HG Metal Manufacturing (SGX:BTG) Days Sales Outstanding : 86.50 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is HG Metal Manufacturing Days Sales Outstanding?

HG Metal Manufacturing's average Accounts Receivable for the six months ended in Dec. 2023 was S$39.6 Mil. HG Metal Manufacturing's Revenue for the six months ended in Dec. 2023 was S$83.5 Mil. Hence, HG Metal Manufacturing's Days Sales Outstanding for the six months ended in Dec. 2023 was 86.50.

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

SGX:BTG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.28 Med: 93.73 Max: 168.48
Current: 92.97

During the past 13 years, HG Metal Manufacturing's highest Days Sales Outstanding was 168.48. The lowest was 77.28. And the median was 93.73.

SGX:BTG's Days Sales Outstanding is ranked worse than
85.35% of 594 companies
in the Steel industry
Industry Median: 49.315 vs SGX:BTG: 92.97

HG Metal Manufacturing's Days Sales Outstanding declined from Dec. 2022 (95.98) to Dec. 2023 (86.50).

HG Metal Manufacturing Days Sales Outstanding Historical Data

The historical data trend for HG Metal Manufacturing'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.

HG Metal Manufacturing Days Sales Outstanding Chart

HG Metal Manufacturing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

129.38

168.48

94.41

86.49

93.05

HG Metal Manufacturing 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															91.77	84.50	95.98	101.03	86.50

Competitive Comparison of HG Metal Manufacturing's Days Sales Outstanding

For the Steel subindustry, HG Metal Manufacturing'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.

HG Metal Manufacturing's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HG Metal Manufacturing's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where HG Metal Manufacturing's Days Sales Outstanding falls into.

HG Metal Manufacturing 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.

HG Metal Manufacturing'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
=	( (35.323	+	41.03)	/	2 )	/	149.755	*	365
=	38.1765					/	149.755	*	365
=	93.05

HG Metal Manufacturing'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
=	( (38.079	+	41.03)	/	2 )	/	83.457	*	365 / 2
=	39.5545					/	83.457	*	365 / 2
=	86.50

HG Metal Manufacturing (SGX:BTG) Days Sales Outstanding Explanation

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

HG Metal Manufacturing Days Sales Outstanding Related Terms

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

HG Metal Manufacturing (SGX:BTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » HG Metal Manufacturing Ltd (SGX:BTG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Jalan Buroh, Singapore, SGP, 619484

Website

http://www.hgmetal.com

HG Metal Manufacturing Ltd is involved in the steel business. The company has business units which include HG Distribution, HG Construction Steel, HG Coupler, and Thread. The operating segment of the company is Trading Segment, Manufacturing Segment, and Others. The trading segment is a supplier of steel products and includes the holding of investments in subsidiaries in the business of steel distribution and provision of industrial steel services. The manufacturing segment produces construction steel products and provides related engineering services. Others include those which do not fall in the trading and manufacturing segment. The majority is from the manufacturing segment. Geographically, the majority is derived from Singapore.