Asia Enterprises Holding (SGX:A55) Days Sales Outstanding : 140.80 (As of Dec. 2023)

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What is Asia Enterprises Holding Days Sales Outstanding?

Asia Enterprises Holding's average Accounts Receivable for the six months ended in Dec. 2023 was S$25.36 Mil. Asia Enterprises Holding's Revenue for the six months ended in Dec. 2023 was S$32.87 Mil. Hence, Asia Enterprises Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 140.80.

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

SGX:A55' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.4 Med: 71.45 Max: 88.05
Current: 88.05

During the past 13 years, Asia Enterprises Holding's highest Days Sales Outstanding was 88.05. The lowest was 61.40. And the median was 71.45.

SGX:A55's Days Sales Outstanding is ranked worse than
83.16% of 594 companies
in the Steel industry
Industry Median: 49.315 vs SGX:A55: 88.05

Asia Enterprises Holding's Days Sales Outstanding increased from Dec. 2022 (59.52) to Dec. 2023 (140.80).

Asia Enterprises Holding Days Sales Outstanding Historical Data

The historical data trend for Asia Enterprises 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.

* Premium members only.

Asia Enterprises Holding Days Sales Outstanding Chart

Asia Enterprises Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.05

61.40

71.85

62.44

68.46

Asia Enterprises Holding Semi-Annual Data
	Jun14	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															79.20	47.61	59.52	75.29	140.80

Competitive Comparison of Asia Enterprises Holding's Days Sales Outstanding

For the Steel subindustry, Asia Enterprises 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.

Asia Enterprises Holding's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Asia Enterprises Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Asia Enterprises Holding's Days Sales Outstanding falls into.

Asia Enterprises 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.

Asia Enterprises Holding'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
=	( (18.357	+	17.448)	/	2 )	/	95.45	*	365
=	17.9025					/	95.45	*	365
=	68.46

Asia Enterprises Holding'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
=	( (33.273	+	17.448)	/	2 )	/	32.872	*	365 / 2
=	25.3605					/	32.872	*	365 / 2
=	140.80

Asia Enterprises Holding (SGX:A55) Days Sales Outstanding Explanation

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

Asia Enterprises Holding Days Sales Outstanding Related Terms

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Asia Enterprises Holding (SGX:A55) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Asia Enterprises Holding Ltd (SGX:A55) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Pioneer Sector Walk, Singapore, SGP, 627897

Website

http://www.asiaenterprises.com.sg

Asia Enterprises Holding Ltd is an investment holding firm. It's in the distribution of steel products to marine and Offshore Industries. The company operates through three segments namely, Steel distribution comprises of procuring, distributing, and trading of steel products; the Provision of steel processing segment is involved in the processing of steel materials for sale and the corporate segment is engaged in investment and management activities. Most of its revenue is earned from the Steel distribution segment. Geographically, it derives majority revenue from the Singapore market, while it also has a presence in Indonesia, Malaysia, and other countries.

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