Advance Packaging Technology (M) Bhd (XKLS:9148) Days Sales Outstanding : 69.75 (As of Mar. 2024)

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What is Advance Packaging Technology (M) Bhd Days Sales Outstanding?

Advance Packaging Technology (M) Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM6.47 Mil. Advance Packaging Technology (M) Bhd's Revenue for the three months ended in Mar. 2024 was RM8.46 Mil. Hence, Advance Packaging Technology (M) Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.75.

The historical rank and industry rank for Advance Packaging Technology (M) Bhd's Days Sales Outstanding or its related term are showing as below:

XKLS:9148' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.08 Med: 75.38 Max: 100.84
Current: 100.84

During the past 13 years, Advance Packaging Technology (M) Bhd's highest Days Sales Outstanding was 100.84. The lowest was 57.08. And the median was 75.38.

XKLS:9148's Days Sales Outstanding is ranked worse than
81.43% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.53 vs XKLS:9148: 100.84

Advance Packaging Technology (M) Bhd's Days Sales Outstanding declined from Dec. 2022 (109.53) to Mar. 2024 (69.75).

Advance Packaging Technology (M) Bhd Days Sales Outstanding Historical Data

The historical data trend for Advance Packaging Technology (M) 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.

Advance Packaging Technology (M) Bhd Days Sales Outstanding Chart

Advance Packaging Technology (M) Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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72.27

82.79

82.08

77.12

73.63

Advance Packaging Technology (M) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															109.53	94.03	89.25	69.02	69.75

Competitive Comparison of Advance Packaging Technology (M) Bhd's Days Sales Outstanding

For the Packaging & Containers subindustry, Advance Packaging Technology (M) 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.

Advance Packaging Technology (M) Bhd's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Advance Packaging Technology (M) Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advance Packaging Technology (M) Bhd's Days Sales Outstanding falls into.

Advance Packaging Technology (M) 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.

Advance Packaging Technology (M) Bhd's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (5.211	+	6.497)	/	2 )	/	29.019	*	365
=	5.854					/	29.019	*	365
=	73.63

Advance Packaging Technology (M) 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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (6.189	+	6.742)	/	2 )	/	8.458	*	365 / 4
=	6.4655					/	8.458	*	365 / 4
=	69.75

Advance Packaging Technology (M) Bhd (XKLS:9148) Days Sales Outstanding Explanation

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

Advance Packaging Technology (M) Bhd Days Sales Outstanding Related Terms

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

Advance Packaging Technology (M) Bhd (XKLS:9148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Advance Packaging Technology (M) Bhd (XKLS:9148) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2, Jalan P/2A, Kawasan MIEL, Bangi Industrial Estate, Bandar Baru Bangi, SGR, MYS, 43650

Website

https://www.advancedpack.com.my

Advance Packaging Technology (M) Bhd is principally engaged in the manufacturing and distribution of flexible packaging materials in Malaysia. The company produces flexible packaging materials catering to a wide cross-section of industries in both the local and overseas markets such as snack foods, Instant noodles, sweets and confectionery, liquid condiments, frozen foods, spices, beverages, medical/surgical products, pharmaceuticals, and others. Geographically, it generates the majority revenue from Malaysia and also has an operation in Mauritius, Hong Kong, and Brunei.

Advance Packaging Technology (M) Bhd (XKLS:9148) Headlines

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