Wisdom Sports Group (HKSE:01661) Days Sales Outstanding : 29.89 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Wisdom Sports Group Days Sales Outstanding?

Wisdom Sports Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5.32 Mil. Wisdom Sports Group's Revenue for the six months ended in Dec. 2023 was HK$32.46 Mil. Hence, Wisdom Sports Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.89.

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

HKSE:01661' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.03 Med: 175.27 Max: 1084.69
Current: 58.25

During the past 12 years, Wisdom Sports Group's highest Days Sales Outstanding was 1084.69. The lowest was 48.03. And the median was 175.27.

HKSE:01661's Days Sales Outstanding is ranked better than
58.41% of 1017 companies
in the Media - Diversified industry
Industry Median: 67.87 vs HKSE:01661: 58.25

Wisdom Sports Group's Days Sales Outstanding declined from Dec. 2022 (167.70) to Dec. 2023 (29.89).

Wisdom Sports Group Days Sales Outstanding Historical Data

The historical data trend for Wisdom Sports 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.

Wisdom Sports Group Days Sales Outstanding Chart

Wisdom Sports Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

236.29

1,084.69

48.03

263.52

58.25

Wisdom Sports Group 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															17.01	391.65	167.70	385.64	29.89

Competitive Comparison of Wisdom Sports Group's Days Sales Outstanding

For the Entertainment subindustry, Wisdom Sports 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.

Wisdom Sports Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wisdom Sports Group's Days Sales Outstanding distribution charts can be found below:

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

Wisdom Sports 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.

Wisdom Sports Group'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
=	( (5.942	+	5.315)	/	2 )	/	35.267	*	365
=	5.6285					/	35.267	*	365
=	58.25

Wisdom Sports Group'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
=	( (0	+	5.315)	/	1 )	/	32.455	*	365 / 2
=	5.315					/	32.455	*	365 / 2
=	29.89

Wisdom Sports Group (HKSE:01661) Days Sales Outstanding Explanation

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

Wisdom Sports Group Days Sales Outstanding Related Terms

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

Wisdom Sports Group (HKSE:01661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wisdom Sports Group (HKSE:01661) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Xinyuanli Road, 7th Floor, Block 1, Kunsuo Center, Chaoyang District, Beijing, CHN, 100027

Website

https://www.wisdomsports.com.cn

Wisdom Sports Group engages in the diversified media industry and provides event services, operations, and branding services in China. The company is divided into two business segments: the Wisdom Events segment and the Wisdom Program and Branding segment. The Wisdom Events segment organizes and promotes various international and domestic sporting events. The Wisdom Program and Branding segment focuses primarily on the production, distribution, and advertisement of televised sporting events.

Executives

Ren Guozun (alias: Wen)	2201 Interest of corporation controlled by you
Hknd Limited	2101 Beneficial owner
Wang Zhihan	2201 Interest of corporation controlled by you
Queen Media Co., Ltd.	2101 Beneficial owner
Nd Medical Technology Limited	2101 Beneficial owner
Wu Meizhen	2201 Interest of corporation controlled by you

Wisdom Sports Group (HKSE:01661) Headlines

No Headlines