Wisdom Education International Holdings Co (HKSE:06068) Days Sales Outstanding : 1,096.64 (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Wisdom Education International Holdings Co Days Sales Outstanding?

Wisdom Education International Holdings Co's average Accounts Receivable for the six months ended in Feb. 2024 was HK$520.5 Mil. Wisdom Education International Holdings Co's Revenue for the six months ended in Feb. 2024 was HK$86.6 Mil. Hence, Wisdom Education International Holdings Co's Days Sales Outstanding for the six months ended in Feb. 2024 was 1,096.64.

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

HKSE:06068' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.83 Med: 21.07 Max: 1025.28
Current: 1025.28

During the past 11 years, Wisdom Education International Holdings Co's highest Days Sales Outstanding was 1025.28. The lowest was 7.83. And the median was 21.07.

HKSE:06068's Days Sales Outstanding is ranked worse than
98.4% of 250 companies
in the Education industry
Industry Median: 29.715 vs HKSE:06068: 1025.28

Wisdom Education International Holdings Co's Days Sales Outstanding increased from Feb. 2023 (434.87) to Feb. 2024 (1,096.64).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Wisdom Education International Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Wisdom Education International Holdings 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.

Wisdom Education International Holdings Co Days Sales Outstanding Chart

Wisdom Education International Holdings Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Sales Outstanding

Get a 7-Day Free Trial

19.95

7.83

352.45

588.24

1,033.61

Wisdom Education International Holdings Co Semi-Annual Data
	Aug14	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Sales Outstanding	Get a 7-Day Free Trial															302.93	434.87	206.82	1,096.64	960.65

Competitive Comparison of Wisdom Education International Holdings Co's Days Sales Outstanding

For the Education & Training Services subindustry, Wisdom Education International Holdings 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.

Wisdom Education International Holdings Co's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Wisdom Education International Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wisdom Education International Holdings Co's Days Sales Outstanding falls into.

Wisdom Education International Holdings 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.

Wisdom Education International Holdings Co's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (613.32	+	497.773)	/	2 )	/	344.714	*	365
=	555.5465					/	344.714	*	365
=	588.24

Wisdom Education International Holdings Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (497.773	+	543.236)	/	2 )	/	86.621	*	365 / 2
=	520.5045					/	86.621	*	365 / 2
=	1,096.64

Wisdom Education International Holdings Co (HKSE:06068) Days Sales Outstanding Explanation

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

Wisdom Education International Holdings Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Wisdom Education International Holdings Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Wisdom Education International Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Wisdom Education International Holdings Co Ltd (HKSE:06068) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5Q4:Germany

Address

No. 68 Guangming Da Dao, Dongcheng District, Dongguan, CHN

Website

http://www.wisdomeducationintl.com

Wisdom Education International Holdings Co Ltd is a private education group operating premium primary and secondary schools in China. Its service line includes School-related supply chain business and comprehensive educational services out of which it generates the majority of its revenue from the School-related supply chain business. Geographically it generates key revenue from the Mainland, PRC.

Executives

Liu Xuebin	2101 Beneficial owner
Li Suwen	2101 Beneficial owner
Bright Education (holdings) Co. Limited	2101 Beneficial owner
Bright Education Investment Co. Limited	2101 Beneficial owner

Wisdom Education International Holdings Co Headlines

No Headlines