Southern Steel Bhd (XKLS:5665) Days Sales Outstanding : 25.63 (As of Dec. 2023)

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What is Southern Steel Bhd Days Sales Outstanding?

Southern Steel Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM159 Mil. Southern Steel Bhd's Revenue for the three months ended in Dec. 2023 was RM566 Mil. Hence, Southern Steel Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 25.63.

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

XKLS:5665' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.11 Med: 21.17 Max: 26.37
Current: 23.51

During the past 13 years, Southern Steel Bhd's highest Days Sales Outstanding was 26.37. The lowest was 14.11. And the median was 21.17.

XKLS:5665's Days Sales Outstanding is ranked better than
78.67% of 600 companies
in the Steel industry
Industry Median: 49.885 vs XKLS:5665: 23.51

Southern Steel Bhd's Days Sales Outstanding increased from Dec. 2022 (24.62) to Dec. 2023 (25.63).

Southern Steel Bhd Days Sales Outstanding Historical Data

The historical data trend for Southern Steel Bhd'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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Southern Steel Bhd Days Sales Outstanding Chart

Southern Steel Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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24.30

26.37

14.11

14.94

21.89

Southern Steel Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															24.62	22.50	24.09	22.44	25.63

Competitive Comparison of Southern Steel Bhd's Days Sales Outstanding

For the Steel subindustry, Southern Steel Bhd'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.

Southern Steel Bhd's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Southern Steel Bhd's Days Sales Outstanding falls into.

Southern Steel Bhd 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.

Southern Steel Bhd's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (152.37	+	133.882)	/	2 )	/	2386.435	*	365
=	143.126					/	2386.435	*	365
=	21.89

Southern Steel Bhd'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (162.151	+	155.897)	/	2 )	/	566.23	*	365 / 4
=	159.024					/	566.23	*	365 / 4
=	25.63

Southern Steel Bhd (XKLS:5665) Days Sales Outstanding Explanation

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

Southern Steel Bhd Days Sales Outstanding Related Terms

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Southern Steel Bhd (XKLS:5665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Southern Steel Bhd (XKLS:5665) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2435, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600

Website

https://www.southsteel.com

Southern Steel Bhd is an investment holding company. The company's operating segment includes Steel products and Investment holding and others and Hot rolled coil operations. Its Steel products segment includes manufacturing, sale, and trading in billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products. Geographically, the group has its business in the regions of Malaysia, Taiwan, Papua New Guinea , Philippines, Bangladesh, Japan, Singapore, Indonesia, the United States of America, Australian and others of which majority of the revenue is derived from the Malaysia region.

Southern Steel Bhd (XKLS:5665) Headlines

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