Lee Swee Kiat Group Bhd (XKLS:8079) Days Sales Outstanding : 56.14 (As of Dec. 2023)

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What is Lee Swee Kiat Group Bhd Days Sales Outstanding?

Lee Swee Kiat Group Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM21.0 Mil. Lee Swee Kiat Group Bhd's Revenue for the three months ended in Dec. 2023 was RM34.2 Mil. Hence, Lee Swee Kiat Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.14.

The historical rank and industry rank for Lee Swee Kiat Group Bhd's Days Sales Outstanding or its related term are showing as below:

XKLS:8079' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.43 Med: 27.8 Max: 56.61
Current: 56.51

During the past 13 years, Lee Swee Kiat Group Bhd's highest Days Sales Outstanding was 56.61. The lowest was 26.43. And the median was 27.80.

XKLS:8079's Days Sales Outstanding is ranked worse than
55.21% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs XKLS:8079: 56.51

Lee Swee Kiat Group Bhd's Days Sales Outstanding increased from Dec. 2022 (44.60) to Dec. 2023 (56.14).

Lee Swee Kiat Group Bhd Days Sales Outstanding Historical Data

The historical data trend for Lee Swee Kiat Group 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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Lee Swee Kiat Group Bhd Days Sales Outstanding Chart

Lee Swee Kiat Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.44

27.04

34.46

42.61

56.61

Lee Swee Kiat Group 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															44.60	56.92	56.40	56.52	56.14

Competitive Comparison of Lee Swee Kiat Group Bhd's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Lee Swee Kiat Group 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.

Lee Swee Kiat Group Bhd's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lee Swee Kiat Group Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lee Swee Kiat Group Bhd's Days Sales Outstanding falls into.

Lee Swee Kiat Group 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.

Lee Swee Kiat Group Bhd'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
=	( (18.32	+	21.297)	/	2 )	/	127.707	*	365
=	19.8085					/	127.707	*	365
=	56.61

Lee Swee Kiat Group 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
=	( (20.797	+	21.297)	/	2 )	/	34.211	*	365 / 4
=	21.047					/	34.211	*	365 / 4
=	56.14

Lee Swee Kiat Group Bhd (XKLS:8079) Days Sales Outstanding Explanation

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

Lee Swee Kiat Group Bhd Days Sales Outstanding Related Terms

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Lee Swee Kiat Group Bhd (XKLS:8079) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lee Swee Kiat Group Bhd (XKLS:8079) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma LSK, Jalan Haji Abdul Manan, Lot 6122, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.lsk.com.my

Lee Swee Kiat Group Bhd operates in the Mattresses and bedsprings sector in Malaysia. The Group is organized into two business segments: Investment holding, and Natural latex and mattress-related products. The Natural latex and mattress related products segment which generates majority revenue engages in the manufacturing, trading, and distribution of mattresses, bedding accessories, laminated foam, polyurethane foam, natural latex foam, and other related products. The investment holding segment engages in investment holding activity.

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