Advance International Co for Communication and Information Technology (SAU:9524) Days Sales Outstanding : 130.59 (As of Dec. 2023)

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What is Advance International Co for Communication and Information Technology Days Sales Outstanding?

Advance International Co for Communication and Information Technology's average Accounts Receivable for the six months ended in Dec. 2023 was ﷼17.21 Mil. Advance International Co for Communication and Information Technology's Revenue for the six months ended in Dec. 2023 was ﷼24.05 Mil. Hence, Advance International Co for Communication and Information Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 130.59.

The historical rank and industry rank for Advance International Co for Communication and Information Technology's Days Sales Outstanding or its related term are showing as below:

SAU:9524' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.05 Med: 94.21 Max: 121.8
Current: 121.8

During the past 3 years, Advance International Co for Communication and Information Technology's highest Days Sales Outstanding was 121.80. The lowest was 1.05. And the median was 94.21.

SAU:9524's Days Sales Outstanding is ranked worse than
86.97% of 1036 companies
in the Business Services industry
Industry Median: 58.395 vs SAU:9524: 121.80

Advance International Co for Communication and Information Technology's Days Sales Outstanding declined from Dec. 2022 (7,118.61) to Dec. 2023 (130.59).

Warning Sign:

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

Advance International Co for Communication and Information Technology Days Sales Outstanding Historical Data

The historical data trend for Advance International Co for Communication and Information Technology'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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Advance International Co for Communication and Information Technology Days Sales Outstanding Chart

Advance International Co for Communication and Information Technology Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

1.05

94.21

115.31

Advance International Co for Communication and Information Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			0.53	6,988.80	7,118.61	119.29	130.59

Competitive Comparison of Advance International Co for Communication and Information Technology's Days Sales Outstanding

For the Security & Protection Services subindustry, Advance International Co for Communication and Information Technology'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 International Co for Communication and Information Technology's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Advance International Co for Communication and Information Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advance International Co for Communication and Information Technology's Days Sales Outstanding falls into.

Advance International Co for Communication and Information Technology 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 International Co for Communication and Information Technology'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
=	( (12.916	+	16.957)	/	2 )	/	47.278	*	365
=	14.9365					/	47.278	*	365
=	115.31

Advance International Co for Communication and Information Technology'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (17.455	+	16.957)	/	2 )	/	24.045	*	365 / 2
=	17.206					/	24.045	*	365 / 2
=	130.59

Advance International Co for Communication and Information Technology (SAU:9524) 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 International Co for Communication and Information Technology Days Sales Outstanding Related Terms

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Advance International Co for Communication and Information Technology (SAU:9524) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advance International Co for Communication and Information Technology (SAU:9524) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road, Olaya District 7792, PO Box 54823, In Fornt Of Al Faislia, Riyadh, SAU, 12313

Website

https://www.aictec.com

Advance International Co for Communication and Information Technology is engaged in the import, sale, installation, operation, and maintenance of security surveillance cameras, bag and parcel inspection devices, security fences, biometric magnetic card entry, and exit gates, communications technology, networks, and computer software.

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