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Wenye Group Holdings (HKSE:01802) Days Sales Outstanding : 1,845.48 (As of Jun. 2024)


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What is Wenye Group Holdings Days Sales Outstanding?

Wenye Group Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$147.22 Mil. Wenye Group Holdings's Revenue for the six months ended in Jun. 2024 was HK$14.56 Mil. Hence, Wenye Group Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 1,845.48.

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

HKSE:01802' s Days Sales Outstanding Range Over the Past 10 Years
Min: 172.97   Med: 201.14   Max: 2965.6
Current: 2965.6

During the past 9 years, Wenye Group Holdings's highest Days Sales Outstanding was 2965.60. The lowest was 172.97. And the median was 201.14.

HKSE:01802's Days Sales Outstanding is ranked worse than
99.59% of 1714 companies
in the Construction industry
Industry Median: 74.535 vs HKSE:01802: 2965.60

Wenye Group Holdings's Days Sales Outstanding increased from Jun. 2023 (457.51) to Jun. 2024 (1,845.48).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Wenye Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Wenye 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.

* Premium members only.

Wenye Group Holdings Days Sales Outstanding Chart

Wenye Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 274.87 203.54 198.73 642.53 2,459.95

Wenye Group Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 242.56 457.51 1,309.98 1,845.48 -

Competitive Comparison of Wenye Group Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Wenye 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.


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

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

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


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Wenye 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.

Wenye 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
=( (179.04 + 134.2) / 2 ) / 88.971*365
=156.62 / 88.971*365
=642.53

Wenye Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (134.2 + 160.247) / 2 ) / 14.559*365 / 2
=147.2235 / 14.559*365 / 2
=1,845.48

* 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.


Wenye Group Holdings  (HKSE:01802) Days Sales Outstanding Explanation

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


Wenye Group Holdings Days Sales Outstanding Related Terms

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Wenye Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Liyuan Road, 5th Floor, Baoneng Motor Building, Luohu District, Shenzhen, CHN
Wenye Group Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of interior and exterior building decoration and design services in the People's Republic of China. It mainly provides the construction and design services of indoor and outdoor building decoration for office buildings, public facilities, high-end start hotels, traffic hubs, commercial properties, residential properties, and curtain walls.
Executives
Mak Ho Fai
Fanshaozhou Holdings Limited 2101 Beneficial owner
Li Pak San 2201 Interest of corporation controlled by you
Ocean Coalesce Investments Limited 2101 Beneficial owner
Fan Shaozhou 2101 Beneficial owner
Fan Shaozhou 2307 Founder of a discretionary trust who can infl
Antopex Limited 2306 Nominee for another person
Cmb Wing Lung (trustee) Limited 2301 Trustee
Modest Faith Limited 2201 Interest of corporation controlled by you
Wenye Elite Holdings Limited 2101 Beneficial owner

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