Wong Engineering Bhd (XKLS:7050) Days Sales Outstanding : 96.76 (As of Jan. 2024)

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What is Wong Engineering Bhd Days Sales Outstanding?

Wong Engineering Bhd's average Accounts Receivable for the three months ended in Jan. 2024 was RM9.22 Mil. Wong Engineering Bhd's Revenue for the three months ended in Jan. 2024 was RM8.70 Mil. Hence, Wong Engineering Bhd's Days Sales Outstanding for the three months ended in Jan. 2024 was 96.76.

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

XKLS:7050' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.57 Med: 82.46 Max: 94.38
Current: 94.38

During the past 13 years, Wong Engineering Bhd's highest Days Sales Outstanding was 94.38. The lowest was 61.57. And the median was 82.46.

XKLS:7050's Days Sales Outstanding is ranked worse than
61.61% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs XKLS:7050: 94.38

Wong Engineering Bhd's Days Sales Outstanding increased from Jan. 2023 (93.63) to Jan. 2024 (96.76).

Wong Engineering Bhd Days Sales Outstanding Historical Data

The historical data trend for Wong Engineering 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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Wong Engineering Bhd Days Sales Outstanding Chart

Wong Engineering Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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69.21

86.86

92.47

92.56

93.76

Wong Engineering 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															93.63	99.58	92.36	83.84	96.76

Competitive Comparison of Wong Engineering Bhd's Days Sales Outstanding

For the Metal Fabrication subindustry, Wong Engineering 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.

Wong Engineering Bhd's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Days Sales Outstanding distribution charts can be found below:

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

Wong Engineering 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.

Wong Engineering 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
=	( (17.31	+	9.763)	/	2 )	/	52.695	*	365
=	13.5365					/	52.695	*	365
=	93.76

Wong Engineering 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
=	( (9.763	+	8.678)	/	2 )	/	8.695	*	365 / 4
=	9.2205					/	8.695	*	365 / 4
=	96.76

Wong Engineering Bhd (XKLS:7050) Days Sales Outstanding Explanation

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

Wong Engineering Bhd Days Sales Outstanding Related Terms

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Wong Engineering Bhd (XKLS:7050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wong Engineering Corp Bhd (XKLS:7050) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park (Phase 1), Kulim, KDH, MYS, 09000

Website

https://www.wec.com.my

Wong Engineering Corp Bhd provides product design, development and manufacturing services to its customers from industries including the Oil and Gas, Aerospace, Telecommunication, Test Instrument, Automotive and Medical Devices sector. The company offers its customer a one-stop value-added mechanical solution that encompasses the entire supply chain till the final assembly. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work,and the provision of property development and related business. 3) Others include Investment holding.

Wong Engineering Bhd (XKLS:7050) Headlines

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