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LFG Investment Holdings (HKSE:03938) Days Sales Outstanding : 390.34 (As of Sep. 2023)


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What is LFG Investment Holdings Days Sales Outstanding?

LFG Investment Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$136.05 Mil. LFG Investment Holdings's Revenue for the six months ended in Sep. 2023 was HK$63.61 Mil. Hence, LFG Investment Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 390.34.

The historical rank and industry rank for LFG Investment Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:03938' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.91   Med: 269.18   Max: 1037.74
Current: 537.5

During the past 7 years, LFG Investment Holdings's highest Days Sales Outstanding was 1037.74. The lowest was 14.91. And the median was 269.18.

HKSE:03938's Days Sales Outstanding is ranked worse than
86% of 557 companies
in the Capital Markets industry
Industry Median: 62.31 vs HKSE:03938: 537.50

LFG Investment Holdings's Days Sales Outstanding declined from Sep. 2022 (993.63) to Sep. 2023 (390.34).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


LFG Investment Holdings Days Sales Outstanding Historical Data

The historical data trend for LFG Investment Holdings'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.

LFG Investment Holdings Days Sales Outstanding Chart

LFG Investment Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial 40.92 269.18 445.67 607.47 1,037.74

LFG Investment Holdings Semi-Annual Data
Mar17 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 507.76 930.95 993.63 952.41 390.34

Competitive Comparison of LFG Investment Holdings's Days Sales Outstanding

For the Capital Markets subindustry, LFG Investment Holdings'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.


LFG Investment Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LFG Investment Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LFG Investment Holdings's Days Sales Outstanding falls into.



LFG Investment Holdings 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.

LFG Investment Holdings'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
=( (128.925 + 137.607) / 2 ) / 46.873*365
=133.266 / 46.873*365
=1,037.74

LFG Investment Holdings'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
=( (137.607 + 134.485) / 2 ) / 63.607*365 / 2
=136.046 / 63.607*365 / 2
=390.34

* 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.


LFG Investment Holdings  (HKSE:03938) Days Sales Outstanding Explanation

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


LFG Investment Holdings Days Sales Outstanding Related Terms

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LFG Investment Holdings (HKSE:03938) Business Description

Traded in Other Exchanges
N/A
Address
29 Queen’s Road Central, Room 1601, 16th Floor China Building, Hong Kong, HKG
LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.

LFG Investment Holdings (HKSE:03938) Headlines

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