Ni Hsin Group Bhd (XKLS:7215PA.PFD) Days Sales Outstanding : 45.58 (As of Dec. 2024)

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What is Ni Hsin Group Bhd Days Sales Outstanding?

Ni Hsin Group Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM5.30 Mil. Ni Hsin Group Bhd's Revenue for the three months ended in Dec. 2024 was RM10.60 Mil. Hence, Ni Hsin Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 45.58.

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

XKLS:7215PA.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13 Med: 22.91 Max: 50.59
Current: 50.59

During the past 13 years, Ni Hsin Group Bhd's highest Days Sales Outstanding was 50.59. The lowest was 13.00. And the median was 22.91.

XKLS:7215PA.PFD's Days Sales Outstanding is ranked better than
50.81% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 50.88 vs XKLS:7215PA.PFD: 50.59

Ni Hsin Group Bhd's Days Sales Outstanding increased from Dec. 2023 (32.16) to Dec. 2024 (45.58).

Ni Hsin Group Bhd Days Sales Outstanding Historical Data

The historical data trend for Ni Hsin Group 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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Ni Hsin Group Bhd Days Sales Outstanding Chart

Ni Hsin Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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21.74

21.30

13.48

13.00

34.38

Ni Hsin Group Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															32.16	44.52	61.22	67.99	45.58

Competitive Comparison of Ni Hsin Group Bhd's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Ni Hsin Group 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.

Ni Hsin Group Bhd's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ni Hsin Group Bhd's Days Sales Outstanding distribution charts can be found below:

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

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Ni Hsin Group 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.

Ni Hsin Group Bhd's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1.109	+	5.467)	/	2 )	/	34.911	*	365
=	3.288					/	34.911	*	365
=	34.38

Ni Hsin Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (5.124	+	5.467)	/	2 )	/	10.601	*	365 / 4
=	5.2955					/	10.601	*	365 / 4
=	45.58

Ni Hsin Group Bhd (XKLS:7215PA.PFD) Days Sales Outstanding Explanation

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

Ni Hsin Group Bhd Days Sales Outstanding Related Terms

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Ni Hsin Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ni Hsin Group Bhd (XKLS:7215PA.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7215:Malaysia

Address

45, Jalan Taming Dua, Taman Taming Jaya, Seri Kembangan, SGR, MYS, 43300

Website

https://www.ni-hsin.com

Ni Hsin Group Bhd is a manufacturer of premium stainless-steel multi-ply cookware in Malaysia. The business of the company is organized into the following product segments, Cookware, Stainless-steel products, Food and beverages, Logistics services, and Electric vehicles. The products manufactured and sold under the cookware segment include premium multi-ply stainless steel cookware and pressure cookers which are sold locally and exported overseas.

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