Wan Kei Group Holdings (HKSE:01718) Days Sales Outstanding : 35.77 (As of Sep. 2024)

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What is Wan Kei Group Holdings Days Sales Outstanding?

Wan Kei Group Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was HK$35.0 Mil. Wan Kei Group Holdings's Revenue for the six months ended in Sep. 2024 was HK$178.6 Mil. Hence, Wan Kei Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 35.77.

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

HKSE:01718' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.76 Med: 49.42 Max: 166.63
Current: 37.61

During the past 10 years, Wan Kei Group Holdings's highest Days Sales Outstanding was 166.63. The lowest was 21.76. And the median was 49.42.

HKSE:01718's Days Sales Outstanding is ranked better than
84.58% of 1706 companies
in the Construction industry
Industry Median: 74.285 vs HKSE:01718: 37.61

Wan Kei Group Holdings's Days Sales Outstanding increased from Sep. 2023 (25.59) to Sep. 2024 (35.77).

Wan Kei Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Wan Kei 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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Wan Kei Group Holdings Days Sales Outstanding Chart

Wan Kei Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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40.72

58.12

65.04

33.04

30.40

Wan Kei Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															42.13	40.95	25.59	39.08	35.77

Competitive Comparison of Wan Kei Group Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Wan Kei 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.

Wan Kei Group Holdings's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

Wan Kei 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.

Wan Kei Group Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (17.463	+	30.623)	/	2 )	/	288.654	*	365
=	24.043					/	288.654	*	365
=	30.40

Wan Kei Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (30.623	+	39.39)	/	2 )	/	178.596	*	365 / 2
=	35.0065					/	178.596	*	365 / 2
=	35.77

Wan Kei Group Holdings (HKSE:01718) Days Sales Outstanding Explanation

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

Wan Kei Group Holdings Days Sales Outstanding Related Terms

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Wan Kei Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288 Hennessy Road, Unit No. 07, 16th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

http://www.hkex1718.hk

Wan Kei Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company has the following operating business segments; Foundation construction, Ground investigation services, Trading of consumer products, E-commerce live streaming and promotion, and Financial services. Maximum revenue is generated from the Foundation construction works segment which provides foundation construction works to customers. The majority of its revenue is generated from Hong Kong.

Executives

Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares
Chu Yuet Wah	2201 Interest of corporation controlled by you
Samwood Global Limited	2103 Interests held jointly with another person
Suntecli Company Limited	2101 Beneficial owner
Chan Sui Yau	2202 Interest of your spouse
Fong Hon Hung	2103 Interests held jointly with another person
Kwong Sui Sim	2202 Interest of your spouse
Lau Woon Si	2201 Interest of corporation controlled by you
Leung Man Lun Stephen	2103 Interests held jointly with another person
So Choi	2202 Interest of your spouse
Coast International Asset Management Limited	2102 Investment manager

Wan Kei Group Holdings Headlines

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