Hung Fook Tong Group Holdings (HKSE:01446) Days Sales Outstanding : 32.11 (As of Dec. 2023)

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What is Hung Fook Tong Group Holdings Days Sales Outstanding?

Hung Fook Tong Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$60.0 Mil. Hung Fook Tong Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$341.1 Mil. Hence, Hung Fook Tong Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.11.

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

HKSE:01446' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.54 Med: 27.5 Max: 32.27
Current: 32.27

During the past 11 years, Hung Fook Tong Group Holdings's highest Days Sales Outstanding was 32.27. The lowest was 21.54. And the median was 27.50.

HKSE:01446's Days Sales Outstanding is ranked better than
72.97% of 111 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.28 vs HKSE:01446: 32.27

Hung Fook Tong Group Holdings's Days Sales Outstanding increased from Dec. 2022 (29.63) to Dec. 2023 (32.11).

Hung Fook Tong Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Hung Fook Tong Group 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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Hung Fook Tong Group Holdings Days Sales Outstanding Chart

Hung Fook Tong Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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21.54

23.55

23.28

27.84

31.11

Hung Fook Tong Group 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															24.01	26.98	29.63	33.61	32.11

Competitive Comparison of Hung Fook Tong Group Holdings's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Hung Fook Tong Group 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.

Hung Fook Tong Group Holdings's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hung Fook Tong Group Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hung Fook Tong Group Holdings's Days Sales Outstanding falls into.

Hung Fook Tong Group 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.

Hung Fook Tong Group Holdings'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
=	( (58.426	+	56.26)	/	2 )	/	672.729	*	365
=	57.343					/	672.729	*	365
=	31.11

Hung Fook Tong Group Holdings'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
=	( (63.753	+	56.26)	/	2 )	/	341.051	*	365 / 2
=	60.0065					/	341.051	*	365 / 2
=	32.11

Hung Fook Tong Group Holdings (HKSE:01446) Days Sales Outstanding Explanation

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

Hung Fook Tong Group Holdings Days Sales Outstanding Related Terms

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Hung Fook Tong Group Holdings (HKSE:01446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hung Fook Tong Group Holdings Ltd (HKSE:01446) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dai King Street, Tai Po Industrial Estate, New Territories, Tai Po, Hong Kong, HKG

Website

https://www.hungfooktong.com

Hung Fook Tong Group Holdings Ltd is engaged in the production and sales of Chinese herbal drinks and other drink products, Chinese-style soups, herbal tortoise plastron jelly, and other food products under the Hung Fook Tong brand. Its segments include Hong Kong Retail and Wholesale. It derives the majority of its revenue from Hong Kong Retail segment with a presence in PRC, Hong Kong, and Overseas Countries.

Executives

Tse Po Tat	2201 Interest of corporation controlled by you
Wong Pui Chu	2201 Interest of corporation controlled by you
Prestigious Time Limited	2103 Interests held jointly with another person
Think Expert Investments Limited	2103 Interests held jointly with another person
Yitao Investments Limited	2103 Interests held jointly with another person
Chan Suk Hing Comita	2202 Interest of your spouse
Kwan Chan Lai Lai	2202 Interest of your spouse
Kwan Wang Yung

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