SIM Technology Group (HKSE:02000) Days Sales Outstanding : 38.87 (As of Dec. 2023)

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What is SIM Technology Group Days Sales Outstanding?

SIM Technology Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$52.4 Mil. SIM Technology Group's Revenue for the six months ended in Dec. 2023 was HK$246.2 Mil. Hence, SIM Technology Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 38.87.

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

HKSE:02000' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.39 Med: 43.85 Max: 131.93
Current: 39.81

During the past 13 years, SIM Technology Group's highest Days Sales Outstanding was 131.93. The lowest was 29.39. And the median was 43.85.

HKSE:02000's Days Sales Outstanding is ranked better than
87.02% of 2457 companies
in the Hardware industry
Industry Median: 74.25 vs HKSE:02000: 39.81

SIM Technology Group's Days Sales Outstanding increased from Dec. 2022 (38.45) to Dec. 2023 (38.87).

SIM Technology Group Days Sales Outstanding Historical Data

The historical data trend for SIM Technology Group'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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SIM Technology Group Days Sales Outstanding Chart

SIM Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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125.64

131.93

67.48

46.84

40.85

SIM Technology Group 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															55.91	55.43	38.45	39.65	38.87

Competitive Comparison of SIM Technology Group's Days Sales Outstanding

For the Communication Equipment subindustry, SIM Technology Group'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.

SIM Technology Group's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where SIM Technology Group's Days Sales Outstanding falls into.

SIM Technology Group 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.

SIM Technology Group'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
=	( (73.123	+	48.623)	/	2 )	/	543.94	*	365
=	60.873					/	543.94	*	365
=	40.85

SIM Technology Group'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
=	( (56.248	+	48.623)	/	2 )	/	246.186	*	365 / 2
=	52.4355					/	246.186	*	365 / 2
=	38.87

SIM Technology Group (HKSE:02000) Days Sales Outstanding Explanation

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

SIM Technology Group Days Sales Outstanding Related Terms

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SIM Technology Group (HKSE:02000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SIM Technology Group Ltd (HKSE:02000) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SIMTF:USA 912000:Taiwan

Address

No. 633 Jinzhong Road, Building A, SIM Technology Building, Changning District, Shanghai, CHN, 200335

Website

http://www.sim.com

SIM Technology Group Ltd is a mobile communication and Internet of Things developer. It operates its business through segments that are Handsets and Internet of things terminals business (Handsets and IOT terminals business), Electronic manufacturing services business, Internet of things system and O2O business, and Property management. Handsets and the internet of Things terminals business segment generate the revenue. The group derives revenue from the PRC, Europe, the U.S, Hong Kong, and other Asian countries.

Executives

Wong Cho Tung	2101 Beneficial owner
Yeung Man Ying	2101 Beneficial owner
Info Dynasty Group Limited	2101 Beneficial owner
Intellipower Investments Limited	2101 Beneficial owner

SIM Technology Group (HKSE:02000) Headlines

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