ICT Zone Asia Bhd (XKLS:03038) Days Sales Outstanding : 81.97 (As of Jan. 2024)

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What is ICT Zone Asia Bhd Days Sales Outstanding?

ICT Zone Asia Bhd's average Accounts Receivable for the six months ended in Jan. 2024 was RM25.2 Mil. ICT Zone Asia Bhd's Revenue for the six months ended in Jan. 2024 was RM56.2 Mil. Hence, ICT Zone Asia Bhd's Days Sales Outstanding for the six months ended in Jan. 2024 was 81.97.

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

XKLS:03038' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.27 Med: 71.38 Max: 85.9
Current: 71.82

During the past 6 years, ICT Zone Asia Bhd's highest Days Sales Outstanding was 85.90. The lowest was 54.27. And the median was 71.38.

XKLS:03038's Days Sales Outstanding is ranked worse than
59.69% of 2724 companies
in the Software industry
Industry Median: 61.74 vs XKLS:03038: 71.82

ICT Zone Asia Bhd's Days Sales Outstanding increased from Jan. 2023 (61.21) to Jan. 2024 (81.97).

ICT Zone Asia Bhd Days Sales Outstanding Historical Data

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Days Sales Outstanding Chart

ICT Zone Asia Bhd Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

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85.90

78.21

54.27

64.55

63.58

ICT Zone Asia Bhd Semi-Annual Data
	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial						39.84	56.24	61.21	70.12	81.97

Competitive Comparison of ICT Zone Asia Bhd's Days Sales Outstanding

For the Information Technology Services subindustry, ICT Zone Asia 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.

ICT Zone Asia Bhd's Days Sales Outstanding Distribution in the Software Industry

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

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

ICT Zone Asia 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.

ICT Zone Asia Bhd's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (17.066	+	22.799)	/	2 )	/	114.428	*	365
=	19.9325					/	114.428	*	365
=	63.58

ICT Zone Asia Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (27.682	+	22.799)	/	2 )	/	56.193	*	365 / 2
=	25.2405					/	56.193	*	365 / 2
=	81.97

ICT Zone Asia Bhd (XKLS:03038) Days Sales Outstanding Explanation

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

ICT Zone Asia Bhd Days Sales Outstanding Related Terms

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ICT Zone Asia Bhd (XKLS:03038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICT Zone Asia Bhd (XKLS:03038) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

03038P.PFD:Malaysia

Address

Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.ictzone.asia

ICT Zone Asia Bhd is an investment holding company. It operates in the following segments: Leasing, which involves the operating lease of ICT hardware and software without services as well as disposal of assets returned at the end of the operating lease; Trading includes outright sales of ICT hardware and software; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; Rental segment includes rental of ICT hardware and software inclusive of corrective and preventative maintenance; and Cloud solution and service.

ICT Zone Asia Bhd (XKLS:03038) Headlines

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