SMIT Holdings (HKSE:02239) Days Sales Outstanding : 262.43 (As of Dec. 2024)

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What is SMIT Holdings Days Sales Outstanding?

SMIT Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was HK$59.4 Mil. SMIT Holdings's Revenue for the six months ended in Dec. 2024 was HK$41.3 Mil. Hence, SMIT Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 262.43.

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

HKSE:02239' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.07 Med: 159.15 Max: 331.02
Current: 211.73

During the past 12 years, SMIT Holdings's highest Days Sales Outstanding was 331.02. The lowest was 70.07. And the median was 159.15.

HKSE:02239's Days Sales Outstanding is ranked worse than
92.75% of 1034 companies
in the Business Services industry
Industry Median: 59.62 vs HKSE:02239: 211.73

SMIT Holdings's Days Sales Outstanding increased from Dec. 2023 (104.43) to Dec. 2024 (262.43).

SMIT Holdings Days Sales Outstanding Historical Data

The historical data trend for SMIT 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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SMIT Holdings Days Sales Outstanding Chart

SMIT Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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253.48

331.02

230.35

149.46

204.63

SMIT Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															82.48	106.33	104.43	186.97	262.43

Competitive Comparison of SMIT Holdings's Days Sales Outstanding

For the Security & Protection Services subindustry, SMIT 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.

SMIT Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMIT Holdings's Days Sales Outstanding distribution charts can be found below:

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

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SMIT 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.

SMIT Holdings'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: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (70.811	+	50.994)	/	2 )	/	108.633	*	365
=	60.9025					/	108.633	*	365
=	204.63

SMIT Holdings'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
=	( (67.806	+	50.994)	/	2 )	/	41.308	*	365 / 2
=	59.4					/	41.308	*	365 / 2
=	262.43

SMIT Holdings (HKSE:02239) Days Sales Outstanding Explanation

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

SMIT Holdings Days Sales Outstanding Related Terms

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SMIT Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMIT Holdings Ltd (HKSE:02239) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202-04, 42nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.smit.com.cn/engr/engr_about.html

SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Rapid Verification Systems and Software, and IC Solutions. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong).

Executives

Zhang Shiyun	2202 Interest of your spouse
Ever Expert Holdings Limited	2101 Beneficial owner
Huang Xueliang	2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Guo Wei Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you

SMIT Holdings Headlines

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