Asia Biomass PCL (BKK:ABM) Days Sales Outstanding : 36.51 (As of Mar. 2024)

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What is Asia Biomass PCL Days Sales Outstanding?

Asia Biomass PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿259 Mil. Asia Biomass PCL's Revenue for the three months ended in Mar. 2024 was ฿646 Mil. Hence, Asia Biomass PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.51.

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

BKK:ABM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.87 Med: 39.28 Max: 46.1
Current: 33.2

During the past 12 years, Asia Biomass PCL's highest Days Sales Outstanding was 46.10. The lowest was 30.87. And the median was 39.28.

BKK:ABM's Days Sales Outstanding is ranked better than
80.68% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.37 vs BKK:ABM: 33.20

Asia Biomass PCL's Days Sales Outstanding declined from Mar. 2023 (49.15) to Mar. 2024 (36.51).

Asia Biomass PCL Days Sales Outstanding Historical Data

The historical data trend for Asia Biomass PCL'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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Asia Biomass PCL Days Sales Outstanding Chart

Asia Biomass PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.17

40.80

39.36

39.19

44.45

Asia Biomass PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															49.15	27.82	27.80	41.10	36.51

Competitive Comparison of Asia Biomass PCL's Days Sales Outstanding

For the Utilities - Renewable subindustry, Asia Biomass PCL'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.

Asia Biomass PCL's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asia Biomass PCL's Days Sales Outstanding distribution charts can be found below:

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

Asia Biomass PCL 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.

Asia Biomass PCL'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
=	( (365.509	+	213.563)	/	2 )	/	2377.265	*	365
=	289.536					/	2377.265	*	365
=	44.45

Asia Biomass PCL'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (213.563	+	303.535)	/	2 )	/	646.28	*	365 / 4
=	258.549					/	646.28	*	365 / 4
=	36.51

Asia Biomass PCL (BKK:ABM) Days Sales Outstanding Explanation

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

Asia Biomass PCL Days Sales Outstanding Related Terms

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Asia Biomass PCL (BKK:ABM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Asia Biomass PCL (BKK:ABM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 273/2 Rama II Road, Samae Dam Sub-District, Bang Khun Thian District, Bangkok, THA, 10150

Website

http://www.asiabiomass.com

Asia Biomass PCL is a Thailand based company engaged in the trading of biomass. The company is involved in sourcing and distributing biomass fuels from palm shell, wood chip, saw dust and wood pellet. Its operating segment includes sale of goods and provision of service. The company generates maximum revenue from Sales segment.