Asia Television Holdings (HKSE:00707) Days Sales Outstanding : 32.22 (As of Jun. 2023)

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What is Asia Television Holdings Days Sales Outstanding?

Asia Television Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was HK$4.7 Mil. Asia Television Holdings's Revenue for the six months ended in Jun. 2023 was HK$26.8 Mil. Hence, Asia Television Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 32.22.

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

HKSE:00707' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.36 Med: 106.46 Max: 247.46
Current: 54.35

During the past 13 years, Asia Television Holdings's highest Days Sales Outstanding was 247.46. The lowest was 18.36. And the median was 106.46.

HKSE:00707's Days Sales Outstanding is ranked worse than
52.18% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs HKSE:00707: 54.35

Asia Television Holdings's Days Sales Outstanding declined from Jun. 2022 (163.26) to Jun. 2023 (32.22).

Asia Television Holdings Days Sales Outstanding Historical Data

The historical data trend for Asia Television 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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Asia Television Holdings Days Sales Outstanding Chart

Asia Television Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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247.46

141.98

113.04

135.57

78.58

Asia Television 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															71.07	163.26	19.25	32.22	45.27

Competitive Comparison of Asia Television Holdings's Days Sales Outstanding

For the Textile Manufacturing subindustry, Asia Television 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.

Asia Television Holdings's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Asia Television 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.

Asia Television Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (56.345	+	7.607)	/	2 )	/	86.088	*	365
=	31.976					/	86.088	*	365
=	135.57

Asia Television Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (7.607	+	1.859)	/	2 )	/	26.81	*	365 / 2
=	4.733					/	26.81	*	365 / 2
=	32.22

Asia Television Holdings (HKSE:00707) Days Sales Outstanding Explanation

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

Asia Television Holdings Days Sales Outstanding Related Terms

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

Asia Television Holdings (HKSE:00707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Asia Television Holdings Ltd (HKSE:00707) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

14 Science Museum Road, Room 903, 9th Floor, Tower A, New Mandarin Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.atvgroup.com.hk

Asia Television Holdings Ltd is an investment holding company. The company has six reportable operating segments: Processing, printing, and sales of finished fabrics and subcontracting services in the PRC; Trading of fabrics and clothing; Money lending; Securities investment; Media, cultural and entertainment; and Securities brokerage services and margin finance. The company generates a vast majority of its revenue from processing, printing, and sales of finished fabrics and subcontracting services in the PRC. Geographically, it has sales in the PRC, Malaysia, and Hong Kong.

Executives

Oriental Textlie Products Limited	2101 Beneficial owner
Liu Minbin	2101 Beneficial owner
Deng Jun Jie	2101 Beneficial owner
Build Rise Capital Group Limited	2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited	2101 Beneficial owner
Ma Fai	2201 Interest of corporation controlled by you
Honghu Capital Co. Ltd.	2101 Beneficial owner
Forward Fund Spc - Leader Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

Asia Television Holdings (HKSE:00707) Headlines

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