HG Semiconductor (HKSE:06908) Days Sales Outstanding : 311.52 (As of Dec. 2023)

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What is HG Semiconductor Days Sales Outstanding?

HG Semiconductor's average Accounts Receivable for the six months ended in Dec. 2023 was HK$79.71 Mil. HG Semiconductor's Revenue for the six months ended in Dec. 2023 was HK$46.70 Mil. Hence, HG Semiconductor's Days Sales Outstanding for the six months ended in Dec. 2023 was 311.52.

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

HKSE:06908' s Days Sales Outstanding Range Over the Past 10 Years
Min: 164.28 Med: 249.65 Max: 352.55
Current: 295.95

During the past 10 years, HG Semiconductor's highest Days Sales Outstanding was 352.55. The lowest was 164.28. And the median was 249.65.

HKSE:06908's Days Sales Outstanding is ranked worse than
96.21% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs HKSE:06908: 295.95

HG Semiconductor's Days Sales Outstanding declined from Dec. 2022 (321.18) to Dec. 2023 (311.52).

HG Semiconductor Days Sales Outstanding Historical Data

The historical data trend for HG Semiconductor'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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HG Semiconductor Days Sales Outstanding Chart

HG Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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171.40

352.55

272.56

326.15

270.43

HG Semiconductor Semi-Annual Data
	Dec14	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													317.74	350.05	321.18	306.10	311.52

Competitive Comparison of HG Semiconductor's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, HG Semiconductor'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.

HG Semiconductor's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HG Semiconductor's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where HG Semiconductor's Days Sales Outstanding falls into.

HG Semiconductor 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.

HG Semiconductor'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
=	( (76.302	+	67.299)	/	2 )	/	96.909	*	365
=	71.8005					/	96.909	*	365
=	270.43

HG Semiconductor'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
=	( (92.128	+	67.299)	/	2 )	/	46.699	*	365 / 2
=	79.7135					/	46.699	*	365 / 2
=	311.52

HG Semiconductor (HKSE:06908) Days Sales Outstanding Explanation

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

HG Semiconductor Days Sales Outstanding Related Terms

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HG Semiconductor (HKSE:06908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HG Semiconductor Ltd (HKSE:06908) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN

Website

https://www.hg-semiconductor.com

HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.

Executives

Zhan Haisu	2201 Interest of corporation controlled by you
Jovial Star International Limited	2101 Beneficial owner
Zhuang Chan Ling	2202 Interest of your spouse
First Global Limited	2101 Beneficial owner
Zhao Yi Wen	2201 Interest of corporation controlled by you
Qin Xiaolu	2101 Beneficial owner
Profit Act Limited	2101 Beneficial owner
Profit Times International Limited	2201 Interest of corporation controlled by you
Zhu Gongshan	2201 Interest of corporation controlled by you
Chiu Kwok Hung Justin	2101 Beneficial owner
Bigfair Enterprises Limited	2101 Beneficial owner
Chiu Kwai San	2201 Interest of corporation controlled by you
Wong Ching Ming	2202 Interest of your spouse
Qin Anqi	2201 Interest of corporation controlled by you
Wide Yield Investment Holding Limited	2101 Beneficial owner

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