Mida Assets PCL (BKK:MIDA) Days Sales Outstanding : 217.05 (As of Sep. 2024)

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What is Mida Assets PCL Days Sales Outstanding?

Mida Assets PCL's average Accounts Receivable for the three months ended in Sep. 2024 was ฿1,195 Mil. Mida Assets PCL's Revenue for the three months ended in Sep. 2024 was ฿502 Mil. Hence, Mida Assets PCL's Days Sales Outstanding for the three months ended in Sep. 2024 was 217.05.

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

BKK:MIDA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 158.59 Med: 218.98 Max: 284.03
Current: 211.14

During the past 13 years, Mida Assets PCL's highest Days Sales Outstanding was 284.03. The lowest was 158.59. And the median was 218.98.

BKK:MIDA's Days Sales Outstanding is ranked worse than
74.11% of 282 companies
in the Credit Services industry
Industry Median: 43.53 vs BKK:MIDA: 211.14

Mida Assets PCL's Days Sales Outstanding increased from Sep. 2023 (126.97) to Sep. 2024 (217.05).

Mida Assets PCL Days Sales Outstanding Historical Data

The historical data trend for Mida Assets 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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Mida Assets PCL Days Sales Outstanding Chart

Mida Assets PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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217.34

244.04

284.03

240.15

158.59

Mida Assets PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															126.97	178.94	217.03	247.07	217.05

Competitive Comparison of Mida Assets PCL's Days Sales Outstanding

For the Credit Services subindustry, Mida Assets 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.

Mida Assets PCL's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Assets PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mida Assets PCL's Days Sales Outstanding falls into.

Mida Assets 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.

Mida Assets 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
=	( (1280.183	+	1240.427)	/	2 )	/	2900.62	*	365
=	1260.305					/	2900.62	*	365
=	158.59

Mida Assets PCL's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (1204.685	+	1184.475)	/	2 )	/	502.21	*	365 / 4
=	1194.58					/	502.21	*	365 / 4
=	217.05

Mida Assets PCL (BKK:MIDA) Days Sales Outstanding Explanation

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

Mida Assets PCL Days Sales Outstanding Related Terms

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Mida Assets PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mida Assets PCL (BKK:MIDA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MIDA-R:Thailand

Address

267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700

Website

http://www.midaassets.com

Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandise and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.

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