Frontken Bhd (XKLS:0128) Days Sales Outstanding : 78.80 (As of Mar. 2024)

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What is Frontken Bhd Days Sales Outstanding?

Frontken Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM121.3 Mil. Frontken Bhd's Revenue for the three months ended in Mar. 2024 was RM140.5 Mil. Hence, Frontken Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.80.

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

XKLS:0128' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.58 Med: 103.37 Max: 128.97
Current: 85.85

During the past 13 years, Frontken Bhd's highest Days Sales Outstanding was 128.97. The lowest was 84.58. And the median was 103.37.

XKLS:0128's Days Sales Outstanding is ranked worse than
76.66% of 1037 companies
in the Business Services industry
Industry Median: 58.74 vs XKLS:0128: 85.85

Frontken Bhd's Days Sales Outstanding declined from Mar. 2023 (97.70) to Mar. 2024 (78.80).

Frontken Bhd Days Sales Outstanding Historical Data

The historical data trend for Frontken Bhd'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.

Frontken Bhd Days Sales Outstanding Chart

Frontken Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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103.70

93.86

88.67

84.58

88.69

Frontken Bhd 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															97.70	94.00	87.72	85.39	78.80

Competitive Comparison of Frontken Bhd's Days Sales Outstanding

For the Specialty Business Services subindustry, Frontken Bhd'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.

Frontken Bhd's Days Sales Outstanding Distribution in the Business Services Industry

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

* The bar in red indicates where Frontken Bhd's Days Sales Outstanding falls into.

Frontken Bhd 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.

Frontken Bhd'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
=	( (124.086	+	118.975)	/	2 )	/	500.149	*	365
=	121.5305					/	500.149	*	365
=	88.69

Frontken Bhd'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
=	( (118.975	+	123.706)	/	2 )	/	140.517	*	365 / 4
=	121.3405					/	140.517	*	365 / 4
=	78.80

Frontken Bhd (XKLS:0128) Days Sales Outstanding Explanation

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

Frontken Bhd Days Sales Outstanding Related Terms

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Frontken Bhd (XKLS:0128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontken Corp Bhd (XKLS:0128) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350

Website

https://www.frontken.com

Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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