MY E.G.Services Bhd (XKLS:0138) Days Sales Outstanding : 139.02 (As of Dec. 2023)

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What is MY E.G.Services Bhd Days Sales Outstanding?

MY E.G.Services Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM338.3 Mil. MY E.G.Services Bhd's Revenue for the three months ended in Dec. 2023 was RM222.0 Mil. Hence, MY E.G.Services Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 139.02.

The historical rank and industry rank for MY E.G.Services Bhd's Days Sales Outstanding or its related term are showing as below:

XKLS:0138' s Days Sales Outstanding Range Over the Past 10 Years
Min: 107.39 Med: 167.68 Max: 265.27
Current: 159.54

During the past 13 years, MY E.G.Services Bhd's highest Days Sales Outstanding was 265.27. The lowest was 107.39. And the median was 167.68.

XKLS:0138's Days Sales Outstanding is ranked worse than
87.01% of 2725 companies
in the Software industry
Industry Median: 61.89 vs XKLS:0138: 159.54

MY E.G.Services Bhd's Days Sales Outstanding declined from Dec. 2022 (173.57) to Dec. 2023 (139.02).

MY E.G.Services Bhd Days Sales Outstanding Historical Data

The historical data trend for MY E.G.Services 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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MY E.G.Services Bhd Days Sales Outstanding Chart

MY E.G.Services Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

160.31

115.52

116.73

175.04

159.31

MY E.G.Services Bhd Quarterly Data
	Mar18	Dec18	Mar19	Jun19	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															173.57	178.11	167.98	158.62	139.02

Competitive Comparison of MY E.G.Services Bhd's Days Sales Outstanding

For the Information Technology Services subindustry, MY E.G.Services 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.

MY E.G.Services Bhd's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, MY E.G.Services Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MY E.G.Services Bhd's Days Sales Outstanding falls into.

MY E.G.Services 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.

MY E.G.Services 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
=	( (334.859	+	341.028)	/	2 )	/	774.261	*	365
=	337.9435					/	774.261	*	365
=	159.31

MY E.G.Services 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
=	( (335.547	+	341.028)	/	2 )	/	222.041	*	365 / 4
=	338.2875					/	222.041	*	365 / 4
=	139.02

MY E.G.Services Bhd (XKLS:0138) Days Sales Outstanding Explanation

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

MY E.G.Services Bhd Days Sales Outstanding Related Terms

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MY E.G.Services Bhd (XKLS:0138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MY E.G.Services Bhd (XKLS:0138) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 8, Jalan Damansara, PJU 8, Level 43A, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.myeg.com.my

MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is majorly engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. It also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services. It derives the majority of revenue from Malaysia.

MY E.G.Services Bhd (XKLS:0138) Headlines

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