Multi Ways Holdings (Multi Ways Holdings) Days Sales Outstanding : 98.74 (As of Jun. 2023)

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What is Multi Ways Holdings Days Sales Outstanding?

Multi Ways Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was $7.78 Mil. Multi Ways Holdings's Revenue for the six months ended in Jun. 2023 was $14.37 Mil. Hence, Multi Ways Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 98.74.

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

MWG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.24 Med: 66.92 Max: 80.51
Current: 80.51

During the past 3 years, Multi Ways Holdings's highest Days Sales Outstanding was 80.51. The lowest was 65.24. And the median was 66.92.

MWG's Days Sales Outstanding is ranked worse than
73.67% of 1037 companies
in the Business Services industry
Industry Median: 58.23 vs MWG: 80.51

Multi Ways Holdings's Days Sales Outstanding increased from Jun. 2022 (53.30) to Jun. 2023 (98.74).

Multi Ways Holdings Days Sales Outstanding Historical Data

The historical data trend for Multi Ways Holdings'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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Multi Ways Holdings Days Sales Outstanding Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

80.09

66.92

65.24

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial			94.20	50.18	53.30	70.27	98.74

Competitive Comparison of Multi Ways Holdings's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.

Multi Ways Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Multi Ways Holdings's Days Sales Outstanding distribution charts can be found below:

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

Multi Ways Holdings 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.

Multi Ways Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (5.692	+	8.021)	/	2 )	/	38.359	*	365
=	6.8565					/	38.359	*	365
=	65.24

Multi Ways Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (8.021	+	7.53)	/	2 )	/	14.371	*	365 / 2
=	7.7755					/	14.371	*	365 / 2
=	98.74

Multi Ways Holdings (AMEX:MWG) Days Sales Outstanding Explanation

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

Multi Ways Holdings Days Sales Outstanding Related Terms

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Multi Ways Holdings (Multi Ways Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.