Market Connections Asia PCL (BKK:MCA) Days Sales Outstanding : 61.35 (As of Dec. 2023)

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What is Market Connections Asia PCL Days Sales Outstanding?

Market Connections Asia PCL's average Accounts Receivable for the six months ended in Dec. 2023 was ฿87.7 Mil. Market Connections Asia PCL's Revenue for the six months ended in Dec. 2023 was ฿260.8 Mil. Hence, Market Connections Asia PCL's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.35.

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

BKK:MCA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.01 Med: 64.15 Max: 85.25
Current: 62.36

During the past 3 years, Market Connections Asia PCL's highest Days Sales Outstanding was 85.25. The lowest was 58.01. And the median was 64.15.

BKK:MCA's Days Sales Outstanding is ranked better than
55.34% of 1021 companies
in the Media - Diversified industry
Industry Median: 69.25 vs BKK:MCA: 62.36

Market Connections Asia PCL's Days Sales Outstanding declined from Dec. 2022 (62.69) to Dec. 2023 (61.35).

Market Connections Asia PCL Days Sales Outstanding Historical Data

The historical data trend for Market Connections Asia 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.

* Premium members only.

Market Connections Asia PCL Days Sales Outstanding Chart

Market Connections Asia PCL Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

85.25

58.01

64.15

Market Connections Asia PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	53.01	62.69	61.61	61.35

Competitive Comparison of Market Connections Asia PCL's Days Sales Outstanding

For the Advertising Agencies subindustry, Market Connections Asia 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.

Market Connections Asia PCL's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Market Connections Asia PCL's Days Sales Outstanding falls into.

Market Connections Asia 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.

Market Connections Asia 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
=	( (66.114	+	99.491)	/	2 )	/	471.115	*	365
=	82.8025					/	471.115	*	365
=	64.15

Market Connections Asia 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (75.861	+	99.491)	/	2 )	/	260.829	*	365 / 2
=	87.676					/	260.829	*	365 / 2
=	61.35

Market Connections Asia PCL (BKK:MCA) Days Sales Outstanding Explanation

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

Market Connections Asia PCL Days Sales Outstanding Related Terms

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Market Connections Asia PCL (BKK:MCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230

Website

https://www.marketconnectionsasia.com

Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines

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