Cloudpoint Technology Bhd (XKLS:0277) Days Sales Outstanding : 74.83 (As of Sep. 2023)

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What is Cloudpoint Technology Bhd Days Sales Outstanding?

Cloudpoint Technology Bhd's average Accounts Receivable for the three months ended in Sep. 2023 was RM16.1 Mil. Cloudpoint Technology Bhd's Revenue for the three months ended in Sep. 2023 was RM19.6 Mil. Hence, Cloudpoint Technology Bhd's Days Sales Outstanding for the three months ended in Sep. 2023 was 74.83.

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

XKLS:0277' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.38 Med: 57.4 Max: 106.31
Current: 79.64

During the past 4 years, Cloudpoint Technology Bhd's highest Days Sales Outstanding was 106.31. The lowest was 29.38. And the median was 57.40.

XKLS:0277's Days Sales Outstanding is ranked worse than
65.95% of 2728 companies
in the Software industry
Industry Median: 61.85 vs XKLS:0277: 79.64

Cloudpoint Technology Bhd's Days Sales Outstanding increased from Jun. 2022 (67.58) to Sep. 2023 (74.83).

Cloudpoint Technology Bhd Days Sales Outstanding Historical Data

The historical data trend for Cloudpoint Technology 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.

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Cloudpoint Technology Bhd Days Sales Outstanding Chart

Cloudpoint Technology Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

29.38

37.13

77.66

106.31

Cloudpoint Technology Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			67.58	-	75.19	59.28	74.83

Competitive Comparison of Cloudpoint Technology Bhd's Days Sales Outstanding

For the Information Technology Services subindustry, Cloudpoint Technology 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.

Cloudpoint Technology Bhd's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Cloudpoint Technology Bhd's Days Sales Outstanding distribution charts can be found below:

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

Cloudpoint Technology 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.

Cloudpoint Technology Bhd's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (18.989	+	33.785)	/	2 )	/	90.595	*	365
=	26.387					/	90.595	*	365
=	106.31

Cloudpoint Technology Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (18.297	+	13.811)	/	2 )	/	19.578	*	365 / 4
=	16.054					/	19.578	*	365 / 4
=	74.83

Cloudpoint Technology Bhd (XKLS:0277) Days Sales Outstanding Explanation

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

Cloudpoint Technology Bhd Days Sales Outstanding Related Terms

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Cloudpoint Technology Bhd (XKLS:0277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudpoint Technology Bhd (XKLS:0277) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Solaris, Unit J-6-13, Block J, Solaris Mont Kiara, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.cloudpoint-technology.com

Cloudpoint Technology Bhd is principally an investment holding company. Through Its subsidiary, CSSB, it is principally engaged in the provision of IT solutions comprising enterprise and data centre networking, cybersecurity solutions, professional IT services as well as cloud services and software applications. The company implements solutions and provides Its services mainly to large enterprises, particularly companies in the financial services, insurance, telecommunications industries, and other technology service providers in Malaysia. It also provides our solutions to multinational companies to cater to their operations based in Malaysia.

Cloudpoint Technology Bhd (XKLS:0277) Headlines

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