Top Wealth Group Holding (Top Wealth Group Holding) Days Sales Outstanding : 11.07 (As of Jun. 2023)

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What is Top Wealth Group Holding Days Sales Outstanding?

Top Wealth Group Holding's average Accounts Receivable for the six months ended in Jun. 2023 was $0.42 Mil. Top Wealth Group Holding's Revenue for the six months ended in Jun. 2023 was $6.97 Mil. Hence, Top Wealth Group Holding's Days Sales Outstanding for the six months ended in Jun. 2023 was 11.07.

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

TWG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.72 Med: 1.72 Max: 13.08
Current: 13.08

During the past 2 years, Top Wealth Group Holding's highest Days Sales Outstanding was 13.08. The lowest was 1.72. And the median was 1.72.

TWG's Days Sales Outstanding is ranked better than
60.33% of 305 companies
in the Retail - Defensive industry
Industry Median: 23.57 vs TWG: 13.08

Top Wealth Group Holding's Days Sales Outstanding increased from Jun. 2022 (0.00) to Jun. 2023 (11.07).

Top Wealth Group Holding Days Sales Outstanding Historical Data

The historical data trend for Top Wealth Group Holding'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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Top Wealth Group Holding Days Sales Outstanding Chart

Top Wealth Group Holding Annual Data

Trend

Dec21

Dec22

Days Sales Outstanding

1.72

Top Wealth Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	-	-	1.51	11.07

Competitive Comparison of Top Wealth Group Holding's Days Sales Outstanding

For the Food Distribution subindustry, Top Wealth Group Holding'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 Wealth Group Holding's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Top Wealth Group Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Top Wealth Group Holding's Days Sales Outstanding falls into.

Top Wealth Group Holding 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 Wealth Group Holding's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0.04)	/	1 )	/	8.513	*	365
=	0.04					/	8.513	*	365
=	1.72

Top Wealth Group Holding's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.04	+	0.805)	/	2 )	/	6.966	*	365 / 2
=	0.4225					/	6.966	*	365 / 2
=	11.07

Top Wealth Group Holding (NAS:TWG) 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 Wealth Group Holding Days Sales Outstanding Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Top Wealth Group Holding Ltd (NAS:TWG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG

Website

https://www.imperialcristalcaviar.com

Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines

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