Hiap Tong (SGX:5PO) Days Sales Outstanding : 102.08 (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Hiap Tong Days Sales Outstanding?

Hiap Tong's average Accounts Receivable for the six months ended in Sep. 2023 was S$24.14 Mil. Hiap Tong's Revenue for the six months ended in Sep. 2023 was S$43.16 Mil. Hence, Hiap Tong's Days Sales Outstanding for the six months ended in Sep. 2023 was 102.08.

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

SGX:5PO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 82.86 Med: 106.89 Max: 125.9
Current: 96.57

During the past 13 years, Hiap Tong's highest Days Sales Outstanding was 125.90. The lowest was 82.86. And the median was 106.89.

SGX:5PO's Days Sales Outstanding is ranked worse than
82.14% of 1036 companies
in the Business Services industry
Industry Median: 58.395 vs SGX:5PO: 96.57

Hiap Tong's Days Sales Outstanding increased from Sep. 2022 (80.70) to Sep. 2023 (102.08).

Hiap Tong Days Sales Outstanding Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong Days Sales Outstanding Chart

Hiap Tong Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

91.70

96.63

105.88

98.06

82.86

Hiap Tong Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															94.67	103.70	80.70	91.90	102.08

Competitive Comparison of Hiap Tong's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Hiap Tong'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.

Hiap Tong's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hiap Tong's Days Sales Outstanding falls into.

Hiap Tong 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.

Hiap Tong'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
=	( (20.564	+	24.312)	/	2 )	/	98.837	*	365
=	22.438					/	98.837	*	365
=	82.86

Hiap Tong's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (24.312	+	23.973)	/	2 )	/	43.164	*	365 / 2
=	24.1425					/	43.164	*	365 / 2
=	102.08

Hiap Tong (SGX:5PO) Days Sales Outstanding Explanation

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

Hiap Tong Days Sales Outstanding Related Terms

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

Hiap Tong (SGX:5PO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Soon lee Road, Singapore, SGP, 628082

Website

https://www.hiaptong.com

Hiap Tong Corp Ltd is mainly involved in the renting of cranes, prime movers, heavy machinery, and equipment and trading of cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and port services. The company also focuses on providing load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong (SGX:5PO) Headlines

No Headlines