GFM Services Bhd (XKLS:0039) Days Sales Outstanding : 35.08 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is GFM Services Bhd Days Sales Outstanding?

GFM Services Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM18.5 Mil. GFM Services Bhd's Revenue for the three months ended in Dec. 2023 was RM48.0 Mil. Hence, GFM Services Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.08.

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

XKLS:0039' s Days Sales Outstanding Range Over the Past 10 Years
Min: -1789.25 Med: 44.9 Max: 57.6
Current: 46.46

During the past 13 years, GFM Services Bhd's highest Days Sales Outstanding was 57.60. The lowest was -1789.25. And the median was 44.90.

XKLS:0039's Days Sales Outstanding is ranked better than
67.37% of 1039 companies
in the Business Services industry
Industry Median: 58.53 vs XKLS:0039: 46.46

GFM Services Bhd's Days Sales Outstanding declined from Dec. 2022 (51.21) to Dec. 2023 (35.08).

GFM Services Bhd Days Sales Outstanding Historical Data

The historical data trend for GFM Services 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.

* Premium members only.

GFM Services Bhd Days Sales Outstanding Chart

GFM Services Bhd Annual Data

Trend

Aug14

Aug15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

39.44

46.01

44.31

47.54

46.10

GFM Services 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															51.21	56.53	49.15	51.15	35.08

Competitive Comparison of GFM Services Bhd's Days Sales Outstanding

For the Specialty Business Services subindustry, GFM Services 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.

GFM Services Bhd's Days Sales Outstanding Distribution in the Business Services Industry

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

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

GFM Services 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.

GFM Services Bhd'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
=	( (20.634	+	16.226)	/	2 )	/	145.914	*	365
=	18.43					/	145.914	*	365
=	46.10

GFM Services 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
=	( (20.705	+	16.226)	/	2 )	/	48.039	*	365 / 4
=	18.4655					/	48.039	*	365 / 4
=	35.08

GFM Services Bhd (XKLS:0039) Days Sales Outstanding Explanation

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

GFM Services Bhd Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of GFM Services Bhd's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

GFM Services Bhd (XKLS:0039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GFM Services Bhd (XKLS:0039) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-3A-1 Melawati Corporate Centre, Jalan Bandar Melawati, Taman Melawati, Kuala Lumpur, SGR, MYS, 53100

Website

https://www.gfmservices.com.my

GFM Services Bhd is an investment holding company. Its core business is in providing Facilities Management services which include the provision of facilities operations, maintenance and management, engineering services, facilities consultancy and advisory, and facilities management services. The Concession arrangements business involves the construction and maintenance of facilities and infrastructure.

GFM Services Bhd (XKLS:0039) Headlines

No Headlines