Glostrext Bhd (XKLS:0284) Days Sales Outstanding : 106.62 (As of Mar. 2023)

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What is Glostrext Bhd Days Sales Outstanding?

Glostrext Bhd's average Accounts Receivable for the six months ended in Mar. 2023 was RM6.31 Mil. Glostrext Bhd's Revenue for the six months ended in Mar. 2023 was RM21.62 Mil. Hence, Glostrext Bhd's Days Sales Outstanding for the six months ended in Mar. 2023 was 53.31.

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

XKLS:0284' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.84 Med: 109.77 Max: 148.59
Current: 106.62

During the past 4 years, Glostrext Bhd's highest Days Sales Outstanding was 148.59. The lowest was 79.84. And the median was 109.77.

XKLS:0284's Days Sales Outstanding is ranked worse than
68.29% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs XKLS:0284: 106.62

Glostrext Bhd's Days Sales Outstanding declined from Mar. 2021 (148.59) to Mar. 2023 (106.62).

Glostrext Bhd Days Sales Outstanding Historical Data

The historical data trend for Glostrext 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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Glostrext Bhd Days Sales Outstanding Chart

Glostrext Bhd Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

112.91

148.59

79.84

106.62

Glostrext Bhd Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Sales Outstanding	112.91	148.59	79.84	106.62

Competitive Comparison of Glostrext Bhd's Days Sales Outstanding

For the Engineering & Construction subindustry, Glostrext 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.

Glostrext Bhd's Days Sales Outstanding Distribution in the Construction Industry

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

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

Glostrext 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.

Glostrext Bhd's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (5.225	+	7.403)	/	2 )	/	21.616	*	365
=	6.314					/	21.616	*	365
=	106.62

Glostrext Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (5.225	+	7.403)	/	2 )	/	21.616	*	365 / 2
=	6.314					/	21.616	*	365 / 2
=	53.31

Glostrext Bhd (XKLS:0284) Days Sales Outstanding Explanation

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

Glostrext Bhd Days Sales Outstanding Related Terms

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Glostrext Bhd (XKLS:0284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glostrext Bhd (XKLS:0284) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11A, Jalan Apollo U5/194, Bandar Pinggiran Subang, Seksyen U5, Shah Alam, SGR, MYS, 40150

Website

https://www.glostrext.com

Glostrext Bhd is a geotechnical instrumentation service provider, where it provides piling, structural and geotechnical-related services, covering instrumentation, testing and monitoring services to construction projects as well as completed buildings and infrastructure. Its service offerings can be categorized into 2 segments; Provision of pile instrumentation and static load test services to construction projects and Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures. The majority of revenue is derived from pile instrumentation and static load test services.

Glostrext Bhd (XKLS:0284) Headlines

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