Paradise Entertainment (HKSE:01180) Days Sales Outstanding : 19.58 (As of Dec. 2023)

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What is Paradise Entertainment Days Sales Outstanding?

Paradise Entertainment's average Accounts Receivable for the six months ended in Dec. 2023 was HK$41.6 Mil. Paradise Entertainment's Revenue for the six months ended in Dec. 2023 was HK$387.6 Mil. Hence, Paradise Entertainment's Days Sales Outstanding for the six months ended in Dec. 2023 was 19.58.

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

HKSE:01180' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.92 Med: 24.02 Max: 48.14
Current: 16.92

During the past 13 years, Paradise Entertainment's highest Days Sales Outstanding was 48.14. The lowest was 16.92. And the median was 24.02.

HKSE:01180's Days Sales Outstanding is ranked better than
65.3% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.25 vs HKSE:01180: 16.92

Paradise Entertainment's Days Sales Outstanding increased from Dec. 2022 (8.65) to Dec. 2023 (19.58).

Paradise Entertainment Days Sales Outstanding Historical Data

The historical data trend for Paradise Entertainment'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.

Paradise Entertainment Days Sales Outstanding Chart

Paradise Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.09

48.14

22.79

19.36

17.25

Paradise Entertainment 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															23.86	16.38	8.65	12.33	19.58

Competitive Comparison of Paradise Entertainment's Days Sales Outstanding

For the Resorts & Casinos subindustry, Paradise Entertainment'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.

Paradise Entertainment's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Paradise Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Paradise Entertainment's Days Sales Outstanding falls into.

Paradise Entertainment 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.

Paradise Entertainment'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
=	( (5.069	+	54.894)	/	2 )	/	634.281	*	365
=	29.9815					/	634.281	*	365
=	17.25

Paradise Entertainment'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
=	( (28.265	+	54.894)	/	2 )	/	387.563	*	365 / 2
=	41.5795					/	387.563	*	365 / 2
=	19.58

Paradise Entertainment (HKSE:01180) Days Sales Outstanding Explanation

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

Paradise Entertainment Days Sales Outstanding Related Terms

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Paradise Entertainment (HKSE:01180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Paradise Entertainment Ltd (HKSE:01180) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PDSSF:USA LIL3:Germany

Address

Unit C, 19th Floor, 30 Queen's Road Central, Entertainment Building, Hong Kong, HKG

Website

https://www.hk1180.com

Paradise Entertainment Ltd is an investment holding company. The company, through its subsidiaries, engages in the development, supply, and sales of electronic gaming systems and the provision of casino management services. The operating segment of the company is divided into two segments: Casino management services engaged in the provision of casino management services in Macau; and Gaming systems engaged in the development, sale and leasing of electronic gaming equipment and systems and royalty income. It generates the majority of its revenue from Casino Service.

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