Sin Heng Heavy Machinery (SGX:BKA) Days Sales Outstanding : 70.67 (As of Dec. 2023)

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What is Sin Heng Heavy Machinery Days Sales Outstanding?

Sin Heng Heavy Machinery's average Accounts Receivable for the six months ended in Dec. 2023 was S$12.20 Mil. Sin Heng Heavy Machinery's Revenue for the six months ended in Dec. 2023 was S$31.49 Mil. Hence, Sin Heng Heavy Machinery's Days Sales Outstanding for the six months ended in Dec. 2023 was 70.67.

The historical rank and industry rank for Sin Heng Heavy Machinery's Days Sales Outstanding or its related term are showing as below:

SGX:BKA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.38 Med: 87.48 Max: 158.09
Current: 62.17

During the past 13 years, Sin Heng Heavy Machinery's highest Days Sales Outstanding was 158.09. The lowest was 58.38. And the median was 87.48.

SGX:BKA's Days Sales Outstanding is ranked better than
59.62% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.4 vs SGX:BKA: 62.17

Sin Heng Heavy Machinery's Days Sales Outstanding increased from Dec. 2022 (69.99) to Dec. 2023 (70.67).

Sin Heng Heavy Machinery Days Sales Outstanding Historical Data

The historical data trend for Sin Heng Heavy Machinery'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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Sin Heng Heavy Machinery Days Sales Outstanding Chart

Sin Heng Heavy Machinery Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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101.40

158.09

107.07

63.07

58.38

Sin Heng Heavy Machinery Semi-Annual Data
	Jun14	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															61.81	62.50	69.99	58.08	70.67

Competitive Comparison of Sin Heng Heavy Machinery's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Sin Heng Heavy Machinery'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.

Sin Heng Heavy Machinery's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sin Heng Heavy Machinery's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sin Heng Heavy Machinery's Days Sales Outstanding falls into.

Sin Heng Heavy Machinery 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.

Sin Heng Heavy Machinery'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
=	( (9.453	+	11.735)	/	2 )	/	66.23	*	365
=	10.594					/	66.23	*	365
=	58.38

Sin Heng Heavy Machinery'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
=	( (12.657	+	11.735)	/	2 )	/	31.494	*	365 / 2
=	12.196					/	31.494	*	365 / 2
=	70.67

Sin Heng Heavy Machinery (SGX:BKA) Days Sales Outstanding Explanation

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

Sin Heng Heavy Machinery Days Sales Outstanding Related Terms

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Sin Heng Heavy Machinery (SGX:BKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sin Heng Heavy Machinery Ltd (SGX:BKA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SNVA:Germany

Address

26 Gul Road, Singapore, SGP, 629346

Website

http://www.sinheng.com.sg

Sin Heng Heavy Machinery Ltd is a lifting service provider. The core business activities are the rental and trading of cranes, aerial lifts, and other lifting equipment. The company has two reportable operating segments namely Equipment rental and Trading. Equipment rental includes the rental of cranes and aerial lifts. Trading includes trading of cranes and aerial lifts. Most of the group's revenue comes from Singapore.

Sin Heng Heavy Machinery (SGX:BKA) Headlines

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