Tiong Seng Holdings (SGX:BFI) Days Sales Outstanding : 23.89 (As of Dec. 2023)

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What is Tiong Seng Holdings Days Sales Outstanding?

Tiong Seng Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was S$41.1 Mil. Tiong Seng Holdings's Revenue for the six months ended in Dec. 2023 was S$314.1 Mil. Hence, Tiong Seng Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.89.

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

SGX:BFI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27 Med: 38.64 Max: 75.88
Current: 31.25

During the past 13 years, Tiong Seng Holdings's highest Days Sales Outstanding was 75.88. The lowest was 27.00. And the median was 38.64.

SGX:BFI's Days Sales Outstanding is ranked better than
88.52% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs SGX:BFI: 31.25

Tiong Seng Holdings's Days Sales Outstanding declined from Dec. 2022 (39.22) to Dec. 2023 (23.89).

Tiong Seng Holdings Days Sales Outstanding Historical Data

The historical data trend for Tiong Seng 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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Tiong Seng Holdings Days Sales Outstanding Chart

Tiong Seng Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.50

75.88

44.74

39.46

27.00

Tiong Seng Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															78.32	52.98	39.22	51.97	23.89

Competitive Comparison of Tiong Seng Holdings's Days Sales Outstanding

For the Engineering & Construction subindustry, Tiong Seng 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.

Tiong Seng Holdings's Days Sales Outstanding Distribution in the Construction Industry

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

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

Tiong Seng 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.

Tiong Seng Holdings'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
=	( (39.673	+	30.521)	/	2 )	/	474.497	*	365
=	35.097					/	474.497	*	365
=	27.00

Tiong Seng Holdings'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
=	( (51.692	+	30.521)	/	2 )	/	314.07	*	365 / 2
=	41.1065					/	314.07	*	365 / 2
=	23.89

Tiong Seng Holdings (SGX:BFI) Days Sales Outstanding Explanation

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

Tiong Seng Holdings Days Sales Outstanding Related Terms

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Tiong Seng Holdings (SGX:BFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tiong Seng Holdings Ltd (SGX:BFI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Fan Yoong Road, Singapore, SGP, 629796

Website

https://www.tiongseng.com.sg

Tiong Seng Holdings Ltd operates as a construction and property development firm. It undertakes a wide range of projects of different variables such as residential, commercial, institutional, civil engineering, foundation and infrastructural projects. The firm has three segments, Construction: which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions: which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber. Property development: relates to the development and sales of properties. Most of its revenue is earned through construction services across Singapore. also has a presence in Malaysia.