ETS Group (HKSE:08031) Days Sales Outstanding : 135.07 (As of Dec. 2023)

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What is ETS Group Days Sales Outstanding?

ETS Group's average Accounts Receivable for the three months ended in Dec. 2023 was HK$30.76 Mil. ETS Group's Revenue for the three months ended in Dec. 2023 was HK$20.78 Mil. Hence, ETS Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 135.07.

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

HKSE:08031' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.57 Med: 109.24 Max: 213.63
Current: 153.25

During the past 13 years, ETS Group's highest Days Sales Outstanding was 213.63. The lowest was 76.57. And the median was 109.24.

HKSE:08031's Days Sales Outstanding is ranked worse than
89.93% of 1043 companies
in the Business Services industry
Industry Median: 58.62 vs HKSE:08031: 153.25

ETS Group's Days Sales Outstanding declined from Dec. 2022 (167.64) to Dec. 2023 (135.07).

ETS Group Days Sales Outstanding Historical Data

The historical data trend for ETS Group'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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ETS Group Days Sales Outstanding Chart

ETS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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89.34

120.62

169.71

213.63

169.49

ETS Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															167.64	193.28	131.30	119.77	135.07

Competitive Comparison of ETS Group's Days Sales Outstanding

For the Staffing & Employment Services subindustry, ETS Group'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.

ETS Group's Days Sales Outstanding Distribution in the Business Services Industry

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

* The bar in red indicates where ETS Group's Days Sales Outstanding falls into.

ETS Group 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.

ETS Group'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
=	( (42.352	+	30.755)	/	2 )	/	78.719	*	365
=	36.5535					/	78.719	*	365
=	169.49

ETS Group'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	30.755)	/	1 )	/	20.778	*	365 / 4
=	30.755					/	20.778	*	365 / 4
=	135.07

ETS Group (HKSE:08031) Days Sales Outstanding Explanation

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

ETS Group Days Sales Outstanding Related Terms

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ETS Group (HKSE:08031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ETS Group Ltd (HKSE:08031) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1163 Canton Road, 4th Floor, China Paint Building, Mongkok, Kowloon, HKG

Website

http://www.etsgroup.com.hk

ETS Group Ltd is engaged in the business of providing comprehensive multi-media contact services and contact center systems. It has its services in six operating segments: Outsourcing inbound contact service, Outsourcing outbound contact service, Staff insourcing service, Contact service centre & service centre facilities management service, Financial services, and others segment. Key revenue is earned from Staff insourcing services.

Executives

Pine Care Group Limited	2201 Interest of corporation controlled by you
Pine Care Titanium Limited	2101 Beneficial owner
Chime Corporation Limited	2201 Interest of corporation controlled by you
Jong Yat Kit (in The Capacity As The Receiver)	2304 Executor or administrator
Wong Tak Wai	2304 Executor or administrator
Tang Yiu Sing	2304 Executor or administrator
Tang Yiu Man Raymond	2304 Executor or administrator

ETS Group (HKSE:08031) Headlines

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