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Landrich Holding (HKSE:02132) Days Sales Outstanding : 26.01 (As of Sep. 2023)


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What is Landrich Holding Days Sales Outstanding?

Landrich Holding's average Accounts Receivable for the six months ended in Sep. 2023 was HK$79 Mil. Landrich Holding's Revenue for the six months ended in Sep. 2023 was HK$556 Mil. Hence, Landrich Holding's Days Sales Outstanding for the six months ended in Sep. 2023 was 26.01.

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

HKSE:02132' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.19   Med: 32.14   Max: 46.55
Current: 21.19

During the past 8 years, Landrich Holding's highest Days Sales Outstanding was 46.55. The lowest was 21.19. And the median was 32.14.

HKSE:02132's Days Sales Outstanding is ranked better than
93.62% of 1646 companies
in the Construction industry
Industry Median: 73.13 vs HKSE:02132: 21.19

Landrich Holding's Days Sales Outstanding increased from Sep. 2022 (21.73) to Sep. 2023 (26.01).


Landrich Holding Days Sales Outstanding Historical Data

The historical data trend for Landrich Holding'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.

Landrich Holding Days Sales Outstanding Chart

Landrich Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial 44.99 46.55 37.08 24.38 27.20

Landrich Holding Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.35 21.50 21.73 16.72 26.01

Competitive Comparison of Landrich Holding's Days Sales Outstanding

For the Engineering & Construction subindustry, Landrich Holding'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.


Landrich Holding's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Landrich Holding's Days Sales Outstanding falls into.



Landrich Holding 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.

Landrich Holding'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
=( (76.293 + 66.286) / 2 ) / 956.498*365
=71.2895 / 956.498*365
=27.20

Landrich Holding'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
=( (66.286 + 92.08) / 2 ) / 555.51*365 / 2
=79.183 / 555.51*365 / 2
=26.01

* 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.


Landrich Holding  (HKSE:02132) Days Sales Outstanding Explanation

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


Landrich Holding Days Sales Outstanding Related Terms

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Landrich Holding (HKSE:02132) Business Description

Traded in Other Exchanges
N/A
Address
6 Sha Tsui Road, Unit 2808, 28th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG
Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.
Executives
New Brilliance Enterprises Limited 2101 Beneficial owner
Tsui Kai Kwong 2201 Interest of corporation controlled by you
Wong Cheuk Mui 2202 Interest of your spouse

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