Megain Holding (Cayman) Co (HKSE:06939) Days Sales Outstanding : 119.25 (As of Dec. 2023)

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What is Megain Holding (Cayman) Co Days Sales Outstanding?

Megain Holding (Cayman) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$61.0 Mil. Megain Holding (Cayman) Co's Revenue for the six months ended in Dec. 2023 was HK$93.3 Mil. Hence, Megain Holding (Cayman) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 119.25.

The historical rank and industry rank for Megain Holding (Cayman) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:06939' s Days Sales Outstanding Range Over the Past 10 Years
Min: 120.28 Med: 139.59 Max: 203
Current: 132.92

During the past 7 years, Megain Holding (Cayman) Co's highest Days Sales Outstanding was 203.00. The lowest was 120.28. And the median was 139.59.

HKSE:06939's Days Sales Outstanding is ranked worse than
84.88% of 2461 companies
in the Hardware industry
Industry Median: 74.05 vs HKSE:06939: 132.92

Megain Holding (Cayman) Co's Days Sales Outstanding declined from Dec. 2022 (145.23) to Dec. 2023 (119.25).

Megain Holding (Cayman) Co Days Sales Outstanding Historical Data

The historical data trend for Megain Holding (Cayman) 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.

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Megain Holding (Cayman) Co Days Sales Outstanding Chart

Megain Holding (Cayman) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

203.00

139.59

120.28

163.25

143.17

Megain Holding (Cayman) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						107.99	182.93	145.23	136.16	119.25

Competitive Comparison of Megain Holding (Cayman) Co's Days Sales Outstanding

For the Computer Hardware subindustry, Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Megain Holding (Cayman) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Megain Holding (Cayman) Co's Days Sales Outstanding falls into.

Megain Holding (Cayman) 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.

Megain Holding (Cayman) Co'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
=	( (84.014	+	63.913)	/	2 )	/	188.561	*	365
=	73.9635					/	188.561	*	365
=	143.17

Megain Holding (Cayman) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (58.072	+	63.913)	/	2 )	/	93.339	*	365 / 2
=	60.9925					/	93.339	*	365 / 2
=	119.25

Megain Holding (Cayman) Co (HKSE:06939) Days Sales Outstanding Explanation

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

Megain Holding (Cayman) Co Days Sales Outstanding Related Terms

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Megain Holding (Cayman) Co (HKSE:06939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Megain Holding (Cayman) Co Ltd (HKSE:06939) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000

Website

https://www.megaincayman.com

Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.

Executives

Cheng Hsien-wei	2201 Interest of corporation controlled by you
Global Megain Technology Pte. Ltd.	2101 Beneficial owner
Arista Global Ltd.	2103 Interests held jointly with another person
Lee Kuo-chang	2103 Interests held jointly with another person
Good Loyal Corporation	2101 Beneficial owner
Yu Yiding	2201 Interest of corporation controlled by you
Lam Tsz Leung	2101 Beneficial owner

Megain Holding (Cayman) Co (HKSE:06939) Headlines

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