Time Watch Investments (HKSE:02033) Days Sales Outstanding : 61.15 (As of Dec. 2023)

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

What is Time Watch Investments Days Sales Outstanding?

Time Watch Investments's average Accounts Receivable for the six months ended in Dec. 2023 was HK$144.7 Mil. Time Watch Investments's Revenue for the six months ended in Dec. 2023 was HK$432.0 Mil. Hence, Time Watch Investments's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.15.

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

HKSE:02033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.32 Med: 56.51 Max: 66.01
Current: 53.75

During the past 13 years, Time Watch Investments's highest Days Sales Outstanding was 66.01. The lowest was 51.32. And the median was 56.51.

HKSE:02033's Days Sales Outstanding is ranked worse than
50.44% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.41 vs HKSE:02033: 53.75

Time Watch Investments's Days Sales Outstanding declined from Dec. 2022 (62.13) to Dec. 2023 (61.15).

Time Watch Investments Days Sales Outstanding Historical Data

The historical data trend for Time Watch Investments'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.

Time Watch Investments Days Sales Outstanding Chart

Time Watch Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

60.30

66.01

51.32

61.25

65.12

Time Watch Investments 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															55.16	52.77	62.13	51.63	61.15

Competitive Comparison of Time Watch Investments's Days Sales Outstanding

For the Footwear & Accessories subindustry, Time Watch Investments'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.

Time Watch Investments's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Time Watch Investments's Days Sales Outstanding falls into.

Time Watch Investments 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.

Time Watch Investments's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (187.669	+	162.639)	/	2 )	/	981.76	*	365
=	175.154					/	981.76	*	365
=	65.12

Time Watch Investments'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
=	( (162.639	+	126.834)	/	2 )	/	431.964	*	365 / 2
=	144.7365					/	431.964	*	365 / 2
=	61.15

Time Watch Investments (HKSE:02033) Days Sales Outstanding Explanation

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

Time Watch Investments Days Sales Outstanding Related Terms

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

Time Watch Investments (HKSE:02033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Time Watch Investments Ltd (HKSE:02033) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Wing Hong Street, 27th Floor, CEO Tower, Kowloon, Hong Kong, HKG

Website

http://www.timewatch.com.hk

Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator; and the Asia Pacific.

Time Watch Investments (HKSE:02033) Headlines

No Headlines