Advanced Information Technology PCL (BKK:AIT) Days Sales Outstanding : 109.16 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Advanced Information Technology PCL Days Sales Outstanding?

Advanced Information Technology PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,984 Mil. Advanced Information Technology PCL's Revenue for the three months ended in Mar. 2024 was ฿1,658 Mil. Hence, Advanced Information Technology PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 109.16.

The historical rank and industry rank for Advanced Information Technology PCL's Days Sales Outstanding or its related term are showing as below:

BKK:AIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 92.24 Med: 116.68 Max: 165.64
Current: 113.35

During the past 13 years, Advanced Information Technology PCL's highest Days Sales Outstanding was 165.64. The lowest was 92.24. And the median was 116.68.

BKK:AIT's Days Sales Outstanding is ranked worse than
80.75% of 2732 companies
in the Software industry
Industry Median: 61.815 vs BKK:AIT: 113.35

Advanced Information Technology PCL's Days Sales Outstanding declined from Mar. 2023 (134.49) to Mar. 2024 (109.16).

Advanced Information Technology PCL Days Sales Outstanding Historical Data

The historical data trend for Advanced Information Technology 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.

* Premium members only.

Advanced Information Technology PCL Days Sales Outstanding Chart

Advanced Information Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

96.80

133.38

124.20

110.98

109.34

Advanced Information Technology PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															134.49	112.08	129.70	112.60	109.16

Competitive Comparison of Advanced Information Technology PCL's Days Sales Outstanding

For the Information Technology Services subindustry, Advanced Information Technology 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.

Advanced Information Technology PCL's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Advanced Information Technology PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advanced Information Technology PCL's Days Sales Outstanding falls into.

Advanced Information Technology 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.

Advanced Information Technology PCL'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
=	( (1901.983	+	1949.979)	/	2 )	/	6429.215	*	365
=	1925.981					/	6429.215	*	365
=	109.34

Advanced Information Technology PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1949.979	+	2017.912)	/	2 )	/	1658.371	*	365 / 4
=	1983.9455					/	1658.371	*	365 / 4
=	109.16

Advanced Information Technology PCL (BKK:AIT) Days Sales Outstanding Explanation

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

Advanced Information Technology PCL Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Advanced Information Technology PCL's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Advanced Information Technology PCL (BKK:AIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Information Technology PCL (BKK:AIT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320

Website

https://www.ait.co.th

Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.