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Mermaid Maritime PCL (SGX:DU4) Days Sales Outstanding : 109.25 (As of Mar. 2024)


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What is Mermaid Maritime PCL Days Sales Outstanding?

Mermaid Maritime PCL's average Accounts Receivable for the three months ended in Mar. 2024 was S$141.3 Mil. Mermaid Maritime PCL's Revenue for the three months ended in Mar. 2024 was S$118.0 Mil. Hence, Mermaid Maritime PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 109.25.

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

SGX:DU4' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.02   Med: 136.33   Max: 183.42
Current: 107.26

During the past 13 years, Mermaid Maritime PCL's highest Days Sales Outstanding was 183.42. The lowest was 71.02. And the median was 136.33.

SGX:DU4's Days Sales Outstanding is ranked worse than
84.39% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs SGX:DU4: 107.26

Mermaid Maritime PCL's Days Sales Outstanding declined from Mar. 2023 (115.20) to Mar. 2024 (109.25).


Mermaid Maritime PCL Days Sales Outstanding Historical Data

The historical data trend for Mermaid Maritime PCL'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.

Mermaid Maritime PCL Days Sales Outstanding Chart

Mermaid Maritime PCL Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.80 183.42 131.86 71.02 74.53

Mermaid Maritime PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 115.20 113.72 100.93 95.81 109.25

Competitive Comparison of Mermaid Maritime PCL's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mermaid Maritime PCL's Days Sales Outstanding falls into.



Mermaid Maritime PCL 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.

Mermaid Maritime PCL'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
=( (54.894 + 94.92) / 2 ) / 366.863*365
=74.907 / 366.863*365
=74.53

Mermaid Maritime PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (94.92 + 187.681) / 2 ) / 118.016*365 / 4
=141.3005 / 118.016*365 / 4
=109.25

* 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.


Mermaid Maritime PCL  (SGX:DU4) Days Sales Outstanding Explanation

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


Mermaid Maritime PCL Days Sales Outstanding Related Terms

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Mermaid Maritime PCL (SGX:DU4) Business Description

Traded in Other Exchanges
N/A
Address
Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.

Mermaid Maritime PCL (SGX:DU4) Headlines

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