MindChamps PreSchool (SGX:CNE) Days Sales Outstanding : 87.29 (As of Dec. 2023)

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What is MindChamps PreSchool Days Sales Outstanding?

MindChamps PreSchool's average Accounts Receivable for the six months ended in Dec. 2023 was S$18.03 Mil. MindChamps PreSchool's Revenue for the six months ended in Dec. 2023 was S$37.70 Mil. Hence, MindChamps PreSchool's Days Sales Outstanding for the six months ended in Dec. 2023 was 87.29.

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

SGX:CNE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.65 Med: 51.22 Max: 74
Current: 74

During the past 10 years, MindChamps PreSchool's highest Days Sales Outstanding was 74.00. The lowest was 34.65. And the median was 51.22.

SGX:CNE's Days Sales Outstanding is ranked worse than
75.2% of 250 companies
in the Education industry
Industry Median: 27.545 vs SGX:CNE: 74.00

MindChamps PreSchool's Days Sales Outstanding declined from Dec. 2022 (99.61) to Dec. 2023 (87.29).

MindChamps PreSchool Days Sales Outstanding Historical Data

The historical data trend for MindChamps PreSchool'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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MindChamps PreSchool Days Sales Outstanding Chart

MindChamps PreSchool Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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46.26

50.35

43.99

47.36

34.65

MindChamps PreSchool Semi-Annual Data
	Dec14	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													74.62	91.26	99.61	100.49	87.29

Competitive Comparison of MindChamps PreSchool's Days Sales Outstanding

For the Education & Training Services subindustry, MindChamps PreSchool'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.

MindChamps PreSchool's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, MindChamps PreSchool's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MindChamps PreSchool's Days Sales Outstanding falls into.

MindChamps PreSchool 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.

MindChamps PreSchool'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
=	( (8.277	+	5.566)	/	2 )	/	72.908	*	365
=	6.9215					/	72.908	*	365
=	34.65

MindChamps PreSchool'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
=	( (30.499	+	5.566)	/	2 )	/	37.699	*	365 / 2
=	18.0325					/	37.699	*	365 / 2
=	87.29

MindChamps PreSchool (SGX:CNE) Days Sales Outstanding Explanation

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

MindChamps PreSchool Days Sales Outstanding Related Terms

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MindChamps PreSchool (SGX:CNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MindChamps PreSchool Ltd (SGX:CNE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Raffles Boulevard, No. 04-100 Marina Square, Singapore, SGP, 039594

Website

https://www.mindchamps.org

MindChamps PreSchool Ltd is a Singapore-based investment holding company. Principally, it is engaged in the business of childcare services. The company operates through four segments, namely Education, Franchise, Corporate, and others. Its education segment provides childcare, education, and learning-related services for preschool children. The franchise segment is involved in the franchising of childcare services and enrichment classes. Its Corporate segment provides administrative support services and a corporate office. Its other segment comprises of higher education programs, business, and management consulting services. The company generates revenue mainly through services offered in the education segment. It operates in two geographical segments: Singapore and Australia.

MindChamps PreSchool (SGX:CNE) Headlines

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