Tanco Holdings Bhd (XKLS:2429) Days Sales Outstanding : 234.65 (As of Dec. 2023)

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What is Tanco Holdings Bhd Days Sales Outstanding?

Tanco Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM87.0 Mil. Tanco Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM33.8 Mil. Hence, Tanco Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 234.65.

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

XKLS:2429' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.9 Med: 139.42 Max: 1005.15
Current: 252.42

During the past 13 years, Tanco Holdings Bhd's highest Days Sales Outstanding was 1005.15. The lowest was 35.90. And the median was 139.42.

XKLS:2429's Days Sales Outstanding is ranked worse than
90.78% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs XKLS:2429: 252.42

Tanco Holdings Bhd's Days Sales Outstanding increased from Dec. 2022 (76.61) to Dec. 2023 (234.65).

Warning Sign:

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

Tanco Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for Tanco 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.

Tanco Holdings Bhd Days Sales Outstanding Chart

Tanco Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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145.27

155.02

133.03

110.34

160.11

Tanco Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															76.61	230.18	311.89	260.34	234.65

Competitive Comparison of Tanco Holdings Bhd's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Tanco 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.

Tanco Holdings Bhd's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tanco Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

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

Tanco 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.

Tanco Holdings 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
=	( (7.241	+	75.096)	/	2 )	/	93.85	*	365
=	41.1685					/	93.85	*	365
=	160.11

Tanco Holdings 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (74.987	+	98.954)	/	2 )	/	33.821	*	365 / 4
=	86.9705					/	33.821	*	365 / 4
=	234.65

Tanco Holdings Bhd (XKLS:2429) Days Sales Outstanding Explanation

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

Tanco Holdings Bhd Days Sales Outstanding Related Terms

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Tanco Holdings Bhd (XKLS:2429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tanco Holdings Bhd (XKLS:2429) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1, Jalan Bandar 1, Pusat Bandar Puchong, Puchong, SGR, MYS, 47160

Website

https://www.tancoholdings.com

Tanco Holdings Bhd is a Malaysia-based investment holding company. It is also engaged in the provision of management services. The company's segments include Property development/Management; Resorts & Club Operation/Management; Construction; and Investment holding and Business consulting services. The projects for Property development include Splash Park, Kuantan Hotel suites, Spa village, and International Hotel. The company generates maximum revenue from the Construction segment.

Tanco Holdings Bhd (XKLS:2429) Headlines

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