Mobicon Group (HKSE:01213) Days Sales Outstanding : 36.84 (As of Sep. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Mobicon Group Days Sales Outstanding?

Mobicon Group's average Accounts Receivable for the six months ended in Sep. 2023 was HK$38.0 Mil. Mobicon Group's Revenue for the six months ended in Sep. 2023 was HK$188.2 Mil. Hence, Mobicon Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 36.84.

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

HKSE:01213' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.56 Med: 37.51 Max: 43.23
Current: 39.28

During the past 13 years, Mobicon Group's highest Days Sales Outstanding was 43.23. The lowest was 30.56. And the median was 37.51.

HKSE:01213's Days Sales Outstanding is ranked better than
87.68% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs HKSE:01213: 39.28

Mobicon Group's Days Sales Outstanding declined from Sep. 2022 (43.36) to Sep. 2023 (36.84).

Mobicon Group Days Sales Outstanding Historical Data

The historical data trend for Mobicon 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.

* Premium members only.

Mobicon Group Days Sales Outstanding Chart

Mobicon Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

37.43

38.73

43.23

41.76

42.66

Mobicon Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															41.64	45.19	43.36	40.40	36.84

Competitive Comparison of Mobicon Group's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, Mobicon 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.

Mobicon Group's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Mobicon 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.

Mobicon Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (57.827	+	38.119)	/	2 )	/	410.421	*	365
=	47.973					/	410.421	*	365
=	42.66

Mobicon Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (38.119	+	37.856)	/	2 )	/	188.2	*	365 / 2
=	37.9875					/	188.2	*	365 / 2
=	36.84

Mobicon Group (HKSE:01213) Days Sales Outstanding Explanation

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

Mobicon Group Days Sales Outstanding Related Terms

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

Mobicon Group (HKSE:01213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobicon Group Ltd (HKSE:01213) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

704 Prince Edward Road East, 7th Floor, New Trend Centre, San Po Kong, Kowloon, Hong Kong, HKG

Website

http://www.mobicon.com

Mobicon Group Ltd is a Hong Kong-based investment holding company principally engaged in the electronic trading business. The Company operates through three business segments. The Electronic Trading Business segment is engaged in the distribution of electronic components, automation parts and equipment. The Computer Business segment is engaged in the retail of computer products, mobile accessories; distribution of computer products; provision of information technology (IT) outsourcing and solution services. The Cosmetic and Online Retail Business segment is engaged in the retail and distribution of cosmetic products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the Asia Pacific, South Africa, Europe, and Other Countries.

Mobicon Group (HKSE:01213) Headlines

No Headlines