Impro Precision Industries (HKSE:01286) Days Sales Outstanding : 89.89 (As of Dec. 2023)

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What is Impro Precision Industries Days Sales Outstanding?

Impro Precision Industries's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,083 Mil. Impro Precision Industries's Revenue for the six months ended in Dec. 2023 was HK$2,200 Mil. Hence, Impro Precision Industries's Days Sales Outstanding for the six months ended in Dec. 2023 was 89.89.

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

HKSE:01286' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.35 Med: 79.59 Max: 88.04
Current: 85.01

During the past 8 years, Impro Precision Industries's highest Days Sales Outstanding was 88.04. The lowest was 74.35. And the median was 79.59.

HKSE:01286's Days Sales Outstanding is ranked worse than
54.91% of 2956 companies
in the Industrial Products industry
Industry Median: 79.355 vs HKSE:01286: 85.01

Impro Precision Industries's Days Sales Outstanding increased from Dec. 2022 (87.36) to Dec. 2023 (89.89).

Impro Precision Industries Days Sales Outstanding Historical Data

The historical data trend for Impro Precision Industries'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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Impro Precision Industries Days Sales Outstanding Chart

Impro Precision Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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81.29

88.04

74.35

81.52

82.32

Impro Precision Industries Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									78.90	79.65	87.36	83.13	89.89

Competitive Comparison of Impro Precision Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Impro Precision Industries'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.

Impro Precision Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Impro Precision Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Impro Precision Industries's Days Sales Outstanding falls into.

Impro Precision Industries 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.

Impro Precision Industries'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
=	( (1050.511	+	1026.376)	/	2 )	/	4604.378	*	365
=	1038.4435					/	4604.378	*	365
=	82.32

Impro Precision Industries'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
=	( (1140.28	+	1026.376)	/	2 )	/	2199.535	*	365 / 2
=	1083.328					/	2199.535	*	365 / 2
=	89.89

Impro Precision Industries (HKSE:01286) Days Sales Outstanding Explanation

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

Impro Precision Industries Days Sales Outstanding Related Terms

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Impro Precision Industries (HKSE:01286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Impro Precision Industries Ltd (HKSE:01286) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7IP:Germany

Address

6-8 Harbour Road, Unit 803, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.improprecision.com

Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. Its geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.

Impro Precision Industries (HKSE:01286) Headlines

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