PT Adirana Armada Tbk (ISX:ASSA) Days Sales Outstanding : 28.45 (As of Mar. 2024)

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What is PT Adirana Armada Tbk Days Sales Outstanding?

PT Adirana Armada Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp368,434 Mil. PT Adirana Armada Tbk's Revenue for the three months ended in Mar. 2024 was Rp1,181,858 Mil. Hence, PT Adirana Armada Tbk's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.45.

The historical rank and industry rank for PT Adirana Armada Tbk's Days Sales Outstanding or its related term are showing as below:

ISX:ASSA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.77 Med: 38.49 Max: 43.27
Current: 30.04

During the past 13 years, PT Adirana Armada Tbk's highest Days Sales Outstanding was 43.27. The lowest was 19.77. And the median was 38.49.

ISX:ASSA's Days Sales Outstanding is ranked better than
84.97% of 1038 companies
in the Business Services industry
Industry Median: 58.43 vs ISX:ASSA: 30.04

PT Adirana Armada Tbk's Days Sales Outstanding increased from Mar. 2023 (26.62) to Mar. 2024 (28.45).

PT Adirana Armada Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Adirana Armada Tbk'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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PT Adirana Armada Tbk Days Sales Outstanding Chart

PT Adirana Armada Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.30

37.52

23.99

19.77

25.32

PT Adirana Armada Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															26.62	27.38	31.55	31.21	28.45

Competitive Comparison of PT Adirana Armada Tbk's Days Sales Outstanding

For the Rental & Leasing Services subindustry, PT Adirana Armada Tbk'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.

PT Adirana Armada Tbk's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Adirana Armada Tbk's Days Sales Outstanding falls into.

PT Adirana Armada Tbk 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.

PT Adirana Armada Tbk'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
=	( (305195.2	+	310714.419)	/	2 )	/	4438522.306	*	365
=	307954.8095					/	4438522.306	*	365
=	25.32

PT Adirana Armada Tbk'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
=	( (310714.419	+	426153.198)	/	2 )	/	1181858.146	*	365 / 4
=	368433.8085					/	1181858.146	*	365 / 4
=	28.45

PT Adirana Armada Tbk (ISX:ASSA) Days Sales Outstanding Explanation

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

PT Adirana Armada Tbk Days Sales Outstanding Related Terms

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PT Adirana Armada Tbk (ISX:ASSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Adi Sarana Armada Tbk (ISX:ASSA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Yos Sudarso No. 88 Sunter, Jakarta Utara, Jakarta, IDN, 14350

Website

https://www.assarent.co.id

PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expedition, and warehouses, and provides long and short-term rental services. The company's segment includes Vehicle lease, Autopool and Driver; Sale of the used vehicles; Logistics; Express; Auction, and others.

PT Adirana Armada Tbk (ISX:ASSA) Headlines

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