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Casablanca Group (HKSE:02223) Days Sales Outstanding : 44.74 (As of Jun. 2024)


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What is Casablanca Group Days Sales Outstanding?

Casablanca Group's average Accounts Receivable for the six months ended in Jun. 2024 was HK$27.7 Mil. Casablanca Group's Revenue for the six months ended in Jun. 2024 was HK$112.9 Mil. Hence, Casablanca Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 44.74.

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

HKSE:02223' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.61   Med: 64.31   Max: 74.65
Current: 42.61

During the past 13 years, Casablanca Group's highest Days Sales Outstanding was 74.65. The lowest was 42.61. And the median was 64.31.

HKSE:02223's Days Sales Outstanding is ranked better than
61.85% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.04 vs HKSE:02223: 42.61

Casablanca Group's Days Sales Outstanding increased from Jun. 2023 (41.97) to Jun. 2024 (44.74).


Casablanca Group Days Sales Outstanding Historical Data

The historical data trend for Casablanca Group'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.

Casablanca Group Days Sales Outstanding Chart

Casablanca Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.76 60.29 53.53 50.80 45.87

Casablanca Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only 49.62 39.73 41.97 33.60 44.74

Competitive Comparison of Casablanca Group's Days Sales Outstanding

For the Textile Manufacturing subindustry, Casablanca Group'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.


Casablanca Group's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Casablanca Group's Days Sales Outstanding distribution charts can be found below:

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



Casablanca Group 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.

Casablanca Group'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
=( (36.751 + 34.656) / 2 ) / 284.101*365
=35.7035 / 284.101*365
=45.87

Casablanca Group'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
=( (34.656 + 20.699) / 2 ) / 112.912*365 / 2
=27.6775 / 112.912*365 / 2
=44.74

* 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.


Casablanca Group  (HKSE:02223) Days Sales Outstanding Explanation

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


Casablanca Group Days Sales Outstanding Related Terms

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Casablanca Group Business Description

Traded in Other Exchanges
N/A
Address
9-13 Wong Chuk Yeung Street, 5th floor, Yan Hing Centre, Fotan, New Territories, Hong Kong, HKG
Casablanca Group Ltd is engaged in the design, production, distribution and retailing of home textile products and accessories. The company sells products including bedding sets, quilts, pillows, blankets, mattresses, towels and other household items under Casablanca, Casa Calvin and CASA-V brands. The company has operations in Hong Kong and Macau, the People's Republic of China, and others. The majority of its revenue is derived from Hong Kong and Macau.
Executives
Cheng Sze Kin 2202 Interest of your spouse
Wong Pik Hung 2202 Interest of your spouse
Cheng Sze Tsan 2101 Beneficial owner

Casablanca Group Headlines

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