Far East Horizon (HKSE:03360) Days Sales Outstanding : 1,476.59 (As of Dec. 2023)

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What is Far East Horizon Days Sales Outstanding?

Far East Horizon's average Accounts Receivable for the six months ended in Dec. 2023 was HK$173,436 Mil. Far East Horizon's Revenue for the six months ended in Dec. 2023 was HK$21,436 Mil. Hence, Far East Horizon's Days Sales Outstanding for the six months ended in Dec. 2023 was 1,476.59.

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

HKSE:03360' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1148.75 Med: 1355.61 Max: 1509.54
Current: 1509.54

During the past 13 years, Far East Horizon's highest Days Sales Outstanding was 1509.54. The lowest was 1148.75. And the median was 1355.61.

HKSE:03360's Days Sales Outstanding is ranked worse than
93.21% of 265 companies
in the Credit Services industry
Industry Median: 42.73 vs HKSE:03360: 1509.54

Far East Horizon's Days Sales Outstanding declined from Dec. 2022 (1,479.70) to Dec. 2023 (1,476.59).

Far East Horizon Days Sales Outstanding Historical Data

The historical data trend for Far East Horizon'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.

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Far East Horizon Days Sales Outstanding Chart

Far East Horizon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1,279.98

1,354.89

1,406.99

1,473.83

1,462.42

Far East Horizon 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															1,471.09	1,489.34	1,479.70	1,543.82	1,476.59

Competitive Comparison of Far East Horizon's Days Sales Outstanding

For the Credit Services subindustry, Far East Horizon'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.

Far East Horizon's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Far East Horizon's Days Sales Outstanding falls into.

Far East Horizon 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.

Far East Horizon'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
=	( (166353.539	+	0)	/	1 )	/	41519.626	*	365
=	166353.539					/	41519.626	*	365
=	1,462.42

Far East Horizon'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
=	( (173435.661	+	0)	/	1 )	/	21435.869	*	365 / 2
=	173435.661					/	21435.869	*	365 / 2
=	1,476.59

Far East Horizon (HKSE:03360) Days Sales Outstanding Explanation

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

Far East Horizon Days Sales Outstanding Related Terms

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Far East Horizon (HKSE:03360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Far East Horizon Ltd (HKSE:03360) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

F6H:Germany

Address

1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.fehorizon.com

Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

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