RCE Capital Bhd (XKLS:9296) Days Sales Outstanding : 56.80 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is RCE Capital Bhd Days Sales Outstanding?

RCE Capital Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM54.4 Mil. RCE Capital Bhd's Revenue for the three months ended in Dec. 2023 was RM87.4 Mil. Hence, RCE Capital Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.80.

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

XKLS:9296' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.81 Med: 15.61 Max: 62.33
Current: 57.37

During the past 13 years, RCE Capital Bhd's highest Days Sales Outstanding was 62.33. The lowest was 3.81. And the median was 15.61.

XKLS:9296's Days Sales Outstanding is ranked worse than
54.1% of 268 companies
in the Credit Services industry
Industry Median: 52.42 vs XKLS:9296: 57.37

RCE Capital Bhd's Days Sales Outstanding declined from Dec. 2022 (61.00) to Dec. 2023 (56.80).

RCE Capital Bhd Days Sales Outstanding Historical Data

The historical data trend for RCE Capital 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.

RCE Capital Bhd Days Sales Outstanding Chart

RCE Capital Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

8.63

6.93

5.10

3.81

31.43

RCE Capital Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															61.00	58.85	57.63	56.21	56.80

Competitive Comparison of RCE Capital Bhd's Days Sales Outstanding

For the Credit Services subindustry, RCE Capital 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.

RCE Capital Bhd's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, RCE Capital Bhd's Days Sales Outstanding distribution charts can be found below:

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

RCE Capital 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.

RCE Capital Bhd's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (2.879	+	52.848)	/	2 )	/	323.632	*	365
=	27.8635					/	323.632	*	365
=	31.43

RCE Capital 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
=	( (54.976	+	53.843)	/	2 )	/	87.409	*	365 / 4
=	54.4095					/	87.409	*	365 / 4
=	56.80

RCE Capital Bhd (XKLS:9296) Days Sales Outstanding Explanation

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

RCE Capital Bhd Days Sales Outstanding Related Terms

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

RCE Capital Bhd (XKLS:9296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » RCE Capital Bhd (XKLS:9296) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Lumut, 20th Floor, Menara Teo Chew, Kuala Lumpur, MYS, 50400

Website

https://www.rce.com.my

RCE Capital Bhd is engaged in the business of investment holding and the provision of management services. Its core business operations include the delivery of shariah-compliant financing services to civil servants with the aim of generating sustainable returns to stakeholders.

RCE Capital Bhd (XKLS:9296) Headlines

No Headlines