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Folangsi Co (HKSE:02499) Days Sales Outstanding : 85.12 (As of Dec. 2024)


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What is Folangsi Co Days Sales Outstanding?

Folangsi Co's average Accounts Receivable for the six months ended in Dec. 2024 was HK$440 Mil. Folangsi Co's Revenue for the six months ended in Dec. 2024 was HK$943 Mil. Hence, Folangsi Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 85.12.

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

HKSE:02499' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.82   Med: 86.84   Max: 90.19
Current: 89.66

During the past 5 years, Folangsi Co's highest Days Sales Outstanding was 90.19. The lowest was 76.82. And the median was 86.84.

HKSE:02499's Days Sales Outstanding is ranked worse than
62.38% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 74.925 vs HKSE:02499: 89.66

Folangsi Co's Days Sales Outstanding declined from Dec. 2023 (90.37) to Dec. 2024 (85.12).


Folangsi Co Days Sales Outstanding Historical Data

The historical data trend for Folangsi Co'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.

Folangsi Co Days Sales Outstanding Chart

Folangsi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
90.19 76.82 87.30 86.84 86.05

Folangsi Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial - 82.88 90.37 99.45 85.12

Competitive Comparison of Folangsi Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Folangsi Co'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.


Folangsi Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Folangsi Co's Days Sales Outstanding falls into.


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Folangsi Co 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.

Folangsi Co'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
=( (392.983 + 417.987) / 2 ) / 1719.878*365
=405.485 / 1719.878*365
=86.05

Folangsi Co'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
=( (461.248 + 417.987) / 2 ) / 942.563*365 / 2
=439.6175 / 942.563*365 / 2
=85.12

* 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.


Folangsi Co  (HKSE:02499) Days Sales Outstanding Explanation

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


Folangsi Co Days Sales Outstanding Related Terms

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Folangsi Co Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440
Folangsi Co Ltd is a leading provider of intralogistics equipment solutions in China. They offer comprehensive services for the entire intralogistics equipment lifecycle, including subscription services, repair maintenance, and disposal. The company generates most of its revenue from equipment subscriptions and maintenance and repair services. Sales of intralogistics equipment and parts - where new and used intralogistics equipment, as well as related parts, are sold to meet customers' demands.
Executives
Hou Zebing
Hou Zekuan
Guangzhou Daze Investment Partnership (limited Partnership)
Yin Junping 2201 Interest of corporation controlled by you
Shenzhen Xinyu Equity Investment Enterprise (limited Partnership)
Zhang Gaozhao
Li Yan 2201 Interest of corporation controlled by you
Shang Hai Ding Man Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ding Xiao Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Ning Bo Ding Ji Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Zhong Ding Chuang Ye Er Hao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner

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