Reach New Holdings (HKSE:08471) Days Sales Outstanding : 0.00 (As of Dec. 2024)

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What is Reach New Holdings Days Sales Outstanding?

Reach New Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was HK$20.38 Mil. Reach New Holdings's Revenue for the three months ended in Dec. 2024 was HK$0.00 Mil.

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

HKSE:08471' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.25 Med: 64.63 Max: 190.95
Current: 190.95

During the past 10 years, Reach New Holdings's highest Days Sales Outstanding was 190.95. The lowest was 53.25. And the median was 64.63.

HKSE:08471's Days Sales Outstanding is ranked worse than
93.04% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.8 vs HKSE:08471: 190.95

Reach New Holdings's Days Sales Outstanding declined from Jun. 2023 (74.56) to Dec. 2024 (0.00).

Reach New Holdings Days Sales Outstanding Historical Data

The historical data trend for Reach New 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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Reach New Holdings Days Sales Outstanding Chart

Reach New Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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74.19

71.09

73.36

65.52

61.32

Reach New Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															74.56	98.10	70.88	-	-

Competitive Comparison of Reach New Holdings's Days Sales Outstanding

For the Textile Manufacturing subindustry, Reach New 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.

Reach New Holdings's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reach New Holdings's Days Sales Outstanding distribution charts can be found below:

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

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Reach New 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.

Reach New Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (13.998	+	18.903)	/	2 )	/	97.912	*	365
=	16.4505					/	97.912	*	365
=	61.32

Reach New Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (21.855	+	18.903)	/	2 )	/	0	*	365 / 4
=	20.379					/	0	*	365 / 4
=	N/A

Reach New Holdings (HKSE:08471) Days Sales Outstanding Explanation

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

Reach New Holdings Days Sales Outstanding Related Terms

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Reach New Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Reach New Holdings Ltd (HKSE:08471) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 6 Taihao Road, Sun Tin Lun Industrial Centre, Sandong Digital Industrial Park, Sandong Town, Guangdong Province, Huizhou, CHN

Website

http://www.sthl.com.hk

Reach New Holdings Ltd is a labelling solution provider and a one-stop garment accessories manufacturer and supplier based in China. The company is mainly engaged in the production of three types of products, which are Printed products such as hangtags, price tags and stickers; Woven labels such as woven brand labels, woven size labels and badges; and Printed labels such as printed brand labels, printed size labels and care content labels. The group's operations are located in the PRC.

Executives

Sha Xuanyi
Li Rongsheng
Lam Cheung Chuen
Neo Concept Holdings Limited	2101 Beneficial owner
Wong Ching Yuk	2202 Interest of your spouse

Reach New Holdings Headlines

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