ARB IOT Group (ARB IOT Group) Days Sales Outstanding : 203.63 (As of Dec. 2023)

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What is ARB IOT Group Days Sales Outstanding?

ARB IOT Group's average Accounts Receivable for the six months ended in Dec. 2023 was $7.58 Mil. ARB IOT Group's Revenue for the six months ended in Dec. 2023 was $6.79 Mil. Hence, ARB IOT Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 203.63.

The historical rank and industry rank for ARB IOT Group's Days Sales Outstanding or its related term are showing as below:

ARBB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.04 Med: 131.09 Max: 171.56
Current: 139.97

During the past 3 years, ARB IOT Group's highest Days Sales Outstanding was 171.56. The lowest was 52.04. And the median was 131.09.

ARBB's Days Sales Outstanding is ranked worse than
84.83% of 2735 companies
in the Software industry
Industry Median: 61.83 vs ARBB: 139.97

ARB IOT Group's Days Sales Outstanding increased from Dec. 2022 (146.99) to Dec. 2023 (203.63).

Warning Sign:

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

ARB IOT Group Days Sales Outstanding Historical Data

The historical data trend for ARB IOT Group'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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ARB IOT Group Days Sales Outstanding Chart

ARB IOT Group Annual Data

Trend

Jun21

Jun22

Jun23

Days Sales Outstanding

171.56

52.04

131.09

ARB IOT Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			25.61	68.05	146.99	130.74	203.63

Competitive Comparison of ARB IOT Group's Days Sales Outstanding

For the Information Technology Services subindustry, ARB IOT Group'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.

ARB IOT Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, ARB IOT Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ARB IOT Group's Days Sales Outstanding falls into.

ARB IOT Group 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.

ARB IOT Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (22.993	+	14.57)	/	2 )	/	52.295	*	365
=	18.7815					/	52.295	*	365
=	131.09

ARB IOT Group'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
=	( (14.57	+	0.58)	/	2 )	/	6.789	*	365 / 2
=	7.575					/	6.789	*	365 / 2
=	203.63

ARB IOT Group (NAS:ARBB) Days Sales Outstanding Explanation

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

ARB IOT Group Days Sales Outstanding Related Terms

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ARB IOT Group (ARB IOT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100

Website

https://www.arbiotgroup.com

ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

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