Tristate Holdings (HKSE:00458) Days Sales Outstanding : 55.16 (As of Jun. 2024)

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What is Tristate Holdings Days Sales Outstanding?

Tristate Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$582 Mil. Tristate Holdings's Revenue for the six months ended in Jun. 2024 was HK$1,926 Mil. Hence, Tristate Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 55.16.

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

HKSE:00458' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.54 Med: 45.66 Max: 55.91
Current: 53.21

During the past 13 years, Tristate Holdings's highest Days Sales Outstanding was 55.91. The lowest was 39.54. And the median was 45.66.

HKSE:00458's Days Sales Outstanding is ranked worse than
51.46% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.12 vs HKSE:00458: 53.21

Tristate Holdings's Days Sales Outstanding increased from Jun. 2023 (49.49) to Jun. 2024 (55.16).

Tristate Holdings Days Sales Outstanding Historical Data

The historical data trend for Tristate 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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Tristate Holdings Days Sales Outstanding Chart

Tristate Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.54

50.87

43.13

45.39

45.93

Tristate Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															46.22	38.09	49.49	50.34	55.16

Competitive Comparison of Tristate Holdings's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Tristate 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.

Tristate Holdings's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tristate Holdings's Days Sales Outstanding distribution charts can be found below:

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

Tristate 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.

Tristate 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
=	( (492.049	+	568.955)	/	2 )	/	4215.667	*	365
=	530.502					/	4215.667	*	365
=	45.93

Tristate Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (568.955	+	595.645)	/	2 )	/	1926.401	*	365 / 2
=	582.3					/	1926.401	*	365 / 2
=	55.16

Tristate Holdings (HKSE:00458) Days Sales Outstanding Explanation

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

Tristate Holdings Days Sales Outstanding Related Terms

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Tristate Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tristate Holdings Ltd (HKSE:00458) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

66-72 Lei Muk Road, 5th Floor, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.tristateww.com

Tristate Holdings Ltd is an investment holding company engaged in the apparel business. The company's segment comprises the Garment manufacturing and Brands business. Its garment manufacturing segment includes the manufacture of the garment. The Brands business segment is involved in the distribution, retail, and trading of branded products. It derives a majority of its revenue from the revenue of the People's Republic of China and also has a presence in the United Kingdom, Italy, the United States of America, and Canada. The company generates maximum revenue from the Garment manufacturing segment.

Executives

New Perfect Global Limited	2201 Interest of corporation controlled by you
Sun Lin	2202 Interest of your spouse
Wang Kin Chung, Peter	2202 Interest of your spouse
Silver Tree Holdings Inc.	2101 Beneficial owner
Ting Daisy	2202 Interest of your spouse

Tristate Holdings Headlines

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