Pax Global Technology (HKSE:00327) Days Sales Outstanding : 147.75 (As of Dec. 2023)

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What is Pax Global Technology Days Sales Outstanding?

Pax Global Technology's average Accounts Receivable for the six months ended in Dec. 2023 was HK$2,543 Mil. Pax Global Technology's Revenue for the six months ended in Dec. 2023 was HK$3,141 Mil. Hence, Pax Global Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 147.75.

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

HKSE:00327' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.59 Med: 117.87 Max: 151.74
Current: 134.74

During the past 13 years, Pax Global Technology's highest Days Sales Outstanding was 151.74. The lowest was 88.59. And the median was 117.87.

HKSE:00327's Days Sales Outstanding is ranked worse than
80.49% of 2957 companies
in the Industrial Products industry
Industry Median: 79.38 vs HKSE:00327: 134.74

Pax Global Technology's Days Sales Outstanding increased from Dec. 2022 (118.23) to Dec. 2023 (147.75).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Pax Global Technology Days Sales Outstanding Historical Data

The historical data trend for Pax Global Technology'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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Pax Global Technology Days Sales Outstanding Chart

Pax Global Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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126.10

94.37

88.59

100.07

136.58

Pax Global Technology 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															91.53	103.81	118.23	121.56	147.75

Competitive Comparison of Pax Global Technology's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Pax Global Technology'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.

Pax Global Technology's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pax Global Technology's Days Sales Outstanding distribution charts can be found below:

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

Pax Global Technology 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.

Pax Global Technology'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
=	( (2344.965	+	2676.334)	/	2 )	/	6709.324	*	365
=	2510.6495					/	6709.324	*	365
=	136.58

Pax Global Technology'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
=	( (2409.092	+	2676.334)	/	2 )	/	3140.76	*	365 / 2
=	2542.713					/	3140.76	*	365 / 2
=	147.75

Pax Global Technology (HKSE:00327) Days Sales Outstanding Explanation

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

Pax Global Technology Days Sales Outstanding Related Terms

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Pax Global Technology (HKSE:00327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pax Global Technology Ltd (HKSE:00327) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PXGYF:USA P8X:Germany

Address

30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.paxglobal.com.hk

Pax Global Technology Ltd sells a variety of electronic payment devices. The company's products can be organized into three categories based on product type. The E-payment terminals, which generate the majority of revenue, are wireless handheld devices that enable users to pay through the swipe through or insert of a credit or debit card. The E-payment terminals are used by restaurants and retailers. The consumer activated devices are used to support a variety of connection options for the E-payment terminals. Contactless devices enable users to pay without having to swipe or insert a card.

Pax Global Technology (HKSE:00327) Headlines

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