Melewar Industrial Group Bhd (XKLS:3778) Days Sales Outstanding : 38.08 (As of Dec. 2023)

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What is Melewar Industrial Group Bhd Days Sales Outstanding?

Melewar Industrial Group Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM74.2 Mil. Melewar Industrial Group Bhd's Revenue for the three months ended in Dec. 2023 was RM177.8 Mil. Hence, Melewar Industrial Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.08.

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

XKLS:3778' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.7 Med: 48.17 Max: 64.89
Current: 38.9

During the past 13 years, Melewar Industrial Group Bhd's highest Days Sales Outstanding was 64.89. The lowest was 26.70. And the median was 48.17.

XKLS:3778's Days Sales Outstanding is ranked better than
61.71% of 598 companies
in the Steel industry
Industry Median: 49.915 vs XKLS:3778: 38.90

Melewar Industrial Group Bhd's Days Sales Outstanding declined from Dec. 2022 (38.11) to Dec. 2023 (38.08).

Melewar Industrial Group Bhd Days Sales Outstanding Historical Data

The historical data trend for Melewar Industrial Group 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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Melewar Industrial Group Bhd Days Sales Outstanding Chart

Melewar Industrial Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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53.56

47.85

27.20

26.70

46.07

Melewar Industrial Group 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															38.11	42.93	37.38	38.13	38.08

Competitive Comparison of Melewar Industrial Group Bhd's Days Sales Outstanding

For the Steel subindustry, Melewar Industrial Group 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.

Melewar Industrial Group Bhd's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Days Sales Outstanding distribution charts can be found below:

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

Melewar Industrial Group 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.

Melewar Industrial Group 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
=	( (71.096	+	67.656)	/	2 )	/	549.663	*	365
=	69.376					/	549.663	*	365
=	46.07

Melewar Industrial Group 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
=	( (69.522	+	78.879)	/	2 )	/	177.785	*	365 / 4
=	74.2005					/	177.785	*	365 / 4
=	38.08

Melewar Industrial Group Bhd (XKLS:3778) Days Sales Outstanding Explanation

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

Melewar Industrial Group Bhd Days Sales Outstanding Related Terms

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Melewar Industrial Group Bhd (XKLS:3778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Melewar Industrial Group Bhd (XKLS:3778) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200

Website

http://www.melewar-mig.com

Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

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