Bortex Global (HKSE:08118) Days Sales Outstanding : 514.60 (As of Oct. 2023)

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What is Bortex Global Days Sales Outstanding?

Bortex Global's average Accounts Receivable for the three months ended in Oct. 2023 was HK$11.18 Mil. Bortex Global's Revenue for the three months ended in Oct. 2023 was HK$1.98 Mil. Hence, Bortex Global's Days Sales Outstanding for the three months ended in Oct. 2023 was 514.60.

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

HKSE:08118' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.33 Med: 97.93 Max: 169.34
Current: 169.34

During the past 9 years, Bortex Global's highest Days Sales Outstanding was 169.34. The lowest was 5.33. And the median was 97.93.

HKSE:08118's Days Sales Outstanding is ranked worse than
95.93% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 52.935 vs HKSE:08118: 169.34

Bortex Global's Days Sales Outstanding increased from Oct. 2022 (378.35) to Oct. 2023 (514.60).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Bortex Global Days Sales Outstanding Historical Data

The historical data trend for Bortex Global'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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Bortex Global Days Sales Outstanding Chart

Bortex Global Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Sales Outstanding

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116.72

116.40

90.00

111.40

146.11

Bortex Global Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Sales Outstanding	Get a 7-Day Free Trial															378.35	463.52	141.87	53.52	514.60

Competitive Comparison of Bortex Global's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Bortex Global'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.

Bortex Global's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bortex Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Bortex Global's Days Sales Outstanding falls into.

Bortex Global 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.

Bortex Global's Days Sales Outstanding for the fiscal year that ended in Apr. 2023 is calculated as

	Days Sales Outstanding (A: Apr. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )	*	Days in Period
=	( (42.106	+	14.388)	/	2 )	/	70.562	*	365
=	28.247					/	70.562	*	365
=	146.11

Bortex Global's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding (Q: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (0	+	11.183)	/	1 )	/	1.983	*	365 / 4
=	11.183					/	1.983	*	365 / 4
=	514.60

Bortex Global (HKSE:08118) Days Sales Outstanding Explanation

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

Bortex Global Days Sales Outstanding Related Terms

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Bortex Global (HKSE:08118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bortex Global Ltd (HKSE:08118) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Hung To Road, Room 29, 8th floor, Career and Kenson Industrial Mansion, Kowloon, Kwun Tong, Hong Kong, HKG

Website

http://www.bortex.com.cn

Bortex Global Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, trading, and manufacturing of Light Emitting Diode(LED) lighting products. Its LEDs are bifurcated into LED decorative lighting and LED luminaire lighting, out of which the majority of the revenue is generated from the LED decorative lighting. Its geographical segments include Canada, the United States, PRC, Hong Kong, and others.

Executives

Real Charm Corp
Chung Yu Chun
Shiu Kwok Leung

Bortex Global (HKSE:08118) Headlines

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