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Time Interconnect Technology (HKSE:01729) Days Sales Outstanding : 49.60 (As of Dec. 2024)


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What is Time Interconnect Technology Days Sales Outstanding?

Time Interconnect Technology's average Accounts Receivable for the six months ended in Dec. 2024 was HK$1,283 Mil. Time Interconnect Technology's Revenue for the six months ended in Dec. 2024 was HK$4,723 Mil. Hence, Time Interconnect Technology's Days Sales Outstanding for the six months ended in Dec. 2024 was 49.60.

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

HKSE:01729' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.4   Med: 84.4   Max: 151.58
Current: 63.4

During the past 10 years, Time Interconnect Technology's highest Days Sales Outstanding was 151.58. The lowest was 63.40. And the median was 84.40.

HKSE:01729's Days Sales Outstanding is ranked better than
68.39% of 2974 companies
in the Industrial Products industry
Industry Median: 80.865 vs HKSE:01729: 63.40

Time Interconnect Technology's Days Sales Outstanding declined from Sep. 2023 (88.61) to Dec. 2024 (49.60).


Time Interconnect Technology Days Sales Outstanding Historical Data

The historical data trend for Time Interconnect 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.

* Premium members only.

Time Interconnect Technology Days Sales Outstanding Chart

Time Interconnect Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.99 75.65 87.77 70.67 67.02

Time Interconnect Technology Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.52 109.58 88.61 82.28 49.60

Competitive Comparison of Time Interconnect Technology's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Time Interconnect 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.


Time Interconnect Technology's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Time Interconnect Technology's Days Sales Outstanding distribution charts can be found below:

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


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Time Interconnect 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.

Time Interconnect Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (1250.769 + 1462.724) / 2 ) / 7388.751*365
=1356.7465 / 7388.751*365
=67.02

Time Interconnect Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (1104.087 + 1462.724) / 2 ) / 4722.628*365 / 2
=1283.4055 / 4722.628*365 / 2
=49.60

* 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.


Time Interconnect Technology  (HKSE:01729) Days Sales Outstanding Explanation

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


Time Interconnect Technology Days Sales Outstanding Related Terms

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Time Interconnect Technology Business Description

Traded in Other Exchanges
Address
5 Science Park East Avenue, Units 213-221, 2/F, Building 5E, Hong Kong Science Park, Shatin, Hong Kong, HKG
Time Interconnect Technology Ltd is an investment holding company. The company operates in the manufacture and sales of a wide variety of copper, digital cable products, & optical fiber cable assemblies. The firm is organized into two main operating divisions Cable assembly, Digital cables, and Server. The company generates revenue from the Server segment which includes manufacturing and trading of server products. Geographically, the company derives a majority of its revenue from China and also has a presence in the United States of America; Netherlands; Singapore; Hong Kong, Mexico, United Kingdom and Other Countries. The company serves Telecommunication and Data Communication; Healthcare and Transportation and Industrial markets.
Executives
Wang Laichun 2201 Interest of corporation controlled by you
Wang Laisheng 2201 Interest of corporation controlled by you
Li Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xun Jing Mi Gong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Time Interconnect Technology Headlines

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