Yik Wo International Holdings (HKSE:08659) Days Sales Outstanding : 61.04 (As of Dec. 2023)

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What is Yik Wo International Holdings Days Sales Outstanding?

Yik Wo International Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$64.7 Mil. Yik Wo International Holdings's Revenue for the three months ended in Dec. 2023 was HK$96.7 Mil. Hence, Yik Wo International Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.04.

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

HKSE:08659' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.72 Med: 58.91 Max: 67.06
Current: 67.06

During the past 7 years, Yik Wo International Holdings's highest Days Sales Outstanding was 67.06. The lowest was 48.72. And the median was 58.91.

HKSE:08659's Days Sales Outstanding is ranked better than
52.91% of 378 companies
in the Packaging & Containers industry
Industry Median: 69.425 vs HKSE:08659: 67.06

Yik Wo International Holdings's Days Sales Outstanding increased from Dec. 2022 (60.33) to Dec. 2023 (61.04).

Yik Wo International Holdings Days Sales Outstanding Historical Data

The historical data trend for Yik Wo International 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.

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Yik Wo International Holdings Days Sales Outstanding Chart

Yik Wo International Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.16

51.95

48.72

61.98

65.61

Yik Wo International Holdings Quarterly Data
	Dec18	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															60.33	83.92	64.87	66.31	61.04

Competitive Comparison of Yik Wo International Holdings's Days Sales Outstanding

For the Packaging & Containers subindustry, Yik Wo International 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.

Yik Wo International Holdings's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yik Wo International Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Yik Wo International Holdings's Days Sales Outstanding falls into.

Yik Wo International 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.

Yik Wo International Holdings'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
=	( (62.425	+	64.708)	/	2 )	/	353.62	*	365
=	63.5665					/	353.62	*	365
=	65.61

Yik Wo International Holdings'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	+	64.708)	/	1 )	/	96.728	*	365 / 4
=	64.708					/	96.728	*	365 / 4
=	61.04

Yik Wo International Holdings (HKSE:08659) Days Sales Outstanding Explanation

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

Yik Wo International Holdings Days Sales Outstanding Related Terms

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Yik Wo International Holdings (HKSE:08659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Yik Wo International Holdings Ltd (HKSE:08659) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wukeng Industrial Zone, Longhu Town, Fujian Province, Jinjiang, CHN

Website

https://www.yikwo.cn

Yik Wo International Holdings Ltd is engaged in the design and development, manufacturing and sales of disposable plastic food storage containers. The company's plastic containers are processed by high temperature hot-melt plastic injection moulding method with polypropylene resin or other thermoplastic materials. In terms of application, disposable plastic food storage containers can be divided into lunch boxes, fresh and preserved fruit containers, semi-food containers and others. It sells its products under JAZZIT brand. Its regular products feature with only one compartment; and customised products can store various kinds of food and beverage with its multi-compartment disposable plastic food storage containers. The group derives prime revenue from the PRC.

Yik Wo International Holdings (HKSE:08659) Headlines

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