Tasty Concepts Holding (HKSE:08096) Days Sales Outstanding : 46.93 (As of Sep. 2023)

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What is Tasty Concepts Holding Days Sales Outstanding?

Tasty Concepts Holding's average Accounts Receivable for the three months ended in Sep. 2023 was HK$5.88 Mil. Tasty Concepts Holding's Revenue for the three months ended in Sep. 2023 was HK$11.43 Mil. Hence, Tasty Concepts Holding's Days Sales Outstanding for the three months ended in Sep. 2023 was 46.93.

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

HKSE:08096' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.15 Med: 16.48 Max: 62.68
Current: 51.62

During the past 8 years, Tasty Concepts Holding's highest Days Sales Outstanding was 62.68. The lowest was 7.15. And the median was 16.48.

HKSE:08096's Days Sales Outstanding is ranked worse than
95.65% of 345 companies
in the Restaurants industry
Industry Median: 11.58 vs HKSE:08096: 51.62

Tasty Concepts Holding's Days Sales Outstanding declined from Sep. 2022 (55.40) to Sep. 2023 (46.93).

Tasty Concepts Holding Days Sales Outstanding Historical Data

The historical data trend for Tasty Concepts Holding'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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Tasty Concepts Holding Days Sales Outstanding Chart

Tasty Concepts Holding Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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13.61

7.15

32.15

50.22

62.68

Tasty Concepts Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															80.56	40.57	43.58	46.93	-

Competitive Comparison of Tasty Concepts Holding's Days Sales Outstanding

For the Restaurants subindustry, Tasty Concepts Holding'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.

Tasty Concepts Holding's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tasty Concepts Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tasty Concepts Holding's Days Sales Outstanding falls into.

Tasty Concepts Holding 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.

Tasty Concepts Holding's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (5.747	+	7.403)	/	2 )	/	38.288	*	365
=	6.575					/	38.288	*	365
=	62.68

Tasty Concepts Holding'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	+	5.877)	/	1 )	/	11.428	*	365 / 4
=	5.877					/	11.428	*	365 / 4
=	46.93

Tasty Concepts Holding (HKSE:08096) Days Sales Outstanding Explanation

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

Tasty Concepts Holding Days Sales Outstanding Related Terms

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Tasty Concepts Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tasty Concepts Holding Ltd (HKSE:08096) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

63-69 Wellington Street, Ground Floor, Fortuna Building, Central, HKG

Website

https://www.butaoramen.com

Tasty Concepts Holding Ltd is an investment holding company. The group is engaged in the operation of Japanese ramen restaurants in Hong Kong and the PRC. The company derives maximum revenue from Hong Kong. It also earns revenue from the sales of food and related products and royalty fee income from a franchisee which is located in PRC and Macau.

Executives

Goldstone 1 Lpf	2101 Beneficial owner
Goldstone Wealth Management Limited	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
China New Consumption Group Limited	2201 Interest of corporation controlled by you
Everest Enterprise Company Limited	2201 Interest of corporation controlled by you
Longson Enterprise Development Company Limited	2101 Beneficial owner
Brilliant Trade Enterprises Limited	2101 Beneficial owner
Lee Wai Yu Giselle	2202 Interest of your spouse
Tai Shiu Bun Mariana	2202 Interest of your spouse
Tang Chun Ho Chandler	2201 Interest of corporation controlled by you
Tang Hing Chee	2201 Interest of corporation controlled by you

Tasty Concepts Holding Headlines

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