Serial System (SGX:S69) Days Sales Outstanding : 71.02 (As of Dec. 2023)

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What is Serial System Days Sales Outstanding?

Serial System's average Accounts Receivable for the six months ended in Dec. 2023 was S$202 Mil. Serial System's Revenue for the six months ended in Dec. 2023 was S$518 Mil. Hence, Serial System's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.02.

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

SGX:S69' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.06 Med: 58.91 Max: 78.28
Current: 75.81

During the past 13 years, Serial System's highest Days Sales Outstanding was 78.28. The lowest was 44.06. And the median was 58.91.

SGX:S69's Days Sales Outstanding is ranked worse than
51.56% of 2461 companies
in the Hardware industry
Industry Median: 74.33 vs SGX:S69: 75.81

Serial System's Days Sales Outstanding declined from Dec. 2022 (74.50) to Dec. 2023 (71.02).

Serial System Days Sales Outstanding Historical Data

The historical data trend for Serial System'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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Serial System Days Sales Outstanding Chart

Serial System Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

62.90

60.46

59.25

66.50

78.28

Serial System 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															60.83	67.99	74.50	78.68	71.02

Competitive Comparison of Serial System's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, Serial System'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.

Serial System's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Serial System's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Serial System's Days Sales Outstanding falls into.

Serial System 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.

Serial System'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
=	( (229.667	+	203.966)	/	2 )	/	1010.999	*	365
=	216.8165					/	1010.999	*	365
=	78.28

Serial System'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
=	( (199.554	+	203.966)	/	2 )	/	518.427	*	365 / 2
=	201.76					/	518.427	*	365 / 2
=	71.02

Serial System (SGX:S69) Days Sales Outstanding Explanation

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

Serial System Days Sales Outstanding Related Terms

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Serial System (SGX:S69) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Serial System Ltd (SGX:S69) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Ubi View No. 05-01, Serial System Building, Singapore, SGP, 408554

Website

https://www.serialsystem.com

Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, photographic, and timepiece products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses.

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