VSTECS Holdings (HKSE:00856) Days Sales Outstanding : 63.77 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is VSTECS Holdings Days Sales Outstanding?

VSTECS Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$13,928 Mil. VSTECS Holdings's Revenue for the six months ended in Dec. 2023 was HK$39,859 Mil. Hence, VSTECS Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 63.77.

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

HKSE:00856' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.52 Med: 65.28 Max: 68.9
Current: 67.39

During the past 13 years, VSTECS Holdings's highest Days Sales Outstanding was 68.90. The lowest was 54.52. And the median was 65.28.

HKSE:00856's Days Sales Outstanding is ranked better than
57.83% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs HKSE:00856: 67.39

VSTECS Holdings's Days Sales Outstanding declined from Dec. 2022 (65.54) to Dec. 2023 (63.77).

VSTECS Holdings Days Sales Outstanding Historical Data

The historical data trend for VSTECS 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.

* Premium members only.

VSTECS Holdings Days Sales Outstanding Chart

VSTECS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

68.90

67.63

65.02

65.54

68.45

VSTECS Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															59.41	71.50	65.54	70.47	63.77

Competitive Comparison of VSTECS Holdings's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, VSTECS 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.

VSTECS Holdings's Days Sales Outstanding Distribution in the Hardware Industry

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

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

VSTECS 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.

VSTECS 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
=	( (13070.678	+	14645.567)	/	2 )	/	73891.296	*	365
=	13858.1225					/	73891.296	*	365
=	68.45

VSTECS 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (13210.354	+	14645.567)	/	2 )	/	39858.97	*	365 / 2
=	13927.9605					/	39858.97	*	365 / 2
=	63.77

VSTECS Holdings (HKSE:00856) Days Sales Outstanding Explanation

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

VSTECS Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of VSTECS Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

VSTECS Holdings (HKSE:00856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VSTECS Holdings Ltd (HKSE:00856) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Connaught Road Central, Unit 3312, 33th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.vstecs.com

VSTECS Holdings Ltd is an investment holding company engaged in the development of information technology (IT) product channels and the provision of technical solution integration services. Its business segment consists of Consumer electronics, which provides finished IT products; Enterprise systems, which provides enterprise system tools (middleware, operating systems, Unix/NT servers, databases, and storage) for IT infrastructure and IT infrastructure design and implementation, training, maintenance, and support services; and Cloud computing. Majority of revenue is generated from enterprise system segment. Its geographical segments are North Asia and South East Asia.

Executives

Li Jialin
Liu Li
Fmr Llc	2201 Interest of corporation controlled by you
Fidelity Puritan Trust	2101 Beneficial owner
Zhong Guo Jin Chu Kou Yin Hang Shen Zhen Fen Hang	2106 Person having a security interest in shares
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you

VSTECS Holdings (HKSE:00856) Headlines

No Headlines