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FY Financial (Shenzhen) Co (HKSE:08452) Days Sales Outstanding : 902.34 (As of Dec. 2023)


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What is FY Financial (Shenzhen) Co Days Sales Outstanding?

FY Financial (Shenzhen) Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$233.36 Mil. FY Financial (Shenzhen) Co's Revenue for the three months ended in Dec. 2023 was HK$23.60 Mil. Hence, FY Financial (Shenzhen) Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 902.34.

The historical rank and industry rank for FY Financial (Shenzhen) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:08452' s Days Sales Outstanding Range Over the Past 10 Years
Min: 948.83   Med: 2089.12   Max: 3045.27
Current: 956.95

During the past 10 years, FY Financial (Shenzhen) Co's highest Days Sales Outstanding was 3045.27. The lowest was 948.83. And the median was 2089.12.

HKSE:08452's Days Sales Outstanding is ranked worse than
87.92% of 265 companies
in the Credit Services industry
Industry Median: 43.69 vs HKSE:08452: 956.95

FY Financial (Shenzhen) Co's Days Sales Outstanding increased from Dec. 2022 (646.06) to Dec. 2023 (902.34).


FY Financial (Shenzhen) Co Days Sales Outstanding Historical Data

The historical data trend for FY Financial (Shenzhen) Co'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.

FY Financial (Shenzhen) Co Days Sales Outstanding Chart

FY Financial (Shenzhen) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,956.95 2,133.05 3,045.27 2,563.73 948.83

FY Financial (Shenzhen) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 646.06 968.96 787.38 1,385.22 902.34

Competitive Comparison of FY Financial (Shenzhen) Co's Days Sales Outstanding

For the Credit Services subindustry, FY Financial (Shenzhen) Co'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.


FY Financial (Shenzhen) Co's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FY Financial (Shenzhen) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where FY Financial (Shenzhen) Co's Days Sales Outstanding falls into.



FY Financial (Shenzhen) Co 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.

FY Financial (Shenzhen) Co'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
=( (109.904 + 233.363) / 2 ) / 66.025*365
=171.6335 / 66.025*365
=948.83

FY Financial (Shenzhen) Co'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0 + 233.363) / 1 ) / 23.599*365 / 4
=233.363 / 23.599*365 / 4
=902.34

* 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.


FY Financial (Shenzhen) Co  (HKSE:08452) Days Sales Outstanding Explanation

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


FY Financial (Shenzhen) Co Days Sales Outstanding Related Terms

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FY Financial (Shenzhen) Co (HKSE:08452) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN
FY Financial (Shenzhen) Co Ltd is a financial services company. It focuses on providing financial leasing, provision of factoring and advisory services and customer referral services, and the supply of medical equipment in the People's Republic of China region. The group's segment includes Financial and advisory business and Trading operation business. It derives majority of its revenues from a Financial and advisory business.
Executives
A Plus Capital Management Limited 2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp 2101 Beneficial owner
Kkc Capital Limited 2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio 2101 Beneficial owner

FY Financial (Shenzhen) Co (HKSE:08452) Headlines

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