Advice IT Infinite PCL (BKK:ADVICE) Days Sales Outstanding : 7.15 (As of Sep. 2023)

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What is Advice IT Infinite PCL Days Sales Outstanding?

Advice IT Infinite PCL's average Accounts Receivable for the three months ended in Sep. 2023 was ฿281 Mil. Advice IT Infinite PCL's Revenue for the three months ended in Sep. 2023 was ฿3,586 Mil. Hence, Advice IT Infinite PCL's Days Sales Outstanding for the three months ended in Sep. 2023 was 7.15.

The historical rank and industry rank for Advice IT Infinite PCL's Days Sales Outstanding or its related term are showing as below:

BKK:ADVICE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.32 Med: 5.92 Max: 15.28
Current: 15.28

During the past 3 years, Advice IT Infinite PCL's highest Days Sales Outstanding was 15.28. The lowest was 5.32. And the median was 5.92.

BKK:ADVICE's Days Sales Outstanding is ranked better than
97.72% of 2460 companies
in the Hardware industry
Industry Median: 74.07 vs BKK:ADVICE: 15.28

Advice IT Infinite PCL's Days Sales Outstanding increased from . 20 (0.00) to Sep. 2023 (7.15).

Advice IT Infinite PCL Days Sales Outstanding Historical Data

The historical data trend for Advice IT Infinite PCL'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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Advice IT Infinite PCL Days Sales Outstanding Chart

Advice IT Infinite PCL Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

5.32

6.51

Advice IT Infinite PCL Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Days Sales Outstanding	-	5.82	8.28	7.15

Competitive Comparison of Advice IT Infinite PCL's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, Advice IT Infinite PCL'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.

Advice IT Infinite PCL's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advice IT Infinite PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advice IT Infinite PCL's Days Sales Outstanding falls into.

Advice IT Infinite PCL 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.

Advice IT Infinite PCL's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (228.934	+	284.009)	/	2 )	/	14388.233	*	365
=	256.4715					/	14388.233	*	365
=	6.51

Advice IT Infinite PCL's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (284.009	+	278.261)	/	2 )	/	3586.388	*	365 / 4
=	281.135					/	3586.388	*	365 / 4
=	7.15

Advice IT Infinite PCL (BKK:ADVICE) Days Sales Outstanding Explanation

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

Advice IT Infinite PCL Days Sales Outstanding Related Terms

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Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advice IT Infinite PCL (BKK:ADVICE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA

Website

https://www.advice.co.th

Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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