LGMS Bhd (XKLS:0249) Days Sales Outstanding : 78.68 (As of Mar. 2024)

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What is LGMS Bhd Days Sales Outstanding?

LGMS Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM7.42 Mil. LGMS Bhd's Revenue for the three months ended in Mar. 2024 was RM8.61 Mil. Hence, LGMS Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.68.

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

XKLS:0249' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.06 Med: 71.22 Max: 97.05
Current: 76.94

During the past 6 years, LGMS Bhd's highest Days Sales Outstanding was 97.05. The lowest was 54.06. And the median was 71.22.

XKLS:0249's Days Sales Outstanding is ranked worse than
63.76% of 2737 companies
in the Software industry
Industry Median: 61.8 vs XKLS:0249: 76.94

LGMS Bhd's Days Sales Outstanding declined from Mar. 2023 (105.45) to Mar. 2024 (78.68).

LGMS Bhd Days Sales Outstanding Historical Data

The historical data trend for LGMS 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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LGMS Bhd Days Sales Outstanding Chart

LGMS Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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90.63

76.52

54.06

63.29

65.91

LGMS Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								105.45	79.95	84.71	61.14	78.68

Competitive Comparison of LGMS Bhd's Days Sales Outstanding

For the Information Technology Services subindustry, LGMS 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.

LGMS Bhd's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, LGMS Bhd's Days Sales Outstanding distribution charts can be found below:

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

LGMS 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.

LGMS 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
=	( (6.07	+	6.296)	/	2 )	/	34.242	*	365
=	6.183					/	34.242	*	365
=	65.91

LGMS Bhd'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
=	( (6.296	+	8.543)	/	2 )	/	8.605	*	365 / 4
=	7.4195					/	8.605	*	365 / 4
=	78.68

LGMS Bhd (XKLS:0249) Days Sales Outstanding Explanation

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

LGMS Bhd Days Sales Outstanding Related Terms

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LGMS Bhd (XKLS:0249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LGMS Bhd (XKLS:0249) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan SS 16/1, A-11-01, Empire Office Tower, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47500

Website

https://www.lgms.global

LGMS Bhd is an independent provider of professional cybersecurity services, involved in cybersecurity assessment and penetration testing, cyber risk management and compliance, and the provision of digital forensics and incident response services.

LGMS Bhd (XKLS:0249) Headlines

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