MeGroup (SGX:SJY) Days Sales Outstanding : 16.61 (As of Sep. 2023)

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What is MeGroup Days Sales Outstanding?

MeGroup's average Accounts Receivable for the six months ended in Sep. 2023 was S$5.8 Mil. MeGroup's Revenue for the six months ended in Sep. 2023 was S$63.4 Mil. Hence, MeGroup's Days Sales Outstanding for the six months ended in Sep. 2023 was 16.61.

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

SGX:SJY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.52 Med: 21.37 Max: 30.77
Current: 15.52

During the past 8 years, MeGroup's highest Days Sales Outstanding was 30.77. The lowest was 15.52. And the median was 21.37.

SGX:SJY's Days Sales Outstanding is not ranked
in the Vehicles & Parts industry.
Industry Median: 60.285 vs SGX:SJY: 15.52

MeGroup's Days Sales Outstanding increased from Sep. 2022 (14.94) to Sep. 2023 (16.61).

MeGroup Days Sales Outstanding Historical Data

The historical data trend for MeGroup'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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MeGroup Days Sales Outstanding Chart

MeGroup Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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20.79

17.78

18.27

21.94

16.34

MeGroup Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial										26.26	13.84	14.94	14.92	16.61

Competitive Comparison of MeGroup's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, MeGroup'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.

MeGroup's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MeGroup's Days Sales Outstanding distribution charts can be found below:

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

MeGroup 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.

MeGroup'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
=	( (5.527	+	5.804)	/	2 )	/	126.57	*	365
=	5.6655					/	126.57	*	365
=	16.34

MeGroup'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
=	( (5.804	+	5.734)	/	2 )	/	63.387	*	365 / 2
=	5.769					/	63.387	*	365 / 2
=	16.61

MeGroup (SGX:SJY) Days Sales Outstanding Explanation

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

MeGroup Days Sales Outstanding Related Terms

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MeGroup (SGX:SJY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MeGroup Ltd (SGX:SJY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Cecil Street, No. 14-01 Keck Seng Tower, Singapore, SGP, 069535

Website

https://www.me-grp.com

MeGroup Ltd is an automotive company. The company is involved in the manufacturing of noise, vibration, and harshness (NVH) and non-NVH components for the automotive industry. The business activities of the group function through the manufacturing business and dealership business segments where the manufacturing business segment specializes in manufacturing NVH components such as headliners and engine outers which are incorporated into various parts of automobiles, including the ceiling, dashboard, hood, and boot, as well as non-NVH components such as parcel trays and board assembly decks and the dealership business derives the majority of revenue which comprises several 3S and 4S automobile dealerships for the sale of new automobiles.

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