Wong Fong Industries (SGX:1A1) Days Sales Outstanding : 55.95 (As of Dec. 2023)

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What is Wong Fong Industries Days Sales Outstanding?

Wong Fong Industries's average Accounts Receivable for the six months ended in Dec. 2023 was S$11.96 Mil. Wong Fong Industries's Revenue for the six months ended in Dec. 2023 was S$39.02 Mil. Hence, Wong Fong Industries's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.95.

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

SGX:1A1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.73 Med: 65.23 Max: 94.39
Current: 64.35

During the past 11 years, Wong Fong Industries's highest Days Sales Outstanding was 94.39. The lowest was 49.73. And the median was 65.23.

SGX:1A1's Days Sales Outstanding is ranked better than
56.46% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs SGX:1A1: 64.35

Wong Fong Industries's Days Sales Outstanding declined from Dec. 2022 (59.87) to Dec. 2023 (55.95).

Wong Fong Industries Days Sales Outstanding Historical Data

The historical data trend for Wong Fong Industries'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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Wong Fong Industries Days Sales Outstanding Chart

Wong Fong Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.57

94.39

64.64

65.82

69.49

Wong Fong Industries Semi-Annual Data
	Dec13	Dec14	Jun15	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															69.26	60.73	59.87	67.62	55.95

Competitive Comparison of Wong Fong Industries's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Wong Fong Industries'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.

Wong Fong Industries's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wong Fong Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wong Fong Industries's Days Sales Outstanding falls into.

Wong Fong Industries 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.

Wong Fong Industries'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
=	( (17.31	+	12.375)	/	2 )	/	77.958	*	365
=	14.8425					/	77.958	*	365
=	69.49

Wong Fong Industries'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
=	( (11.547	+	12.375)	/	2 )	/	39.016	*	365 / 2
=	11.961					/	39.016	*	365 / 2
=	55.95

Wong Fong Industries (SGX:1A1) Days Sales Outstanding Explanation

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

Wong Fong Industries Days Sales Outstanding Related Terms

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Wong Fong Industries (SGX:1A1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wong Fong Industries Ltd (SGX:1A1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

79 Joo Koon Circle, Singapore, SGP, 629107

Website

https://www.wongfongindustries.com

Wong Fong Industries Ltd is a provider of land transport engineering solutions and systems for the logistics, construction, waste management and defense industries. The group's operating segments are Engineering and Training. It generates revenue through the sale of cranes and other truck-mounted equipment including customization, engineering and installation of products and solutions for sale.

Wong Fong Industries (SGX:1A1) Headlines

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