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Anacle Systems (HKSE:08353) Days Sales Outstanding : 47.65 (As of Nov. 2023)


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What is Anacle Systems Days Sales Outstanding?

Anacle Systems's average Accounts Receivable for the three months ended in Nov. 2023 was HK$17.4 Mil. Anacle Systems's Revenue for the three months ended in Nov. 2023 was HK$33.2 Mil. Hence, Anacle Systems's Days Sales Outstanding for the three months ended in Nov. 2023 was 47.65.

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

HKSE:08353' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.97   Med: 91.17   Max: 134.75
Current: 52.97

During the past 9 years, Anacle Systems's highest Days Sales Outstanding was 134.75. The lowest was 52.97. And the median was 91.17.

HKSE:08353's Days Sales Outstanding is ranked better than
60.67% of 2728 companies
in the Software industry
Industry Median: 61.85 vs HKSE:08353: 52.97

Anacle Systems's Days Sales Outstanding declined from Nov. 2022 (110.44) to Nov. 2023 (47.65).


Anacle Systems Days Sales Outstanding Historical Data

The historical data trend for Anacle Systems'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.

Anacle Systems Days Sales Outstanding Chart

Anacle Systems Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 134.75 108.82 110.67 91.17 63.25

Anacle Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.50 49.89 75.36 47.65 42.55

Competitive Comparison of Anacle Systems's Days Sales Outstanding

For the Software - Application subindustry, Anacle Systems'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.


Anacle Systems's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Anacle Systems's Days Sales Outstanding falls into.



Anacle Systems 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.

Anacle Systems's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

Days Sales Outstanding (A: May. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )*Days in Period
=( (22.028 + 26.23) / 2 ) / 139.252*365
=24.129 / 139.252*365
=63.25

Anacle Systems's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding (Q: Nov. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Nov. 2023 )) / count ) / Revenue (A: Nov. 2023 )*Days in Period
=( (0 + 17.354) / 1 ) / 33.23*365 / 4
=17.354 / 33.23*365 / 4
=47.65

* 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.


Anacle Systems  (HKSE:08353) Days Sales Outstanding Explanation

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


Anacle Systems Days Sales Outstanding Related Terms

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Anacle Systems (HKSE:08353) Business Description

Traded in Other Exchanges
N/A
Address
3 Fusionopolis Way, No. 14-21 Symbiosis, Singapore, SGP, 138633
Anacle Systems Ltd is a Singapore-based company engaged in software development. It has three operating segments. Simplicity and MyBill segment, which is the key revenue driver, provides specific solutions for enterprise asset management, shared resources management, tenancy management, financial management, supply chain management, customer relationship management and billing management; Starlight segment provides all-time access to the energy profiles of buildings, including information such as energy consumption, power quality, energy analytics, and carbon footprint profiles; and SpaceMonster segment provides an online venue booking platform. Its geographical segments include Singapore, Malaysia, Thailand, China and others, of which the majority of the revenue comes from Singapore.

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