Excel Force MSC Bhd (XKLS:0065) Days Sales Outstanding : 46.84 (As of Dec. 2023)

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What is Excel Force MSC Bhd Days Sales Outstanding?

Excel Force MSC Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM3.76 Mil. Excel Force MSC Bhd's Revenue for the three months ended in Dec. 2023 was RM7.33 Mil. Hence, Excel Force MSC Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.84.

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

XKLS:0065' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.23 Med: 79.3 Max: 118.18
Current: 64.65

During the past 13 years, Excel Force MSC Bhd's highest Days Sales Outstanding was 118.18. The lowest was 51.23. And the median was 79.30.

XKLS:0065's Days Sales Outstanding is ranked worse than
52.53% of 2726 companies
in the Software industry
Industry Median: 62.175 vs XKLS:0065: 64.65

Excel Force MSC Bhd's Days Sales Outstanding declined from Jun. 2022 (67.05) to Dec. 2023 (46.84).

Excel Force MSC Bhd Days Sales Outstanding Historical Data

The historical data trend for Excel Force MSC 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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Excel Force MSC Bhd Days Sales Outstanding Chart

Excel Force MSC Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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85.24

51.23

66.64

84.04

65.10

Excel Force MSC Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															67.05	52.92	47.92	50.05	46.84

Competitive Comparison of Excel Force MSC Bhd's Days Sales Outstanding

For the Software - Application subindustry, Excel Force MSC 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.

Excel Force MSC Bhd's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Excel Force MSC Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Excel Force MSC Bhd's Days Sales Outstanding falls into.

Excel Force MSC 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.

Excel Force MSC Bhd's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (5.348	+	5.848)	/	2 )	/	31.386	*	365
=	5.598					/	31.386	*	365
=	65.10

Excel Force MSC 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
=	( (3.984	+	3.542)	/	2 )	/	7.331	*	365 / 4
=	3.763					/	7.331	*	365 / 4
=	46.84

Excel Force MSC Bhd (XKLS:0065) Days Sales Outstanding Explanation

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

Excel Force MSC Bhd Days Sales Outstanding Related Terms

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Excel Force MSC Bhd (XKLS:0065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Force MSC Bhd (XKLS:0065) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.excelforce.com.my

Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction-based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

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