Mynews Holdings Bhd (XKLS:5275) Days Sales Outstanding : 1.28 (As of Jan. 2024)

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What is Mynews Holdings Bhd Days Sales Outstanding?

Mynews Holdings Bhd's average Accounts Receivable for the three months ended in Jan. 2024 was RM2.7 Mil. Mynews Holdings Bhd's Revenue for the three months ended in Jan. 2024 was RM195.5 Mil. Hence, Mynews Holdings Bhd's Days Sales Outstanding for the three months ended in Jan. 2024 was 1.28.

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

XKLS:5275' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.79 Med: 7.13 Max: 8.95
Current: 0.79

During the past 9 years, Mynews Holdings Bhd's highest Days Sales Outstanding was 8.95. The lowest was 0.79. And the median was 7.13.

XKLS:5275's Days Sales Outstanding is ranked better than
97.41% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs XKLS:5275: 0.79

Mynews Holdings Bhd's Days Sales Outstanding declined from Jan. 2023 (1.36) to Jan. 2024 (1.28).

Mynews Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for Mynews 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.

Mynews Holdings Bhd Days Sales Outstanding Chart

Mynews Holdings Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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8.41

7.13

3.40

1.54

2.13

Mynews Holdings Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															1.36	0.50	0.22	1.27	1.28

Competitive Comparison of Mynews Holdings Bhd's Days Sales Outstanding

For the Specialty Retail subindustry, Mynews 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.

Mynews Holdings Bhd's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mynews Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

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

Mynews 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.

Mynews Holdings Bhd's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (3.934	+	4.583)	/	2 )	/	730.24	*	365
=	4.2585					/	730.24	*	365
=	2.13

Mynews Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (4.583	+	0.887)	/	2 )	/	195.518	*	365 / 4
=	2.735					/	195.518	*	365 / 4
=	1.28

Mynews Holdings Bhd (XKLS:5275) Days Sales Outstanding Explanation

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

Mynews Holdings Bhd Days Sales Outstanding Related Terms

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Mynews Holdings Bhd (XKLS:5275) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mynews Holdings Bhd (XKLS:5275) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1, Seksyen 3, PJU 5, Kota Damansara, Petaling Jaya, MYS, 47810

Website

https://www.mynews.com.my

Mynews Holdings Bhd through its subsidiaries is engaged in the manufacture and convenience retailing, comprising the operations of a press and convenience retail chain in Malaysia under the trade name of myNEWS.com, newsplus, MAGBIT, and THE FRONT PAGE. The company operates principally in Malaysia.

Mynews Holdings Bhd (XKLS:5275) Headlines

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