SWIN (Solowin Holdings) Days Sales Outstanding : 286.91 (As of Sep. 2024)

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What is Solowin Holdings Days Sales Outstanding?

Solowin Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was $1.71 Mil. Solowin Holdings's Revenue for the six months ended in Sep. 2024 was $1.09 Mil. Hence, Solowin Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 286.91.

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

SWIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.8 Med: 72.46 Max: 196.67
Current: 196.67

During the past 4 years, Solowin Holdings's highest Days Sales Outstanding was 196.67. The lowest was 28.80. And the median was 72.46.

SWIN's Days Sales Outstanding is ranked worse than
73.49% of 562 companies
in the Capital Markets industry
Industry Median: 53.12 vs SWIN: 196.67

Solowin Holdings's Days Sales Outstanding increased from Sep. 2023 (80.57) to Sep. 2024 (286.91).

Warning Sign:

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

Solowin Holdings Days Sales Outstanding Historical Data

The historical data trend for Solowin 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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Solowin Holdings Days Sales Outstanding Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

82.38

28.80

62.54

176.04

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial			63.39	51.14	80.57	214.00	286.91

Competitive Comparison of Solowin Holdings's Days Sales Outstanding

For the Capital Markets subindustry, Solowin 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.

Solowin Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's Days Sales Outstanding distribution charts can be found below:

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

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Solowin 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.

Solowin Holdings'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
=	( (1.279	+	2.888)	/	2 )	/	4.32	*	365
=	2.0835					/	4.32	*	365
=	176.04

Solowin Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (2.888	+	0.536)	/	2 )	/	1.089	*	365 / 2
=	1.712					/	1.089	*	365 / 2
=	286.91

Solowin Holdings (NAS:SWIN) Days Sales Outstanding Explanation

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

Solowin Holdings Days Sales Outstanding Related Terms

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Solowin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings Ltd is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secured one-stop electronic platform. It is engaged in providing securities related services, investment advisory service, and asset management service to customers. The operations were organized into four reportable segments: securities related services, investment advisory services, corporate consultancy services, and asset management services. It derives maximum revenue from investment advisory services.