AbleGroup Bhd (XKLS:7086) Days Sales Outstanding : 76.55 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is AbleGroup Bhd Days Sales Outstanding?

AbleGroup Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM0.91 Mil. AbleGroup Bhd's Revenue for the three months ended in Mar. 2024 was RM1.08 Mil. Hence, AbleGroup Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.55.

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

XKLS:7086' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.27 Med: 110.66 Max: 211.93
Current: 81.72

During the past 13 years, AbleGroup Bhd's highest Days Sales Outstanding was 211.93. The lowest was 64.27. And the median was 110.66.

XKLS:7086's Days Sales Outstanding is ranked worse than
56% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs XKLS:7086: 81.72

AbleGroup Bhd's Days Sales Outstanding declined from Mar. 2023 (76.58) to Mar. 2024 (76.55).

AbleGroup Bhd Days Sales Outstanding Historical Data

The historical data trend for AbleGroup 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.

AbleGroup Bhd Days Sales Outstanding Chart

AbleGroup Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

100.50

147.21

140.93

83.50

64.27

AbleGroup Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															76.58	92.03	85.61	69.87	76.55

Competitive Comparison of AbleGroup Bhd's Days Sales Outstanding

For the Building Products & Equipment subindustry, AbleGroup 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.

AbleGroup Bhd's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, AbleGroup Bhd's Days Sales Outstanding distribution charts can be found below:

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

AbleGroup 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.

AbleGroup 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
=	( (1.041	+	0.893)	/	2 )	/	5.492	*	365
=	0.967					/	5.492	*	365
=	64.27

AbleGroup Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.893	+	0.924)	/	2 )	/	1.083	*	365 / 4
=	0.9085					/	1.083	*	365 / 4
=	76.55

AbleGroup Bhd (XKLS:7086) Days Sales Outstanding Explanation

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

AbleGroup Bhd Days Sales Outstanding Related Terms

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

AbleGroup Bhd (XKLS:7086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AbleGroup Bhd (XKLS:7086) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Dutamas 1, Level 2, Solaris Dutamas, Block D4-U2-10, Kuala Lumpur, MYS, 50480

Website

http://www.ablegroup.com.my

AbleGroup Bhd is a Malaysia-based investment holding company. It is engaged in the processing, trading, exporting, and production of marble and granite products. The company operates through three segments: Building material segment, Investment holding, and Property development segment. Its building material segment is involved in the supply, delivery, and installation of stone and tiling works. All of its revenue comes from the Building material segment. Geographically, it operates only in Malaysia.

AbleGroup Bhd (XKLS:7086) Headlines

No Headlines