MHC Plantations Bhd (XKLS:5026) Days Sales Outstanding : 17.33 (As of Mar. 2024)

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What is MHC Plantations Bhd Days Sales Outstanding?

MHC Plantations Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM19.7 Mil. MHC Plantations Bhd's Revenue for the three months ended in Mar. 2024 was RM104.0 Mil. Hence, MHC Plantations Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.33.

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

XKLS:5026' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10 Med: 18.5 Max: 27.84
Current: 11.48

During the past 13 years, MHC Plantations Bhd's highest Days Sales Outstanding was 27.84. The lowest was 10.00. And the median was 18.50.

XKLS:5026's Days Sales Outstanding is ranked better than
89.02% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 39.07 vs XKLS:5026: 11.48

MHC Plantations Bhd's Days Sales Outstanding increased from Mar. 2023 (15.45) to Mar. 2024 (17.33).

MHC Plantations Bhd Days Sales Outstanding Historical Data

The historical data trend for MHC Plantations 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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MHC Plantations Bhd Days Sales Outstanding Chart

MHC Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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21.73

18.03

10.00

12.74

18.90

MHC Plantations Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															15.45	8.33	8.07	14.23	17.33

Competitive Comparison of MHC Plantations Bhd's Days Sales Outstanding

For the Farm Products subindustry, MHC Plantations 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.

MHC Plantations Bhd's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

MHC Plantations 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.

MHC Plantations Bhd's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (23.523	+	25.926)	/	2 )	/	477.436	*	365
=	24.7245					/	477.436	*	365
=	18.90

MHC Plantations Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (25.926	+	13.561)	/	2 )	/	103.986	*	365 / 4
=	19.7435					/	103.986	*	365 / 4
=	17.33

MHC Plantations Bhd (XKLS:5026) Days Sales Outstanding Explanation

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

MHC Plantations Bhd Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of MHC Plantations Bhd's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

MHC Plantations Bhd (XKLS:5026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MHC Plantations Bhd (XKLS:5026) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900

Website

https://www.mhc.com.my

MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. It operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products. The Other Segment refers to the extraction and sale of earth stones, operation of a hotel and Others. The Oil Mill Segment generates maximum revenue for the company.

MHC Plantations Bhd (XKLS:5026) Headlines

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