PT Ace Hardware Indonesia Tbk (ISX:ACES) Days Sales Outstanding : 6.67 (As of Dec. 2023)

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What is PT Ace Hardware Indonesia Tbk Days Sales Outstanding?

PT Ace Hardware Indonesia Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp154,888 Mil. PT Ace Hardware Indonesia Tbk's Revenue for the three months ended in Dec. 2023 was Rp2,118,248 Mil. Hence, PT Ace Hardware Indonesia Tbk's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.67.

The historical rank and industry rank for PT Ace Hardware Indonesia Tbk's Days Sales Outstanding or its related term are showing as below:

ISX:ACES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.38 Med: 3.41 Max: 6.82
Current: 5.41

During the past 13 years, PT Ace Hardware Indonesia Tbk's highest Days Sales Outstanding was 6.82. The lowest was 1.38. And the median was 3.41.

ISX:ACES's Days Sales Outstanding is ranked better than
79.04% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.66 vs ISX:ACES: 5.41

PT Ace Hardware Indonesia Tbk's Days Sales Outstanding increased from Dec. 2022 (3.70) to Dec. 2023 (6.67).

PT Ace Hardware Indonesia Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Ace Hardware Indonesia Tbk'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.

PT Ace Hardware Indonesia Tbk Days Sales Outstanding Chart

PT Ace Hardware Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.81

5.72

5.86

4.12

6.82

PT Ace Hardware Indonesia Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															3.70	4.25	3.99	5.09	6.67

Competitive Comparison of PT Ace Hardware Indonesia Tbk's Days Sales Outstanding

For the Specialty Retail subindustry, PT Ace Hardware Indonesia Tbk'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.

PT Ace Hardware Indonesia Tbk's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Ace Hardware Indonesia Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Ace Hardware Indonesia Tbk's Days Sales Outstanding falls into.

PT Ace Hardware Indonesia Tbk 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.

PT Ace Hardware Indonesia Tbk'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
=	( (85854.927	+	198609.751)	/	2 )	/	7611866.067	*	365
=	142232.339					/	7611866.067	*	365
=	6.82

PT Ace Hardware Indonesia Tbk'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (111166.165	+	198609.751)	/	2 )	/	2118248.059	*	365 / 4
=	154887.958					/	2118248.059	*	365 / 4
=	6.67

PT Ace Hardware Indonesia Tbk (ISX:ACES) Days Sales Outstanding Explanation

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

PT Ace Hardware Indonesia Tbk Days Sales Outstanding Related Terms

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PT Ace Hardware Indonesia Tbk (ISX:ACES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Ace Hardware Indonesia Tbk (ISX:ACES) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ACEHF:USA

Address

Jalan Puri Kencana No. 1, Kawan Lama Building, Kembangan Selatan, Jakarta, IDN, 11610

Website

https://www.acehardware.co.id

PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and other products, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

PT Ace Hardware Indonesia Tbk (ISX:ACES) Headlines

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