Wellspire Holdings Bhd (XKLS:0271) Days Sales Outstanding : 59.94 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Wellspire Holdings Bhd Days Sales Outstanding?

Wellspire Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM19.1 Mil. Wellspire Holdings Bhd's Revenue for the three months ended in Mar. 2024 was RM29.1 Mil. Hence, Wellspire Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.94.

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

XKLS:0271' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.13 Med: 55.17 Max: 93.52
Current: 57.45

During the past 5 years, Wellspire Holdings Bhd's highest Days Sales Outstanding was 93.52. The lowest was 54.13. And the median was 55.17.

XKLS:0271's Days Sales Outstanding is ranked worse than
78.81% of 302 companies
in the Retail - Defensive industry
Industry Median: 23.635 vs XKLS:0271: 57.45

Wellspire Holdings Bhd's Days Sales Outstanding increased from Mar. 2023 (49.98) to Mar. 2024 (59.94).

Wellspire Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for Wellspire Holdings 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.

Wellspire Holdings Bhd Days Sales Outstanding Chart

Wellspire Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

93.52

57.75

54.41

54.13

55.17

Wellspire Holdings Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							49.98	-	-	52.84	59.94

Competitive Comparison of Wellspire Holdings Bhd's Days Sales Outstanding

For the Food Distribution subindustry, Wellspire Holdings 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.

Wellspire Holdings Bhd's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wellspire Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

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

Wellspire Holdings 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.

Wellspire Holdings 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
=	( (18.648	+	19.102)	/	2 )	/	124.88	*	365
=	18.875					/	124.88	*	365
=	55.17

Wellspire Holdings 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
=	( (19.102	+	0)	/	1 )	/	29.082	*	365 / 4
=	19.102					/	29.082	*	365 / 4
=	59.94

Wellspire Holdings Bhd (XKLS:0271) Days Sales Outstanding Explanation

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

Wellspire Holdings Bhd Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Wellspire Holdings Bhd's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Wellspire Holdings Bhd (XKLS:0271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wellspire Holdings Bhd (XKLS:0271) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.wellspireholdings.com

Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd (XKLS:0271) Headlines

No Headlines