Hengxin Technology (HKSE:01085) Days Sales Outstanding : 119.10 (As of Dec. 2023)

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What is Hengxin Technology Days Sales Outstanding?

Hengxin Technology's average Accounts Receivable for the six months ended in Dec. 2023 was HK$847 Mil. Hengxin Technology's Revenue for the six months ended in Dec. 2023 was HK$1,299 Mil. Hence, Hengxin Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 119.10.

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

HKSE:01085' s Days Sales Outstanding Range Over the Past 10 Years
Min: 114.38 Med: 143.59 Max: 180.47
Current: 116.5

During the past 13 years, Hengxin Technology's highest Days Sales Outstanding was 180.47. The lowest was 114.38. And the median was 143.59.

HKSE:01085's Days Sales Outstanding is ranked worse than
79.53% of 2457 companies
in the Hardware industry
Industry Median: 74.02 vs HKSE:01085: 116.50

Hengxin Technology's Days Sales Outstanding declined from Dec. 2022 (138.47) to Dec. 2023 (119.10).

Hengxin Technology Days Sales Outstanding Historical Data

The historical data trend for Hengxin Technology'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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Hengxin Technology Days Sales Outstanding Chart

Hengxin Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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177.60

180.47

143.59

134.49

114.38

Hengxin Technology 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															111.16	158.74	138.47	115.84	119.10

Competitive Comparison of Hengxin Technology's Days Sales Outstanding

For the Communication Equipment subindustry, Hengxin Technology'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.

Hengxin Technology's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hengxin Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hengxin Technology's Days Sales Outstanding falls into.

Hengxin Technology 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.

Hengxin Technology'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
=	( (667.695	+	878.811)	/	2 )	/	2467.459	*	365
=	773.253					/	2467.459	*	365
=	114.38

Hengxin Technology'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
=	( (816.141	+	878.811)	/	2 )	/	1298.657	*	365 / 2
=	847.476					/	1298.657	*	365 / 2
=	119.10

Hengxin Technology (HKSE:01085) Days Sales Outstanding Explanation

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

Hengxin Technology Days Sales Outstanding Related Terms

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Hengxin Technology (HKSE:01085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengxin Technology Ltd (HKSE:01085) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Tampines Central 1, No. 06-05 Tampines Plaza 2, Singapore, SGP, 529541

Website

https://www.hengxin.com.sg

Hengxin Technology Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing of radio frequency (RF) coaxial cable series for mobile communications. It operates in the segments of Radiofrequency coaxial cables, Telecommunication and accessories, and Antennas. Its product portfolio includes RF coaxial cable series for mobile communications, coaxial cables for telecommunications equipment and accessories, and other products which include high-temperature-resistant cables and antennas. It derives a majority of its revenue from the sale of Radiofrequency coaxial cables.

Executives

Kingever Enterprises Limited	2101 Beneficial owner
Cui Wei	2201 Interest of corporation controlled by you

Hengxin Technology (HKSE:01085) Headlines

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