Heitech Padu Bhd (XKLS:5028) Days Sales Outstanding : 47.80 (As of Dec. 2023)

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What is Heitech Padu Bhd Days Sales Outstanding?

Heitech Padu Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM45.5 Mil. Heitech Padu Bhd's Revenue for the three months ended in Dec. 2023 was RM86.9 Mil. Hence, Heitech Padu Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.80.

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

XKLS:5028' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.11 Med: 77.27 Max: 136.2
Current: 57.12

During the past 13 years, Heitech Padu Bhd's highest Days Sales Outstanding was 136.20. The lowest was 41.11. And the median was 77.27.

XKLS:5028's Days Sales Outstanding is ranked better than
55.82% of 2734 companies
in the Software industry
Industry Median: 61.68 vs XKLS:5028: 57.12

Heitech Padu Bhd's Days Sales Outstanding increased from Dec. 2022 (35.80) to Dec. 2023 (47.80).

Heitech Padu Bhd Days Sales Outstanding Historical Data

The historical data trend for Heitech Padu 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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Heitech Padu Bhd Days Sales Outstanding Chart

Heitech Padu Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.01

80.45

74.08

41.15

41.11

Heitech Padu 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															35.80	44.48	80.99	80.63	47.80

Competitive Comparison of Heitech Padu Bhd's Days Sales Outstanding

For the Information Technology Services subindustry, Heitech Padu 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.

Heitech Padu Bhd's Days Sales Outstanding Distribution in the Software Industry

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

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

Heitech Padu 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.

Heitech Padu 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
=	( (27.023	+	35.567)	/	2 )	/	277.862	*	365
=	31.295					/	277.862	*	365
=	41.11

Heitech Padu 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
=	( (55.501	+	35.567)	/	2 )	/	86.924	*	365 / 4
=	45.534					/	86.924	*	365 / 4
=	47.80

Heitech Padu Bhd (XKLS:5028) Days Sales Outstanding Explanation

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

Heitech Padu Bhd Days Sales Outstanding Related Terms

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Heitech Padu Bhd (XKLS:5028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Heitech Padu Bhd (XKLS:5028) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Persiaran Kewajipan, USJ 1, Level 15, HeiTech Village, UEP Subang Jaya, Subang Jaya, Selangor Darul Ehsan, MYS, 47600

Website

https://www.heitech.com.my

Heitech Padu Bhd offers systems integration, network related services, data centre management, disaster recovery services, and other information technology related services. The group is reorganized based on business maturity and is segregated as Core 1, which offers system integration and application development focusing on business acquisition for largely the Public Sector market. Core 2, which represents various offerings in different sectors by the group's subsidiaries; and Core 3, which carries the offerings for business acquisition mainly for the transport, financial services, and other segments. Geographically, it operates in Malaysia, Australia, and Indonesia. It has three operating segments: Information technology; Mailing and document processing services and Engineering works.

Heitech Padu Bhd (XKLS:5028) Headlines

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