Eco-Tek Holdings (HKSE:08169) Days Sales Outstanding : 70.72 (As of Oct. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Eco-Tek Holdings Days Sales Outstanding?

Eco-Tek Holdings's average Accounts Receivable for the three months ended in Oct. 2023 was HK$25.9 Mil. Eco-Tek Holdings's Revenue for the three months ended in Oct. 2023 was HK$33.4 Mil. Hence, Eco-Tek Holdings's Days Sales Outstanding for the three months ended in Oct. 2023 was 70.72.

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

HKSE:08169' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.33 Med: 78.72 Max: 81.98
Current: 73.22

During the past 13 years, Eco-Tek Holdings's highest Days Sales Outstanding was 81.98. The lowest was 59.33. And the median was 78.72.

HKSE:08169's Days Sales Outstanding is ranked better than
56.15% of 2953 companies
in the Industrial Products industry
Industry Median: 79.61 vs HKSE:08169: 73.22

Eco-Tek Holdings's Days Sales Outstanding declined from Oct. 2022 (71.64) to Oct. 2023 (70.72).

Eco-Tek Holdings Days Sales Outstanding Historical Data

The historical data trend for Eco-Tek 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.

Eco-Tek Holdings Days Sales Outstanding Chart

Eco-Tek Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

Get a 7-Day Free Trial

59.33

77.19

68.93

73.99

78.97

Eco-Tek Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Sales Outstanding	Get a 7-Day Free Trial															71.64	85.30	61.40	67.14	70.72

Competitive Comparison of Eco-Tek Holdings's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Eco-Tek 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.

Eco-Tek Holdings's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eco-Tek Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Eco-Tek Holdings's Days Sales Outstanding falls into.

Eco-Tek 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.

Eco-Tek Holdings's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (18.256	+	25.85)	/	2 )	/	101.924	*	365
=	22.053					/	101.924	*	365
=	78.97

Eco-Tek Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding (Q: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (0	+	25.85)	/	1 )	/	33.356	*	365 / 4
=	25.85					/	33.356	*	365 / 4
=	70.72

Eco-Tek Holdings (HKSE:08169) Days Sales Outstanding Explanation

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

Eco-Tek Holdings Days Sales Outstanding Related Terms

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

Eco-Tek Holdings (HKSE:08169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eco-Tek Holdings Ltd (HKSE:08169) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Westlands Road, Unit 2, 9/F, Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.eco-tek.com.hk

Eco-Tek Holdings Ltd and its subsidiaries are principally involved in the marketing, sales, servicing, research, and development of environmental protection-related products and services. The company operates in two segments: Environment-friendly products and Water supply plants. The environment-friendly products segment, which accounts for the majority of revenue is into the sale of general & industrial environment-friendly products, components, and other related accessories. Its geographical segments are Hong Kong, PRC, and others, of which the vast majority of revenue comes from the PRC.

Eco-Tek Holdings (HKSE:08169) Headlines

No Headlines