Nextgreen Global Berhad (XKLS:7241) Days Sales Outstanding : 402.30 (As of Mar. 2024)

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What is Nextgreen Global Berhad Days Sales Outstanding?

Nextgreen Global Berhad's average Accounts Receivable for the three months ended in Mar. 2024 was RM58.72 Mil. Nextgreen Global Berhad's Revenue for the three months ended in Mar. 2024 was RM13.32 Mil. Hence, Nextgreen Global Berhad's Days Sales Outstanding for the three months ended in Mar. 2024 was 402.30.

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

XKLS:7241' s Days Sales Outstanding Range Over the Past 10 Years
Min: 95.13 Med: 195.36 Max: 390.94
Current: 360.99

During the past 13 years, Nextgreen Global Berhad's highest Days Sales Outstanding was 390.94. The lowest was 95.13. And the median was 195.36.

XKLS:7241's Days Sales Outstanding is ranked worse than
96.35% of 1040 companies
in the Business Services industry
Industry Median: 58.475 vs XKLS:7241: 360.99

Nextgreen Global Berhad's Days Sales Outstanding increased from Mar. 2023 (232.36) to Mar. 2024 (402.30).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Nextgreen Global Berhad Days Sales Outstanding Historical Data

The historical data trend for Nextgreen Global Berhad'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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Nextgreen Global Berhad Days Sales Outstanding Chart

Nextgreen Global Berhad Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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205.21

159.19

125.56

257.64

390.94

Nextgreen Global Berhad Quarterly Data
	Sep18	Dec18	Mar19	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															232.36	189.24	208.32	1,257.17	402.30

Competitive Comparison of Nextgreen Global Berhad's Days Sales Outstanding

For the Specialty Business Services subindustry, Nextgreen Global Berhad'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.

Nextgreen Global Berhad's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nextgreen Global Berhad's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nextgreen Global Berhad's Days Sales Outstanding falls into.

Nextgreen Global Berhad 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.

Nextgreen Global Berhad'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
=	( (24.054	+	53.809)	/	2 )	/	36.348	*	365
=	38.9315					/	36.348	*	365
=	390.94

Nextgreen Global Berhad'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
=	( (53.809	+	63.622)	/	2 )	/	13.318	*	365 / 4
=	58.7155					/	13.318	*	365 / 4
=	402.30

Nextgreen Global Berhad (XKLS:7241) Days Sales Outstanding Explanation

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

Nextgreen Global Berhad Days Sales Outstanding Related Terms

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Nextgreen Global Berhad (XKLS:7241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nextgreen Global Berhad (XKLS:7241) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 1, Jalan Wan Kadir, Level 6-02, Menara LGB, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.nextgreenglobal.com

Nextgreen Global Berhad is an investment holding company. It is engaged in the printing of magazines, general publications, directories, company annual reports, as well as brochures and pamphlets. The company is organized into five reportable segments comprising Printing and Publishing, Manufacturing, Property and construction, Investment Holding and Utility and Renewable energy. The revenue is generated mainly from Property and construction segment. Its primary geographic markets are Malaysia, Nigeria, Kenya, and the Republic of Palau.

Nextgreen Global Berhad (XKLS:7241) Headlines

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