Tiong Nam Logistics Holdings Bhd (XKLS:8397) Days Sales Outstanding : 118.32 (As of Dec. 2023)

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What is Tiong Nam Logistics Holdings Bhd Days Sales Outstanding?

Tiong Nam Logistics Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM244.9 Mil. Tiong Nam Logistics Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM188.9 Mil. Hence, Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 118.32.

The historical rank and industry rank for Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding or its related term are showing as below:

XKLS:8397' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.47 Med: 94.92 Max: 114.8
Current: 114.8

During the past 13 years, Tiong Nam Logistics Holdings Bhd's highest Days Sales Outstanding was 114.80. The lowest was 79.47. And the median was 94.92.

XKLS:8397's Days Sales Outstanding is ranked worse than
89.72% of 963 companies
in the Transportation industry
Industry Median: 46.08 vs XKLS:8397: 114.80

Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding declined from Dec. 2022 (129.83) to Dec. 2023 (118.32).

Tiong Nam Logistics Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for Tiong Nam Logistics Holdings 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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Tiong Nam Logistics Holdings Bhd Days Sales Outstanding Chart

Tiong Nam Logistics Holdings Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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104.17

95.93

95.77

91.21

88.77

Tiong Nam Logistics Holdings 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															129.83	106.72	103.45	124.67	118.32

Competitive Comparison of Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Tiong Nam Logistics Holdings 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.

Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding falls into.

Tiong Nam Logistics Holdings 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.

Tiong Nam Logistics Holdings Bhd's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (174.335	+	178.654)	/	2 )	/	725.692	*	365
=	176.4945					/	725.692	*	365
=	88.77

Tiong Nam Logistics Holdings 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
=	( (243.021	+	246.875)	/	2 )	/	188.906	*	365 / 4
=	244.948					/	188.906	*	365 / 4
=	118.32

Tiong Nam Logistics Holdings Bhd (XKLS:8397) Days Sales Outstanding Explanation

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

Tiong Nam Logistics Holdings Bhd Days Sales Outstanding Related Terms

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Tiong Nam Logistics Holdings Bhd (XKLS:8397) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tiong Nam Logistics Holdings Bhd (XKLS:8397) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kempas Baru, Lot 30462, Johor Bahru, JHR, MYS, 81200

Website

http://www.tiongnam.com

Tiong Nam Logistics Holdings Bhd is a Malaysia-based investment holding company engaged in the provision of fully integrated logistics and warehousing services in the Asia Pacific region. It operates through four segments namely Logistics and warehousing services, which is the key revenue driver; Investment, Property Development, and Hotel and dormitory. It offers a variety of services such as warehouse space management services, trucking delivery, cross-border transfers, container haulage, heavy transportation, and last measure delivery for e-commerce companies. The company operates mainly in Malaysia.

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