CN Asia Bhd (XKLS:7986) Days Sales Outstanding : 41.99 (As of Dec. 2023)

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What is CN Asia Bhd Days Sales Outstanding?

CN Asia Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM2.56 Mil. CN Asia Bhd's Revenue for the three months ended in Dec. 2023 was RM5.56 Mil. Hence, CN Asia Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.99.

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

XKLS:7986' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.26 Med: 69.28 Max: 142.87
Current: 58.74

During the past 13 years, CN Asia Bhd's highest Days Sales Outstanding was 142.87. The lowest was 37.26. And the median was 69.28.

XKLS:7986's Days Sales Outstanding is ranked better than
72.91% of 2957 companies
in the Industrial Products industry
Industry Median: 79.56 vs XKLS:7986: 58.74

CN Asia Bhd's Days Sales Outstanding declined from Jun. 2022 (409.85) to Dec. 2023 (41.99).

CN Asia Bhd Days Sales Outstanding Historical Data

The historical data trend for CN Asia 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.

CN Asia Bhd Days Sales Outstanding Chart

CN Asia Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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37.26

47.18

55.49

50.50

46.96

CN Asia Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															409.85	41.84	43.67	39.29	41.99

Competitive Comparison of CN Asia Bhd's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, CN Asia 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.

CN Asia Bhd's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

CN Asia 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.

CN Asia Bhd's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (2.227	+	1.56)	/	2 )	/	14.718	*	365
=	1.8935					/	14.718	*	365
=	46.96

CN Asia Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.748	+	2.368)	/	2 )	/	5.559	*	365 / 4
=	2.558					/	5.559	*	365 / 4
=	41.99

CN Asia Bhd (XKLS:7986) Days Sales Outstanding Explanation

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

CN Asia Bhd Days Sales Outstanding Related Terms

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CN Asia Bhd (XKLS:7986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CN Asia Corp Bhd (XKLS:7986) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300

Website

https://www.cnasia.com

CN Asia Corp Bhd is an investment holding company. It is engaged in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, and piping for the petroleum industry as well as specialized engineering and fabrication works, and sub-contractor for civil engineering work. The company segments include Manufacturing, Investment, Energy Management, and Financial Services. It generates maximum revenue from the Manufacturing segment.

CN Asia Bhd (XKLS:7986) Headlines

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