High Fashion International (HKSE:00608) Days Sales Outstanding : 65.86 (As of Dec. 2023)

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What is High Fashion International Days Sales Outstanding?

High Fashion International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$611 Mil. High Fashion International's Revenue for the six months ended in Dec. 2023 was HK$1,694 Mil. Hence, High Fashion International's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.86.

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

HKSE:00608' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50 Med: 57.16 Max: 83.69
Current: 65.28

During the past 13 years, High Fashion International's highest Days Sales Outstanding was 83.69. The lowest was 50.00. And the median was 57.16.

HKSE:00608's Days Sales Outstanding is ranked worse than
63.18% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.25 vs HKSE:00608: 65.28

High Fashion International's Days Sales Outstanding increased from Dec. 2022 (63.60) to Dec. 2023 (65.86).

High Fashion International Days Sales Outstanding Historical Data

The historical data trend for High Fashion 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.

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High Fashion International Days Sales Outstanding Chart

High Fashion International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.70

83.69

61.37

55.50

65.38

High Fashion 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															53.28	58.48	63.60	64.58	65.86

Competitive Comparison of High Fashion International's Days Sales Outstanding

For the Apparel Manufacturing subindustry, High Fashion 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.

High Fashion International's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where High Fashion International's Days Sales Outstanding falls into.

High Fashion 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.

High Fashion 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
=	( (551.374	+	633.289)	/	2 )	/	3306.882	*	365
=	592.3315					/	3306.882	*	365
=	65.38

High Fashion 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
=	( (589.705	+	633.289)	/	2 )	/	1694.443	*	365 / 2
=	611.497					/	1694.443	*	365 / 2
=	65.86

High Fashion International (HKSE:00608) Days Sales Outstanding Explanation

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

High Fashion International Days Sales Outstanding Related Terms

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High Fashion International (HKSE:00608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » High Fashion International Ltd (HKSE:00608) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11 Kwai Hei Street, Kwai Chung, 11th Floor, High Fashion Centre, New Territories, Hong Kong, HKG

Website

https://www.highfashion.com.hk

High Fashion International Ltd is an investment holding company. It is engaged in the manufacture and trading of garments, as well as property investment and development.. The company's operating segments include the Manufacturing and trading of garments; and Property investment and development. The company operates in the United States, Greater China, Europe, and Other countries. It generates majority of the revenue from China.

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