Advancer Global (SGX:43Q) Days Sales Outstanding : 68.26 (As of Dec. 2023)

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What is Advancer Global Days Sales Outstanding?

Advancer Global's average Accounts Receivable for the six months ended in Dec. 2023 was S$12.60 Mil. Advancer Global's Revenue for the six months ended in Dec. 2023 was S$33.70 Mil. Hence, Advancer Global's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.26.

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

SGX:43Q' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.59 Med: 58.38 Max: 83.4
Current: 74.15

During the past 11 years, Advancer Global's highest Days Sales Outstanding was 83.40. The lowest was 41.59. And the median was 58.38.

SGX:43Q's Days Sales Outstanding is ranked worse than
67.66% of 1039 companies
in the Business Services industry
Industry Median: 58.15 vs SGX:43Q: 74.15

Advancer Global's Days Sales Outstanding declined from Dec. 2022 (84.00) to Dec. 2023 (68.26).

Advancer Global Days Sales Outstanding Historical Data

The historical data trend for Advancer Global'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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Advancer Global Days Sales Outstanding Chart

Advancer Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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59.00

75.76

64.58

70.12

83.40

Advancer Global Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															78.74	70.68	84.00	70.89	68.26

Competitive Comparison of Advancer Global's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Advancer Global'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.

Advancer Global's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Advancer Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advancer Global's Days Sales Outstanding falls into.

Advancer Global 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.

Advancer Global'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
=	( (14.46	+	15.281)	/	2 )	/	65.081	*	365
=	14.8705					/	65.081	*	365
=	83.40

Advancer Global'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
=	( (9.924	+	15.281)	/	2 )	/	33.695	*	365 / 2
=	12.6025					/	33.695	*	365 / 2
=	68.26

Advancer Global (SGX:43Q) Days Sales Outstanding Explanation

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

Advancer Global Days Sales Outstanding Related Terms

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Advancer Global (SGX:43Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advancer Global Ltd (SGX:43Q) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 Jurong Gateway Road, Number 05-317, Singapore, SGP, 600135

Website

https://www.advancer.sg

Advancer Global Ltd is engaged in providing employment services, facilities management services, and security services. The company operates in three business segment that is Employment Services Business, which provide services for the sourcing, employment and training of FDWs to households, Building Management Services, which provides integrated building facility management services including property consultancy, property and facilities management services, property valuation, and Security Services Business, which provide manpower and technology for security solutions and services to, amongst others, commercial, industrial and residential properties. The Building Management Services Segment generates maximum revenue for the company.

Advancer Global (SGX:43Q) Headlines

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