Upbest Group (HKSE:00335) Days Sales Outstanding : 2,047.98 (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Upbest Group Days Sales Outstanding?

Upbest Group's average Accounts Receivable for the six months ended in Sep. 2023 was HK$760.5 Mil. Upbest Group's Revenue for the six months ended in Sep. 2023 was HK$67.8 Mil. Hence, Upbest Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 2,047.98.

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

HKSE:00335' s Days Sales Outstanding Range Over the Past 10 Years
Min: 379.33 Med: 1322.67 Max: 2833.96
Current: 2458.67

During the past 13 years, Upbest Group's highest Days Sales Outstanding was 2833.96. The lowest was 379.33. And the median was 1322.67.

HKSE:00335's Days Sales Outstanding is ranked worse than
96.77% of 558 companies
in the Capital Markets industry
Industry Median: 62.145 vs HKSE:00335: 2458.67

Upbest Group's Days Sales Outstanding declined from Sep. 2022 (2,849.39) to Sep. 2023 (2,047.98).

Upbest Group Days Sales Outstanding Historical Data

The historical data trend for Upbest 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.

* Premium members only.

Upbest Group Days Sales Outstanding Chart

Upbest Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

1,020.47

1,714.09

2,833.96

2,652.72

2,667.28

Upbest Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															2,314.79	2,955.44	2,849.39	2,828.13	2,047.98

Competitive Comparison of Upbest Group's Days Sales Outstanding

For the Capital Markets subindustry, Upbest 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.

Upbest Group's Days Sales Outstanding Distribution in the Capital Markets Industry

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

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

Upbest 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.

Upbest Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (941.657	+	738.527)	/	2 )	/	114.961	*	365
=	840.092					/	114.961	*	365
=	2,667.28

Upbest Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (738.527	+	782.52)	/	2 )	/	67.772	*	365 / 2
=	760.5235					/	67.772	*	365 / 2
=	2,047.98

Upbest Group (HKSE:00335) Days Sales Outstanding Explanation

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

Upbest Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Upbest Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Upbest Group (HKSE:00335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Upbest Group Ltd (HKSE:00335) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Des Voeux Road Central, 2nd Floor, Wah Kit Commercial Centre, Hong Kong, HKG

Website

https://www.upbest.com

Upbest Group Ltd is an investment holding company. The principal activity of the Company is investment holding. Its subsidiaries are principally engaged in securities broking, futures broking, securities margin financing, money lending, corporate finance advisory, assets management, precious metal trading, and property investment. The company's operating segment includes Broking, Financing, corporate finance, assets management, properties investment, and precious metal trading the firm generates the majority of its revenue from property investment. geographically the majority of its revenues come from Hongkong.

Upbest Group (HKSE:00335) Headlines

No Headlines