Wing Tai Properties (HKSE:00369) Days Sales Outstanding : 4.92 (As of Jun. 2024)

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What is Wing Tai Properties Days Sales Outstanding?

Wing Tai Properties's average Accounts Receivable for the six months ended in Jun. 2024 was HK$15.1 Mil. Wing Tai Properties's Revenue for the six months ended in Jun. 2024 was HK$560.3 Mil. Hence, Wing Tai Properties's Days Sales Outstanding for the six months ended in Jun. 2024 was 4.92.

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

HKSE:00369' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.45 Med: 11.05 Max: 91.36
Current: 6.3

During the past 13 years, Wing Tai Properties's highest Days Sales Outstanding was 91.36. The lowest was 1.45. And the median was 11.05.

HKSE:00369's Days Sales Outstanding is ranked better than
82.09% of 1658 companies
in the Real Estate industry
Industry Median: 36.715 vs HKSE:00369: 6.30

Wing Tai Properties's Days Sales Outstanding declined from Jun. 2023 (6.90) to Jun. 2024 (4.92).

Wing Tai Properties Days Sales Outstanding Historical Data

The historical data trend for Wing Tai Properties'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 Tai Properties Days Sales Outstanding Chart

Wing Tai Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.96

2.13

1.66

1.45

6.27

Wing Tai Properties 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															3.70	0.98	6.90	7.61	4.92

Competitive Comparison of Wing Tai Properties's Days Sales Outstanding

For the Real Estate - Development subindustry, Wing Tai Properties'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 Tai Properties's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Properties's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wing Tai Properties's Days Sales Outstanding falls into.

Wing Tai Properties 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 Tai Properties'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
=	( (16.3	+	14)	/	2 )	/	882.4	*	365
=	15.15					/	882.4	*	365
=	6.27

Wing Tai Properties'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
=	( (14	+	16.2)	/	2 )	/	560.3	*	365 / 2
=	15.1					/	560.3	*	365 / 2
=	4.92

Wing Tai Properties (HKSE:00369) 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 Tai Properties Days Sales Outstanding Related Terms

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Wing Tai Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Properties Ltd (HKSE:00369) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.wingtaiproperties.com

Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through the following segments; Property Development which generates key revenue, Property Investment & Management, Hospitality Investment & Management, and Others. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, the People's Republic of China, Singapore, and others, of which the majority of its revenue comes from Hong Kong.

Executives

Wing Tai (cheng) Holdings Limited	2201 Interest of corporation controlled by you
Renowned Development Limited	2201 Interest of corporation controlled by you
Wing Tai Corporation Limited	2201 Interest of corporation controlled by you
Cheng Wai Chee Christopher	2101 Beneficial owner
Cheng Edward Wai Sun	2101 Beneficial owner
Butterfield Fiduciary Services (cayman) Limited
Butterfield Trust (asia) Limited	2301 Trustee
Ckf Limited	2201 Interest of corporation controlled by you
Whcwtf Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Sun Hung Kai Properties Limited

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