Alpha Ocean Resources Bhd (XKLS:03051) Days Sales Outstanding : 211.41 (As of Dec. 2023)

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What is Alpha Ocean Resources Bhd Days Sales Outstanding?

Alpha Ocean Resources Bhd's average Accounts Receivable for the six months ended in Dec. 2023 was RM0.98 Mil. Alpha Ocean Resources Bhd's Revenue for the six months ended in Dec. 2023 was RM0.85 Mil. Hence, Alpha Ocean Resources Bhd's Days Sales Outstanding for the six months ended in Dec. 2023 was 211.41.

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

XKLS:03051' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.26 Med: 68.77 Max: 114.28
Current: 108.5

During the past 5 years, Alpha Ocean Resources Bhd's highest Days Sales Outstanding was 114.28. The lowest was 23.26. And the median was 68.77.

XKLS:03051's Days Sales Outstanding is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 39.18 vs XKLS:03051: 108.50

Alpha Ocean Resources Bhd's Days Sales Outstanding increased from Dec. 2022 (122.94) to Dec. 2023 (211.41).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Alpha Ocean Resources Bhd Days Sales Outstanding Historical Data

The historical data trend for Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd Days Sales Outstanding Chart

Alpha Ocean Resources Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

23.26

114.28

Alpha Ocean Resources Bhd Semi-Annual Data
	Jun19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			427.91	83.38	122.94	98.83	211.41

Competitive Comparison of Alpha Ocean Resources Bhd's Days Sales Outstanding

For the Farm Products subindustry, Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alpha Ocean Resources Bhd's Days Sales Outstanding distribution charts can be found below:

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

Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.387	+	1.65)	/	2 )	/	3.253	*	365
=	1.0185					/	3.253	*	365
=	114.28

Alpha Ocean Resources Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.65	+	0.31)	/	2 )	/	0.846	*	365 / 2
=	0.98					/	0.846	*	365 / 2
=	211.41

Alpha Ocean Resources Bhd (XKLS:03051) Days Sales Outstanding Explanation

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

Alpha Ocean Resources Bhd Days Sales Outstanding Related Terms

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Alpha Ocean Resources Bhd (XKLS:03051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alpha Ocean Resources Bhd (XKLS:03051) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Jalan Bangsar, Unit SO-33A-1 & SO-33A-8, Menara 1, Strata Offices, KL Eco City, Kuala Lumpur, MYS, 59200

Website

https://www.aorb.com.my

Alpha Ocean Resources Bhd is a tuna fishing and trading company based in Malaysia, which focuses on delivering premium tuna fishes. The company is committed to providing customers with quality catches that are affordable and take measures to ensure fishing operations are sustainable.

Alpha Ocean Resources Bhd (XKLS:03051) Headlines

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