Futu Holdings (Futu Holdings) Days Sales Outstanding : 395.70 (As of Dec. 2023)

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What is Futu Holdings Days Sales Outstanding?

Futu Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $1,318 Mil. Futu Holdings's Revenue for the three months ended in Dec. 2023 was $304 Mil. Hence, Futu Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 395.70.

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

FUTU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 260.88 Med: 480.99 Max: 3410.72
Current: 414.02

During the past 8 years, Futu Holdings's highest Days Sales Outstanding was 3410.72. The lowest was 260.88. And the median was 480.99.

FUTU's Days Sales Outstanding is ranked worse than
82.91% of 556 companies
in the Capital Markets industry
Industry Median: 62.115 vs FUTU: 414.02

Futu Holdings's Days Sales Outstanding increased from Dec. 2022 (338.85) to Dec. 2023 (395.70).

Futu Holdings Days Sales Outstanding Historical Data

The historical data trend for Futu 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.

Futu Holdings Days Sales Outstanding Chart

Futu Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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440.86

543.47

476.40

485.57

364.82

Futu Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															338.85	406.23	481.99	419.66	395.70

Competitive Comparison of Futu Holdings's Days Sales Outstanding

For the Capital Markets subindustry, Futu 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.

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

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

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

Futu 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.

Futu 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
=	( (1262.449	+	1299.348)	/	2 )	/	1281.52	*	365
=	1280.8985					/	1281.52	*	365
=	364.82

Futu 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1336.204	+	1299.348)	/	2 )	/	303.883	*	365 / 4
=	1317.776					/	303.883	*	365 / 4
=	395.70

Futu Holdings (NAS:FUTU) Days Sales Outstanding Explanation

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

Futu Holdings Days Sales Outstanding Related Terms

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Futu Holdings (Futu Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0FUT:UK 6FHA:Germany 6FHA:Germany

Address

No. 18 Bonham Strand West, 11th Floor, Bangkok Bank Building, Sheung Wan, Hong Kong, HKG

Website

https://www.futuholdings.com

Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.