TOP Financial Group (TOP Financial Group) Days Sales Outstanding : 263.53 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is TOP Financial Group Days Sales Outstanding?

TOP Financial Group's average Accounts Receivable for the six months ended in Sep. 2023 was $10.32 Mil. TOP Financial Group's Revenue for the six months ended in Sep. 2023 was $7.15 Mil. Hence, TOP Financial Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 263.53.

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

TOP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.72 Med: 130.36 Max: 308.14
Current: 308.14

During the past 4 years, TOP Financial Group's highest Days Sales Outstanding was 308.14. The lowest was 84.72. And the median was 130.36.

TOP's Days Sales Outstanding is ranked worse than
79.35% of 557 companies
in the Capital Markets industry
Industry Median: 62.37 vs TOP: 308.14

TOP Financial Group's Days Sales Outstanding increased from Sep. 2022 (221.96) to Sep. 2023 (263.53).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

TOP Financial Group Days Sales Outstanding Historical Data

The historical data trend for TOP Financial Group'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.

TOP Financial Group Days Sales Outstanding Chart

TOP Financial Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

113.68

84.72

147.03

300.36

TOP Financial Group Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			179.89	142.75	221.96	428.66	263.53

Competitive Comparison of TOP Financial Group's Days Sales Outstanding

For the Capital Markets subindustry, TOP Financial Group'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.

TOP Financial Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TOP Financial Group's Days Sales Outstanding falls into.

TOP Financial Group 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.

TOP Financial Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (3.591	+	12.365)	/	2 )	/	9.695	*	365
=	7.978					/	9.695	*	365
=	300.36

TOP Financial Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (12.365	+	8.281)	/	2 )	/	7.149	*	365 / 2
=	10.323					/	7.149	*	365 / 2
=	263.53

TOP Financial Group (NAS:TOP) Days Sales Outstanding Explanation

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

TOP Financial Group Days Sales Outstanding Related Terms

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

TOP Financial Group (TOP Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TOP Financial Group Ltd (NAS:TOP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, Room 1101, Hong Kong, HKG

Website

https://www.zyfgl.com

TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in the trading of local and overseas equities, futures, and options products. The company operates in only one segment which is the futures brokerage service.