Mestron Holdings Bhd (XKLS:0207) Days Sales Outstanding : 87.78 (As of Dec. 2023)

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What is Mestron Holdings Bhd Days Sales Outstanding?

Mestron Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM41.0 Mil. Mestron Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM42.7 Mil. Hence, Mestron Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 87.78.

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

XKLS:0207' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.34 Med: 107.86 Max: 125.19
Current: 81.45

During the past 9 years, Mestron Holdings Bhd's highest Days Sales Outstanding was 125.19. The lowest was 80.34. And the median was 107.86.

XKLS:0207's Days Sales Outstanding is ranked worse than
51.74% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs XKLS:0207: 81.45

Mestron Holdings Bhd's Days Sales Outstanding declined from Dec. 2022 (94.54) to Dec. 2023 (87.78).

Mestron Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for Mestron Holdings 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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Mestron Holdings Bhd Days Sales Outstanding Chart

Mestron Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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107.86

125.19

124.33

80.34

94.09

Mestron Holdings Bhd Quarterly Data
	Mar19	Jun19	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															94.54	88.79	64.81	74.01	87.78

Competitive Comparison of Mestron Holdings Bhd's Days Sales Outstanding

For the Metal Fabrication subindustry, Mestron Holdings 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.

Mestron Holdings Bhd's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mestron Holdings Bhd's Days Sales Outstanding distribution charts can be found below:

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

Mestron Holdings 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.

Mestron Holdings Bhd'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
=	( (30.251	+	46.46)	/	2 )	/	148.799	*	365
=	38.3555					/	148.799	*	365
=	94.09

Mestron Holdings 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
=	( (35.616	+	46.46)	/	2 )	/	42.658	*	365 / 4
=	41.038					/	42.658	*	365 / 4
=	87.78

Mestron Holdings Bhd (XKLS:0207) Days Sales Outstanding Explanation

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

Mestron Holdings Bhd Days Sales Outstanding Related Terms

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Mestron Holdings Bhd (XKLS:0207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mestron Holdings Bhd (XKLS:0207) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120

Website

https://www.mestron.com.my

Mestron Holdings Bhd is engaged in the steel pole business. It offers various pole product such as Standard Street Light Pole, Decorative Street Light Pole, Telecommunication Monopole, High Mast Pole, Camera Pole, Traffic Pole, Mid-Hinge Collapsible Pole, Oil & Gas and Mining Light Poles. The company's segments include Manufacturing that manufactures steel poles comprising standard street lighting poles, decorative light poles and specialty poles; and Trading that trades outdoor lighting products, Renewable energy and Property development . Majority of the revenue is derived from Manufacturing segment.

Mestron Holdings Bhd (XKLS:0207) Headlines

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