheng Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shang Hai Fang Zhi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Tan Chiu Joise	2202 Interest of your spouse
Tan Henry	2201 Interest of corporation controlled by you
Double Joy Investments Limited	2101 Beneficial owner

Luen Thai Holdings (HKSE:00311) Headlines

No Headlines