EFT Solutions Holdings (HKSE:08062) Days Sales Outstanding : 104.70 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is EFT Solutions Holdings Days Sales Outstanding?

EFT Solutions Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was HK$33.5 Mil. EFT Solutions Holdings's Revenue for the three months ended in Sep. 2023 was HK$29.2 Mil. Hence, EFT Solutions Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 104.70.

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

HKSE:08062' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.56 Med: 112.44 Max: 137.79
Current: 108.18

During the past 9 years, EFT Solutions Holdings's highest Days Sales Outstanding was 137.79. The lowest was 61.56. And the median was 112.44.

HKSE:08062's Days Sales Outstanding is ranked worse than
79.26% of 2734 companies
in the Software industry
Industry Median: 61.68 vs HKSE:08062: 108.18

EFT Solutions Holdings's Days Sales Outstanding declined from Sep. 2022 (130.20) to Sep. 2023 (104.70).

EFT Solutions Holdings Days Sales Outstanding Historical Data

The historical data trend for EFT Solutions Holdings'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.

EFT Solutions Holdings Days Sales Outstanding Chart

EFT Solutions Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

132.80

137.79

121.14

127.43

112.44

EFT Solutions Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															130.20	108.90	96.00	110.59	104.70

Competitive Comparison of EFT Solutions Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, EFT Solutions Holdings'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.

EFT Solutions Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, EFT Solutions Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where EFT Solutions Holdings's Days Sales Outstanding falls into.

EFT Solutions Holdings 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.

EFT Solutions Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (39.757	+	28.847)	/	2 )	/	111.347	*	365
=	34.302					/	111.347	*	365
=	112.44

EFT Solutions Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	33.473)	/	1 )	/	29.174	*	365 / 4
=	33.473					/	29.174	*	365 / 4
=	104.70

EFT Solutions Holdings (HKSE:08062) Days Sales Outstanding Explanation

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

EFT Solutions Holdings Days Sales Outstanding Related Terms

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

EFT Solutions Holdings (HKSE:08062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EFT Solutions Holdings Ltd (HKSE:08062) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.eftsolutions.com

EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.

Executives

Lam Ching Man	2202 Interest of your spouse
Lo Chun Kit Andrew	2101 Beneficial owner
Lck Group Limited	2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

No Headlines