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Be Friends Holding (HKSE:01450) Days Sales Outstanding : 58.96 (As of Dec. 2023)


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What is Be Friends Holding Days Sales Outstanding?

Be Friends Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$227 Mil. Be Friends Holding's Revenue for the six months ended in Dec. 2023 was HK$702 Mil. Hence, Be Friends Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 58.96.

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

HKSE:01450' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.46   Med: 238.24   Max: 420.84
Current: 64.46

During the past 11 years, Be Friends Holding's highest Days Sales Outstanding was 420.84. The lowest was 64.46. And the median was 238.24.

HKSE:01450's Days Sales Outstanding is ranked worse than
53% of 2736 companies
in the Software industry
Industry Median: 61.68 vs HKSE:01450: 64.46

Be Friends Holding's Days Sales Outstanding declined from Dec. 2022 (106.31) to Dec. 2023 (58.96).


Be Friends Holding Days Sales Outstanding Historical Data

The historical data trend for Be Friends Holding'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.

Be Friends Holding Days Sales Outstanding Chart

Be Friends Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 362.91 321.74 226.45 111.27 64.68

Be Friends Holding 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 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 230.88 185.47 106.31 72.37 58.96

Competitive Comparison of Be Friends Holding's Days Sales Outstanding

For the Software - Application subindustry, Be Friends Holding'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.


Be Friends Holding's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Be Friends Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Be Friends Holding's Days Sales Outstanding falls into.



Be Friends Holding 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.

Be Friends Holding'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
=( (169.142 + 247.289) / 2 ) / 1175.085*365
=208.2155 / 1175.085*365
=64.68

Be Friends Holding'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
=( (206.177 + 247.289) / 2 ) / 701.829*365 / 2
=226.733 / 701.829*365 / 2
=58.96

* 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.


Be Friends Holding  (HKSE:01450) Days Sales Outstanding Explanation

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


Be Friends Holding Days Sales Outstanding Related Terms

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Be Friends Holding (HKSE:01450) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Jiachuang Road, Building H8, Privy Council, Tongzhou District, Opto-Mechatronics Industrial Park, Beijing, CHN, 101111
Be Friends Holding Ltd Formerly Century Sage Scientific Holdings Ltd is an investment holding company principally engaged in the provision of television (TV) broadcast application solutions, including production, broadcast, and transmission solutions. The company is also engaged in the provision of sports event broadcast services and system maintenance services, as well as the development and sales of equipment. The company's segments include New media services; Application solutions; System maintenance services; and Sales of self-developed products. It derives the majority of its revenue from the New media services segment.
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