Kingston Financial Group (HKSE:01031) Days Sales Outstanding : 8.22 (As of Sep. 2022)

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What is Kingston Financial Group Days Sales Outstanding?

Kingston Financial Group's average Accounts Receivable for the six months ended in Sep. 2022 was HK$42 Mil. Kingston Financial Group's Revenue for the six months ended in Sep. 2022 was HK$940 Mil. Hence, Kingston Financial Group's Days Sales Outstanding for the six months ended in Sep. 2022 was 8.22.

The historical rank and industry rank for Kingston Financial Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01031's Days Sales Outstanding is not ranked ^*
in the Capital Markets industry.
Industry Median: 62.37
* Ranked among companies with meaningful Days Sales Outstanding only.

Kingston Financial Group's Days Sales Outstanding declined from Sep. 2021 (8.76) to Sep. 2022 (8.22).

Kingston Financial Group Days Sales Outstanding Historical Data

The historical data trend for Kingston Financial Group'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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Kingston Financial Group Days Sales Outstanding Chart

Kingston Financial Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Sales Outstanding

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11.67

14.39

15.61

11.32

8.29

Kingston Financial Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Days Sales Outstanding	Get a 7-Day Free Trial															27.23	23.21	8.76	7.28	8.22

Competitive Comparison of Kingston Financial Group's Days Sales Outstanding

For the Capital Markets subindustry, Kingston Financial Group'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.

Kingston Financial Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kingston Financial Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kingston Financial Group's Days Sales Outstanding falls into.

Kingston Financial Group 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.

Kingston Financial Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2022 is calculated as

	Days Sales Outstanding (A: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (46.339	+	43.267)	/	2 )	/	1973.133	*	365
=	44.803					/	1973.133	*	365
=	8.29

Kingston Financial Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (43.267	+	41.477)	/	2 )	/	940.235	*	365 / 2
=	42.372					/	940.235	*	365 / 2
=	8.22

Kingston Financial Group (HKSE:01031) Days Sales Outstanding Explanation

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

Kingston Financial Group Days Sales Outstanding Related Terms

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Kingston Financial Group (HKSE:01031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kingston Financial Group Ltd (HKSE:01031) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG

Website

https://www.kingston.com.hk

Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.

Executives

Active Dynamic Limited	2101 Beneficial owner
Chu Yuet Wah

Kingston Financial Group (HKSE:01031) Headlines

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