Best Food Holding Co (HKSE:01488) Days Sales Outstanding : 24.27 (As of Dec. 2023)

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What is Best Food Holding Co Days Sales Outstanding?

Best Food Holding Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$44.4 Mil. Best Food Holding Co's Revenue for the six months ended in Dec. 2023 was HK$334.0 Mil. Hence, Best Food Holding Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.27.

The historical rank and industry rank for Best Food Holding Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01488' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.75 Med: 42.3 Max: 87.21
Current: 30.95

During the past 13 years, Best Food Holding Co's highest Days Sales Outstanding was 87.21. The lowest was 18.75. And the median was 42.30.

HKSE:01488's Days Sales Outstanding is ranked worse than
87.94% of 340 companies
in the Restaurants industry
Industry Median: 11.695 vs HKSE:01488: 30.95

Best Food Holding Co's Days Sales Outstanding declined from Dec. 2022 (50.72) to Dec. 2023 (24.27).

Best Food Holding Co Days Sales Outstanding Historical Data

The historical data trend for Best Food Holding Co'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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Best Food Holding Co Days Sales Outstanding Chart

Best Food Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.82

18.75

27.64

52.94

42.46

Best Food Holding Co 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															40.75	52.02	50.72	26.14	24.27

Competitive Comparison of Best Food Holding Co's Days Sales Outstanding

For the Restaurants subindustry, Best Food Holding Co'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.

Best Food Holding Co's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Best Food Holding Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Best Food Holding Co's Days Sales Outstanding falls into.

Best Food Holding Co 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.

Best Food Holding Co'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
=	( (81.085	+	74.285)	/	2 )	/	667.882	*	365
=	77.685					/	667.882	*	365
=	42.46

Best Food Holding Co'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
=	( (14.554	+	74.285)	/	2 )	/	334.008	*	365 / 2
=	44.4195					/	334.008	*	365 / 2
=	24.27

Best Food Holding Co (HKSE:01488) Days Sales Outstanding Explanation

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

Best Food Holding Co Days Sales Outstanding Related Terms

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Best Food Holding Co (HKSE:01488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Best Food Holding Co Ltd (HKSE:01488) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Finance Street, Suite 11, 70th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.bestfoodholding.com

Best Food Holding Co Ltd is principally engaged in the operation of chain restaurants. It is involved in the Chinese fast-food restaurant chain and actively seeks relevant investment opportunities along the value chain of the catering industry. Its revenue is generated from the Food and beverage business. Geographically, it derives maximum revenue from PRC. It also has operations in the USA, Canada, Italy, Germany, Hong Kong, South American countries, UK, the Netherlands, the Middle East and Africa, Other European countries, and Other Asian countries.

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