MMAG Holdings Bhd (XKLS:0034) Days Sales Outstanding : 42.31 (As of Dec. 2023)

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What is MMAG Holdings Bhd Days Sales Outstanding?

MMAG Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM56.3 Mil. MMAG Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM121.3 Mil. Hence, MMAG Holdings Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.31.

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

XKLS:0034' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.68 Med: 41.94 Max: 94.51
Current: 39.95

During the past 13 years, MMAG Holdings Bhd's highest Days Sales Outstanding was 94.51. The lowest was 26.68. And the median was 41.94.

XKLS:0034's Days Sales Outstanding is ranked better than
77.2% of 2728 companies
in the Software industry
Industry Median: 61.85 vs XKLS:0034: 39.95

MMAG Holdings Bhd's Days Sales Outstanding increased from Dec. 2022 (32.54) to Dec. 2023 (42.31).

MMAG Holdings Bhd Days Sales Outstanding Historical Data

The historical data trend for MMAG Holdings 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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MMAG Holdings Bhd Days Sales Outstanding Chart

MMAG Holdings Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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94.51

51.87

44.28

26.68

31.19

MMAG Holdings 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															32.54	40.03	36.75	36.97	42.31

Competitive Comparison of MMAG Holdings Bhd's Days Sales Outstanding

For the Software - Application subindustry, MMAG Holdings 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.

MMAG Holdings Bhd's Days Sales Outstanding Distribution in the Software Industry

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

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

MMAG Holdings 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.

MMAG Holdings 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
=	( (29.771	+	42.369)	/	2 )	/	422.096	*	365
=	36.07					/	422.096	*	365
=	31.19

MMAG Holdings 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
=	( (50.816	+	61.715)	/	2 )	/	121.341	*	365 / 4
=	56.2655					/	121.341	*	365 / 4
=	42.31

MMAG Holdings Bhd (XKLS:0034) Days Sales Outstanding Explanation

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

MMAG Holdings Bhd Days Sales Outstanding Related Terms

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MMAG Holdings Bhd (XKLS:0034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MMAG Holdings Bhd (XKLS:0034) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600

Website

https://www.mmag.com.my

MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.

MMAG Holdings Bhd (XKLS:0034) Headlines

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