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Howkingtech International Holding (HKSE:02440) Days Sales Outstanding : 265.91 (As of Jun. 2023)


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What is Howkingtech International Holding Days Sales Outstanding?

Howkingtech International Holding's average Accounts Receivable for the six months ended in Jun. 2023 was HK$281.7 Mil. Howkingtech International Holding's Revenue for the six months ended in Jun. 2023 was HK$193.3 Mil. Hence, Howkingtech International Holding's Days Sales Outstanding for the six months ended in Jun. 2023 was 265.91.

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

HKSE:02440' s Days Sales Outstanding Range Over the Past 10 Years
Min: 230.96   Med: 269.82   Max: 324.39
Current: 230.96

During the past 5 years, Howkingtech International Holding's highest Days Sales Outstanding was 324.39. The lowest was 230.96. And the median was 269.82.

HKSE:02440's Days Sales Outstanding is ranked worse than
97.07% of 375 companies
in the Telecommunication Services industry
Industry Median: 56.53 vs HKSE:02440: 230.96

Howkingtech International Holding's Days Sales Outstanding declined from Jun. 2022 (368.81) to Jun. 2023 (265.91).

Howkingtech International Holding Days Sales Outstanding Historical Data

The historical data trend for Howkingtech International 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.

Howkingtech International Holding Days Sales Outstanding Chart

Howkingtech International Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
324.39 269.86 269.78 234.84 233.75

Howkingtech International Holding Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial - 368.81 181.26 265.91 205.21

Competitive Comparison of Howkingtech International Holding's Days Sales Outstanding

For the Telecom Services subindustry, Howkingtech International 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.

Howkingtech International Holding's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Howkingtech International Holding's Days Sales Outstanding distribution charts can be found below:

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


Howkingtech International 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.

Howkingtech International Holding's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (199.733 + 265.805) / 2 ) / 361.775*365
=232.769 / 361.775*365
=234.84

Howkingtech International Holding's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (265.805 + 297.535) / 2 ) / 193.319*365 / 2
=281.67 / 193.319*365 / 2
=265.91

* 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.

Howkingtech International Holding  (HKSE:02440) Days Sales Outstanding Explanation

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

Howkingtech International Holding Days Sales Outstanding Related Terms

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Howkingtech International Holding (HKSE:02440) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Howkingtech International Holding Ltd (HKSE:02440) » Definitions » Days Sales Outstanding
Comparable Companies
HKSE:08167 HKSE:08645 HKSE:01723 HKSE:00524 HKSE:08337 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9433 HKSE:00728 CHTR TSE:9984 TSE:9434 AMX B SAU:7010
Traded in Other Exchanges
N/A
Address
No. 9, East Mozhou Road, Jiangning Economic and Technological Development Zone, Building B4, Nanjing, CHN
Website
http://www.howkingtech.com
Howkingtech International Holding Ltd is a provider for data transmission and processing services for IoT applications and telecommunication equipment in China, serving a broad range of industrial customers. It mainly provides customized data transmission and processing services to customers in manufacturing, municipal services and other industries in China, and research, develop and sell telecommunication equipment.
Executives
Wang Zheshi 2101 Beneficial owner
Chen Ping 2202 Interest of your spouse
Howkingtech Holding Limited 2101 Beneficial owner
Jin Yan 2201 Interest of corporation controlled by you
Ban Lifeng 2201 Interest of corporation controlled by you
Xie Xiongqing 2201 Interest of corporation controlled by you
Ye Xiang 2201 Interest of corporation controlled by you
Ding Di 2201 Interest of corporation controlled by you
Wu Chak Man 2101 Beneficial owner
Ning Bo Hui Xin Zhi Yuan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Ning Bo Xin Hui Qian Hai Gu Quan Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Jin Yuan Zhang Fu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shen Zhen Hui Xin Qian Hai Gu Quan Tou Zi Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

Howkingtech International Holding (HKSE:02440) Headlines

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