AcroMeta Group (SGX:43F) Days Sales Outstanding : 50.75 (As of Mar. 2024)

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What is AcroMeta Group Days Sales Outstanding?

AcroMeta Group's average Accounts Receivable for the six months ended in Mar. 2024 was S$6.53 Mil. AcroMeta Group's Revenue for the six months ended in Mar. 2024 was S$23.49 Mil. Hence, AcroMeta Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 50.75.

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

SGX:43F' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.5 Med: 63.64 Max: 116.19
Current: 45.62

During the past 11 years, AcroMeta Group's highest Days Sales Outstanding was 116.19. The lowest was 34.50. And the median was 63.64.

SGX:43F's Days Sales Outstanding is ranked better than
77.2% of 1645 companies
in the Construction industry
Industry Median: 72.65 vs SGX:43F: 45.62

AcroMeta Group's Days Sales Outstanding declined from Mar. 2023 (61.45) to Mar. 2024 (50.75).

AcroMeta Group Days Sales Outstanding Historical Data

The historical data trend for AcroMeta Group'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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AcroMeta Group Days Sales Outstanding Chart

AcroMeta Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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75.78

116.19

81.92

76.08

72.17

AcroMeta Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															53.19	54.85	61.45	47.59	50.75

Competitive Comparison of AcroMeta Group's Days Sales Outstanding

For the Engineering & Construction subindustry, AcroMeta Group'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.

AcroMeta Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, AcroMeta Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where AcroMeta Group's Days Sales Outstanding falls into.

AcroMeta Group 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.

AcroMeta Group's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (18.699	+	8.783)	/	2 )	/	69.499	*	365
=	13.741					/	69.499	*	365
=	72.17

AcroMeta Group'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (8.783	+	4.283)	/	2 )	/	23.493	*	365 / 2
=	6.533					/	23.493	*	365 / 2
=	50.75

AcroMeta Group (SGX:43F) Days Sales Outstanding Explanation

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

AcroMeta Group Days Sales Outstanding Related Terms

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AcroMeta Group (SGX:43F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AcroMeta Group Ltd (SGX:43F) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Kaki Bukit Avenue 1, No. 04-04, Kaki Bukit Industrial Estate, Singapore, SGP, 417939

Website

https://www.acromec.com

AcroMeta Group Ltd is a specialist engineering services provider in the field of controlled environments. Its reportable segments are Engineering, Procurement and Construction; Maintenance; Renewable energy. and Co-working laboratory space segment. The company generates maximum revenue from the Engineering, Procurement and Construction segment that provides engineering, procurement and construction services, specializing in architectural, mechanical, electrical and process works within controlled environment.

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