Hi-Level Technology Holdings (HKSE:08113) Days Sales Outstanding : 36.12 (As of Dec. 2023)

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What is Hi-Level Technology Holdings Days Sales Outstanding?

Hi-Level Technology Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$102 Mil. Hi-Level Technology Holdings's Revenue for the three months ended in Dec. 2023 was HK$257 Mil. Hence, Hi-Level Technology Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.12.

The historical rank and industry rank for Hi-Level Technology Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:08113' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.84 Med: 30.28 Max: 36.04
Current: 35.24

During the past 10 years, Hi-Level Technology Holdings's highest Days Sales Outstanding was 36.04. The lowest was 19.84. And the median was 30.28.

HKSE:08113's Days Sales Outstanding is ranked better than
90.12% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs HKSE:08113: 35.24

Hi-Level Technology Holdings's Days Sales Outstanding increased from Dec. 2022 (26.83) to Dec. 2023 (36.12).

Hi-Level Technology Holdings Days Sales Outstanding Historical Data

The historical data trend for Hi-Level Technology 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.

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Hi-Level Technology Holdings Days Sales Outstanding Chart

Hi-Level Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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34.77

25.05

19.84

27.24

32.85

Hi-Level Technology Holdings 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															26.83	33.50	35.82	40.52	36.12

Competitive Comparison of Hi-Level Technology Holdings's Days Sales Outstanding

For the Electronic Components subindustry, Hi-Level Technology 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.

Hi-Level Technology Holdings's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hi-Level Technology Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hi-Level Technology Holdings's Days Sales Outstanding falls into.

Hi-Level Technology 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.

Hi-Level Technology Holdings'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
=	( (114.66	+	101.82)	/	2 )	/	1202.816	*	365
=	108.24					/	1202.816	*	365
=	32.85

Hi-Level Technology Holdings'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	+	101.82)	/	1 )	/	257.216	*	365 / 4
=	101.82					/	257.216	*	365 / 4
=	36.12

Hi-Level Technology Holdings (HKSE:08113) Days Sales Outstanding Explanation

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

Hi-Level Technology Holdings Days Sales Outstanding Related Terms

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Hi-Level Technology Holdings (HKSE:08113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hi-Level Technology Holdings Ltd (HKSE:08113) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Ma Tau Wai Road, Room 614, 6th Floor, Tower B, Hunghom Commercial Centre, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.hi-levelhk.com

Hi-Level Technology Holdings Ltd is engaged in the sale of electronic components like integrated circuit (IC) and panels for consumer electronics products such as mobile internet devices, electronic learning aids, smartphone panel modules, tablets, set-top boxes, video image devices, and multi-media players. The company has one business segment that is Sale of electronics products. Geographically the group has a business presence in the PRC, Hong Kong, Taiwan, Korea and others, of which key revenue is derived from the PRC.

Executives

Wei Wei	2101 Beneficial owner
Chang Wei Hua	2101 Beneficial owner
S.a.s. Dragon Holdings Limited	2501 Other
S.a.s. Investment Company Limited	2101 Beneficial owner
Unimicro Limited	2501 Other
Vertex Value Limited	2101 Beneficial owner
Victory Echo Holdings Limited	2101 Beneficial owner
Yim Yuk Lun, Stanley	2201 Interest of corporation controlled by you

Hi-Level Technology Holdings (HKSE:08113) Headlines

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