Hong Kong Ferry (Holdings) Co (HKSE:00050) Days Sales Outstanding : 51.32 (As of Dec. 2023)

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What is Hong Kong Ferry (Holdings) Co Days Sales Outstanding?

Hong Kong Ferry (Holdings) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$57.2 Mil. Hong Kong Ferry (Holdings) Co's Revenue for the six months ended in Dec. 2023 was HK$203.3 Mil. Hence, Hong Kong Ferry (Holdings) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 51.32.

The historical rank and industry rank for Hong Kong Ferry (Holdings) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:00050' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.13 Med: 140.31 Max: 458.42
Current: 54.61

During the past 13 years, Hong Kong Ferry (Holdings) Co's highest Days Sales Outstanding was 458.42. The lowest was 20.13. And the median was 140.31.

HKSE:00050's Days Sales Outstanding is ranked worse than
60.66% of 1665 companies
in the Real Estate industry
Industry Median: 36.86 vs HKSE:00050: 54.61

Hong Kong Ferry (Holdings) Co's Days Sales Outstanding declined from Dec. 2022 (74.42) to Dec. 2023 (51.32).

Hong Kong Ferry (Holdings) Co Days Sales Outstanding Historical Data

The historical data trend for Hong Kong Ferry (Holdings) 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.

* Premium members only.

Hong Kong Ferry (Holdings) Co Days Sales Outstanding Chart

Hong Kong Ferry (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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329.61

386.24

182.16

66.45

54.30

Hong Kong Ferry (Holdings) 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															156.85	72.35	74.42	58.86	51.32

Competitive Comparison of Hong Kong Ferry (Holdings) Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Kong Ferry (Holdings) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hong Kong Ferry (Holdings) Co's Days Sales Outstanding falls into.

Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) 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
=	( (53.784	+	57.669)	/	2 )	/	374.605	*	365
=	55.7265					/	374.605	*	365
=	54.30

Hong Kong Ferry (Holdings) 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
=	( (56.696	+	57.669)	/	2 )	/	203.336	*	365 / 2
=	57.1825					/	203.336	*	365 / 2
=	51.32

Hong Kong Ferry (Holdings) Co (HKSE:00050) Days Sales Outstanding Explanation

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

Hong Kong Ferry (Holdings) Co Days Sales Outstanding Related Terms

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Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Kong Ferry (Holdings) Co Ltd (HKSE:00050) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102

Website

https://www.hkf.com

Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.

Hong Kong Ferry (Holdings) Co (HKSE:00050) Headlines

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