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Wang On Properties (HKSE:01243) Days Sales Outstanding : 5.29 (As of Sep. 2023)


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What is Wang On Properties Days Sales Outstanding?

Wang On Properties's average Accounts Receivable for the six months ended in Sep. 2023 was HK$8 Mil. Wang On Properties's Revenue for the six months ended in Sep. 2023 was HK$287 Mil. Hence, Wang On Properties's Days Sales Outstanding for the six months ended in Sep. 2023 was 5.29.

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

HKSE:01243' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.68   Med: 48.21   Max: 94.74
Current: 2.18

During the past 11 years, Wang On Properties's highest Days Sales Outstanding was 94.74. The lowest was 1.68. And the median was 48.21.

HKSE:01243's Days Sales Outstanding is ranked better than
92.47% of 1660 companies
in the Real Estate industry
Industry Median: 36.63 vs HKSE:01243: 2.18

Wang On Properties's Days Sales Outstanding increased from Sep. 2022 (0.85) to Sep. 2023 (5.29).


Wang On Properties Days Sales Outstanding Historical Data

The historical data trend for Wang On Properties'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.

Wang On Properties Days Sales Outstanding Chart

Wang On Properties Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 94.74 1.68

Wang On Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 64.56 0.85 1.23 5.29

Competitive Comparison of Wang On Properties's Days Sales Outstanding

For the Real Estate - Development subindustry, Wang On Properties'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.


Wang On Properties's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wang On Properties's Days Sales Outstanding falls into.



Wang On Properties 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.

Wang On Properties'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
=( (10.086 + 8.203) / 2 ) / 1991.84*365
=9.1445 / 1991.84*365
=1.68

Wang On Properties'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
=( (8.203 + 8.426) / 2 ) / 286.655*365 / 2
=8.3145 / 286.655*365 / 2
=5.29

* 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.


Wang On Properties  (HKSE:01243) Days Sales Outstanding Explanation

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


Wang On Properties Days Sales Outstanding Related Terms

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Wang On Properties (HKSE:01243) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong.
Executives
Tang Ching Ho 2201 Interest of corporation controlled by you
Yau Yuk Yin 2202 Interest of your spouse

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