Proen PCL (BKK:PROEN) Days Sales Outstanding : 161.73 (As of Mar. 2024)

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What is Proen PCL Days Sales Outstanding?

Proen PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿245.8 Mil. Proen PCL's Revenue for the three months ended in Mar. 2024 was ฿138.7 Mil. Hence, Proen PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 161.73.

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

BKK:PROEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.64 Med: 44.75 Max: 126.68
Current: 126.68

During the past 5 years, Proen PCL's highest Days Sales Outstanding was 126.68. The lowest was 38.64. And the median was 44.75.

BKK:PROEN's Days Sales Outstanding is ranked worse than
87.5% of 376 companies
in the Telecommunication Services industry
Industry Median: 56.56 vs BKK:PROEN: 126.68

Proen PCL's Days Sales Outstanding increased from Mar. 2023 (92.40) to Mar. 2024 (161.73).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Proen PCL Days Sales Outstanding Historical Data

The historical data trend for Proen 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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Proen PCL Days Sales Outstanding Chart

Proen PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

48.07

38.64

44.75

41.12

102.40

Proen PCL Quarterly Data
	Dec19	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												92.40	163.36	96.77	117.77	161.73

Competitive Comparison of Proen PCL's Days Sales Outstanding

For the Telecom Services subindustry, Proen 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.

Proen PCL's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proen PCL's Days Sales Outstanding distribution charts can be found below:

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

Proen 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.

Proen 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
=	( (181.223	+	247.065)	/	2 )	/	763.316	*	365
=	214.144					/	763.316	*	365
=	102.40

Proen 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
=	( (247.065	+	244.476)	/	2 )	/	138.666	*	365 / 4
=	245.7705					/	138.666	*	365 / 4
=	161.73

Proen PCL (BKK:PROEN) Days Sales Outstanding Explanation

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

Proen PCL Days Sales Outstanding Related Terms

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Proen PCL (BKK:PROEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proen Corp PCL (BKK:PROEN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Charoenkrung Road, 72 CAT Telecom Building, 4th, 18th Floor, Bangrak Sub-district, Bangrak District, Bangkok, THA, 10500

Website

https://www.proen.co.th

Proen Corp PCL is engaged in the business of IT equipment distributor, providing internet data center services and related services, providing internet security services, and construction. The Group has three segments which are comprised of IT equipment distribution, Internet data center, and related services and Construction of which key revenue is from the IT equipment segment. The Group operates in Thailand.

Proen PCL (BKK:PROEN) Headlines

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