MK Land Holdings Bhd (XKLS:8893) Days Sales Outstanding : 70.50 (As of Dec. 2023)

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What is MK Land Holdings Bhd Days Sales Outstanding?

MK Land Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM55.3 Mil. MK Land Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM71.6 Mil. Hence, MK Land Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.50.

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

XKLS:8893' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.61 Med: 152.82 Max: 352.79
Current: 84.53

During the past 13 years, MK Land Holdings Bhd's highest Days Sales Outstanding was 352.79. The lowest was 78.61. And the median was 152.82.

XKLS:8893's Days Sales Outstanding is ranked worse than
72.06% of 1668 companies
in the Real Estate industry
Industry Median: 36.985 vs XKLS:8893: 84.53

MK Land Holdings Bhd's Days Sales Outstanding declined from Dec. 2022 (74.58) to Dec. 2023 (70.50).

MK Land Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for MK Land 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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MK Land Holdings Bhd Days Sales Outstanding Chart

MK Land Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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120.20

112.26

100.68

78.61

95.74

MK Land 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															74.58	79.26	81.51	123.69	70.50

Competitive Comparison of MK Land Holdings Bhd's Days Sales Outstanding

For the Real Estate - Development subindustry, MK Land 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.

MK Land Holdings Bhd's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MK Land Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MK Land Holdings Bhd's Days Sales Outstanding falls into.

MK Land 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.

MK Land Holdings 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
=	( (42.121	+	69.932)	/	2 )	/	213.606	*	365
=	56.0265					/	213.606	*	365
=	95.74

MK Land 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
=	( (53.368	+	57.223)	/	2 )	/	71.569	*	365 / 4
=	55.2955					/	71.569	*	365 / 4
=	70.50

MK Land Holdings Bhd (XKLS:8893) Days Sales Outstanding Explanation

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

MK Land Holdings Bhd Days Sales Outstanding Related Terms

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MK Land Holdings Bhd (XKLS:8893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MK Land Holdings Bhd (XKLS:8893) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820

Website

https://www.mkland.com.my

MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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