MCE Holdings Bhd (XKLS:7004) Days Sales Outstanding : 54.39 (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is MCE Holdings Bhd Days Sales Outstanding?

MCE Holdings Bhd's average Accounts Receivable for the three months ended in Jan. 2024 was RM23.9 Mil. MCE Holdings Bhd's Revenue for the three months ended in Jan. 2024 was RM40.0 Mil. Hence, MCE Holdings Bhd's Days Sales Outstanding for the three months ended in Jan. 2024 was 54.39.

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

XKLS:7004' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.79 Med: 60.8 Max: 77.02
Current: 57.07

During the past 13 years, MCE Holdings Bhd's highest Days Sales Outstanding was 77.02. The lowest was 34.79. And the median was 60.80.

XKLS:7004's Days Sales Outstanding is ranked better than
54.08% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs XKLS:7004: 57.07

MCE Holdings Bhd's Days Sales Outstanding declined from Jan. 2023 (60.02) to Jan. 2024 (54.39).

MCE Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for MCE 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.

MCE Holdings Bhd Days Sales Outstanding Chart

MCE Holdings Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

Get a 7-Day Free Trial

66.46

61.80

34.79

50.92

59.80

MCE 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															60.02	58.58	59.73	57.86	54.39

Competitive Comparison of MCE Holdings Bhd's Days Sales Outstanding

For the Auto Parts subindustry, MCE 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.

MCE Holdings Bhd's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

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

MCE 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.

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

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (25.039	+	25.715)	/	2 )	/	154.889	*	365
=	25.377					/	154.889	*	365
=	59.80

MCE 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
=	( (26.641	+	21.097)	/	2 )	/	40.045	*	365 / 4
=	23.869					/	40.045	*	365 / 4
=	54.39

MCE Holdings Bhd (XKLS:7004) Days Sales Outstanding Explanation

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

MCE Holdings Bhd Days Sales Outstanding Related Terms

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

MCE Holdings Bhd (XKLS:7004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MCE Holdings Bhd (XKLS:7004) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 and 4, Jalan Waja 7, Kawasan Perindustrian Pandan, Johor Bahru, JHR, MYS, 81100

Website

https://www.multicode.com.my

MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contributes a major part of revenue, and the Healthcare services segment comprises various health care services. The company's product portfolio includes products like anti-theft and keyless entry systems, passive start and entry systems, immobilizer systems, parking sensors systems, microwave motion, ignition key set systems, as well as anti-hijack and related auto parts. Most of its revenue comes from the Malaysian market.

MCE Holdings Bhd (XKLS:7004) Headlines

No Headlines