Second Chance Properties (SGX:528) Days Sales Outstanding : 3.63 (As of Feb. 2024)

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What is Second Chance Properties Days Sales Outstanding?

Second Chance Properties's average Accounts Receivable for the six months ended in Feb. 2024 was S$0.26 Mil. Second Chance Properties's Revenue for the six months ended in Feb. 2024 was S$13.30 Mil. Hence, Second Chance Properties's Days Sales Outstanding for the six months ended in Feb. 2024 was 3.63.

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

SGX:528' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.53 Med: 5.25 Max: 13.71
Current: 1.78

During the past 13 years, Second Chance Properties's highest Days Sales Outstanding was 13.71. The lowest was 1.53. And the median was 5.25.

SGX:528's Days Sales Outstanding is ranked better than
93.69% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 17.48 vs SGX:528: 1.78

Second Chance Properties's Days Sales Outstanding increased from Feb. 2023 (0.71) to Feb. 2024 (3.63).

Second Chance Properties Days Sales Outstanding Historical Data

The historical data trend for Second Chance Properties'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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Second Chance Properties Days Sales Outstanding Chart

Second Chance Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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3.73

5.36

3.47

1.53

2.21

Second Chance Properties Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															2.52	0.65	0.71	1.73	3.63

Competitive Comparison of Second Chance Properties's Days Sales Outstanding

For the Luxury Goods subindustry, Second Chance Properties'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.

Second Chance Properties's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Second Chance Properties's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Second Chance Properties's Days Sales Outstanding falls into.

Second Chance Properties 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.

Second Chance Properties's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (0.054	+	0.453)	/	2 )	/	41.906	*	365
=	0.2535					/	41.906	*	365
=	2.21

Second Chance Properties's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (0.453	+	0.076)	/	2 )	/	13.296	*	365 / 2
=	0.2645					/	13.296	*	365 / 2
=	3.63

Second Chance Properties (SGX:528) Days Sales Outstanding Explanation

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

Second Chance Properties Days Sales Outstanding Related Terms

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Second Chance Properties (SGX:528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Second Chance Properties Ltd (SGX:528) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, No. 07-20 Paya Lebar Square, Singapore, SGP, 409051

Website

http://www.secondchance.com.sg

Second Chance Properties Ltd is a Singapore-based investment holding company, retailing of readymade garments, holding of property as investment for rental income and investing in securities. The company operates in four segments: Wearing apparel; Gold & jewelry, which is the key revenue generator; Investment dealing; and Property rental. Its geographical segments include Singapore and Malaysia, of which the vast majority of the revenue comes from Singapore.

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