Petronas Gas Bhd (XKLS:6033) Days Sales Outstanding : 44.59 (As of Dec. 2023)

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What is Petronas Gas Bhd Days Sales Outstanding?

Petronas Gas Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM774 Mil. Petronas Gas Bhd's Revenue for the three months ended in Dec. 2023 was RM1,583 Mil. Hence, Petronas Gas Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.59.

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

XKLS:6033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.13 Med: 24.38 Max: 48.64
Current: 45.74

During the past 13 years, Petronas Gas Bhd's highest Days Sales Outstanding was 48.64. The lowest was 1.13. And the median was 24.38.

XKLS:6033's Days Sales Outstanding is ranked better than
59.52% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.49 vs XKLS:6033: 45.74

Petronas Gas Bhd's Days Sales Outstanding declined from Dec. 2022 (44.81) to Dec. 2023 (44.59).

Petronas Gas Bhd Days Sales Outstanding Historical Data

The historical data trend for Petronas Gas 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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Petronas Gas Bhd Days Sales Outstanding Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.08

22.78

1.39

25.98

46.28

Petronas Gas 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															44.81	46.53	45.87	45.36	44.59

Competitive Comparison of Petronas Gas Bhd's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Petronas Gas 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.

Petronas Gas Bhd's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Days Sales Outstanding distribution charts can be found below:

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

Petronas Gas 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.

Petronas Gas 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
=	( (845.156	+	789.277)	/	2 )	/	6445.423	*	365
=	817.2165					/	6445.423	*	365
=	46.28

Petronas Gas 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
=	( (757.739	+	789.277)	/	2 )	/	1582.836	*	365 / 4
=	773.508					/	1582.836	*	365 / 4
=	44.59

Petronas Gas Bhd (XKLS:6033) Days Sales Outstanding Explanation

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

Petronas Gas Bhd Days Sales Outstanding Related Terms

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Petronas Gas Bhd (XKLS:6033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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