Advanced Connection PCL (BKK:ACC) Days Sales Outstanding : 35.26 (As of Dec. 2023)

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What is Advanced Connection PCL Days Sales Outstanding?

Advanced Connection PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿12.1 Mil. Advanced Connection PCL's Revenue for the three months ended in Dec. 2023 was ฿31.4 Mil. Hence, Advanced Connection PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.26.

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

BKK:ACC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.12 Med: 50.8 Max: 463.86
Current: 40.96

During the past 13 years, Advanced Connection PCL's highest Days Sales Outstanding was 463.86. The lowest was 35.12. And the median was 50.80.

BKK:ACC's Days Sales Outstanding is ranked better than
71.57% of 496 companies
in the Conglomerates industry
Industry Median: 61.035 vs BKK:ACC: 40.96

Advanced Connection PCL's Days Sales Outstanding declined from Dec. 2022 (93.24) to Dec. 2023 (35.26).

Advanced Connection PCL Days Sales Outstanding Historical Data

The historical data trend for Advanced Connection PCL'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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Advanced Connection PCL Days Sales Outstanding Chart

Advanced Connection PCL Annual Data

Trend

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.53

76.56

463.86

258.67

49.35

Advanced Connection PCL 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															93.24	93.65	25.95	42.34	35.26

Competitive Comparison of Advanced Connection PCL's Days Sales Outstanding

For the Conglomerates subindustry, Advanced Connection PCL'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.

Advanced Connection PCL's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Advanced Connection PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advanced Connection PCL's Days Sales Outstanding falls into.

Advanced Connection PCL 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.

Advanced Connection PCL'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
=	( (21.537	+	17.245)	/	2 )	/	143.432	*	365
=	19.391					/	143.432	*	365
=	49.35

Advanced Connection PCL'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
=	( (7.024	+	17.245)	/	2 )	/	31.399	*	365 / 4
=	12.1345					/	31.399	*	365 / 4
=	35.26

Advanced Connection PCL (BKK:ACC) Days Sales Outstanding Explanation

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

Advanced Connection PCL Days Sales Outstanding Related Terms

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Advanced Connection PCL (BKK:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Advanced Connection Corp PCL (BKK:ACC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250

Website

https://www.acc-plc.com

Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.