Nova MSC Bhd (XKLS:0026) Days Sales Outstanding : 73.08 (As of Dec. 2023)

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What is Nova MSC Bhd Days Sales Outstanding?

Nova MSC Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM8.16 Mil. Nova MSC Bhd's Revenue for the three months ended in Dec. 2023 was RM10.19 Mil. Hence, Nova MSC Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.08.

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

XKLS:0026' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.96 Med: 102.8 Max: 171.22
Current: 87.97

During the past 13 years, Nova MSC Bhd's highest Days Sales Outstanding was 171.22. The lowest was 50.96. And the median was 102.80.

XKLS:0026's Days Sales Outstanding is ranked worse than
70.99% of 2734 companies
in the Software industry
Industry Median: 61.68 vs XKLS:0026: 87.97

Nova MSC Bhd's Days Sales Outstanding declined from Dec. 2022 (138.81) to Dec. 2023 (73.08).

Nova MSC Bhd Days Sales Outstanding Historical Data

The historical data trend for Nova MSC Bhd'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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Nova MSC Bhd Days Sales Outstanding Chart

Nova MSC Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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83.14

112.49

117.64

110.50

95.09

Nova MSC Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															138.81	109.47	82.10	68.46	73.08

Competitive Comparison of Nova MSC Bhd's Days Sales Outstanding

For the Software - Application subindustry, Nova MSC Bhd'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.

Nova MSC Bhd's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Nova MSC Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nova MSC Bhd's Days Sales Outstanding falls into.

Nova MSC Bhd 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.

Nova MSC Bhd's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (8.009	+	6.095)	/	2 )	/	27.068	*	365
=	7.052					/	27.068	*	365
=	95.09

Nova MSC Bhd'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6.402	+	9.911)	/	2 )	/	10.185	*	365 / 4
=	8.1565					/	10.185	*	365 / 4
=	73.08

Nova MSC Bhd (XKLS:0026) Days Sales Outstanding Explanation

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

Nova MSC Bhd Days Sales Outstanding Related Terms

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Nova MSC Bhd (XKLS:0026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nova MSC Bhd (XKLS:0026) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

0026PA.PFD:Malaysia

Address

No. 1, Medan Syed Putra Utara, Suite A-18-3, Northpoint, Mid Valley City, Tower A, Level 18, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.nova-hub.com

Nova MSC Bhd is an investment holding company. The company is engaged in software research and development and the provision of e-business solutions through the sale of application software and professional services for software customization and implementation. Its Geographical segments include Malaysia and Singapore. The products of the company include Pavo, which is an e-Government software that facilities the online submission of application documents; Avicenna, which is a fully integrated cloud-based system that takes care of the administrative needs, EyScan, a cloud-based platform that manages and executes SELENA+, system that performs automated retinal photo analysis and others.

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