Sirisoft PCL (BKK:SRS) Days Sales Outstanding : 35.88 (As of Dec. 2023)

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What is Sirisoft PCL Days Sales Outstanding?

Sirisoft PCL's average Accounts Receivable for the six months ended in Dec. 2023 was ฿54.8 Mil. Sirisoft PCL's Revenue for the six months ended in Dec. 2023 was ฿278.7 Mil. Hence, Sirisoft PCL's Days Sales Outstanding for the six months ended in Dec. 2023 was 35.88.

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

BKK:SRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.29 Med: 41.33 Max: 56.73
Current: 32.29

During the past 4 years, Sirisoft PCL's highest Days Sales Outstanding was 56.73. The lowest was 32.29. And the median was 41.33.

BKK:SRS's Days Sales Outstanding is ranked better than
84.16% of 2728 companies
in the Software industry
Industry Median: 61.675 vs BKK:SRS: 32.29

Sirisoft PCL's Days Sales Outstanding declined from Dec. 2022 (42.25) to Dec. 2023 (35.88).

Sirisoft PCL Days Sales Outstanding Historical Data

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

Sirisoft PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

56.73

41.33

39.06

Sirisoft PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	40.47	42.25	22.56	35.88

Competitive Comparison of Sirisoft PCL's Days Sales Outstanding

For the Information Technology Services subindustry, Sirisoft 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.

Sirisoft PCL's Days Sales Outstanding Distribution in the Software Industry

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

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

Sirisoft 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.

Sirisoft 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
=	( (45.625	+	79.525)	/	2 )	/	584.726	*	365
=	62.575					/	584.726	*	365
=	39.06

Sirisoft PCL'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (30.058	+	79.525)	/	2 )	/	278.672	*	365 / 2
=	54.7915					/	278.672	*	365 / 2
=	35.88

Sirisoft PCL (BKK:SRS) Days Sales Outstanding Explanation

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

Sirisoft PCL Days Sales Outstanding Related Terms

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Sirisoft PCL (BKK:SRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sirisoft PCL (BKK:SRS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratchadaphisek Road, 15th Floor, 89 AIA Capital Center Building, Dindaeng district, Bangkok, THA, 10400

Website

https://www.sirisoft.co.th

Sirisoft PCL is company which is a IT service provider focusing on Database, Software Engineer and Application Integration, and Software Development. Their core business capabilities are to provide an end-to-end technology services from infrastructure architecture design and consulting, to a day-to-day operation, conduct monitoring, performance tuning, troubleshooting and pro-active maintenance services, based on technologies that specific to client's requirements.