REDtone Digital Bhd (XKLS:0032) Days Sales Outstanding : 32.09 (As of Dec. 2023)

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What is REDtone Digital Bhd Days Sales Outstanding?

REDtone Digital Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM31.5 Mil. REDtone Digital Bhd's Revenue for the three months ended in Dec. 2023 was RM89.7 Mil. Hence, REDtone Digital Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.09.

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

XKLS:0032' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.89 Med: 102 Max: 229.44
Current: 69.45

During the past 13 years, REDtone Digital Bhd's highest Days Sales Outstanding was 229.44. The lowest was 46.89. And the median was 102.00.

XKLS:0032's Days Sales Outstanding is ranked worse than
63.49% of 378 companies
in the Telecommunication Services industry
Industry Median: 56.94 vs XKLS:0032: 69.45

REDtone Digital Bhd's Days Sales Outstanding declined from Dec. 2022 (41.11) to Dec. 2023 (32.09).

REDtone Digital Bhd Days Sales Outstanding Historical Data

The historical data trend for REDtone Digital Bhd'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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REDtone Digital Bhd Days Sales Outstanding Chart

REDtone Digital Bhd Annual Data

Trend

May12

May13

May14

May15

Apr17

Apr18

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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219.99

90.81

103.05

99.74

75.90

REDtone Digital Bhd Quarterly Data
	Oct18	Jan19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															41.11	121.49	115.25	76.96	32.09

Competitive Comparison of REDtone Digital Bhd's Days Sales Outstanding

For the Telecom Services subindustry, REDtone Digital Bhd'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.

REDtone Digital Bhd's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, REDtone Digital Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where REDtone Digital Bhd's Days Sales Outstanding falls into.

REDtone Digital Bhd 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.

REDtone Digital Bhd'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
=	( (37.941	+	51.33)	/	2 )	/	214.654	*	365
=	44.6355					/	214.654	*	365
=	75.90

REDtone Digital Bhd'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (41.754	+	21.343)	/	2 )	/	89.704	*	365 / 4
=	31.5485					/	89.704	*	365 / 4
=	32.09

REDtone Digital Bhd (XKLS:0032) Days Sales Outstanding Explanation

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

REDtone Digital Bhd Days Sales Outstanding Related Terms

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REDtone Digital Bhd (XKLS:0032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » REDtone Digital Bhd (XKLS:0032) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

IOI Business Park, Suite 22-30, 5th Floor, Puchong, SGR, MYS, 47100

Website

https://www.redtone.com

REDtone Digital Bhd formerly REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry.

REDtone Digital Bhd (XKLS:0032) Headlines

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