Nestcon Bhd (XKLS:0235) Days Sales Outstanding : 104.01 (As of Mar. 2024)

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What is Nestcon Bhd Days Sales Outstanding?

Nestcon Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM237.6 Mil. Nestcon Bhd's Revenue for the three months ended in Mar. 2024 was RM208.5 Mil. Hence, Nestcon Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 104.01.

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

XKLS:0235' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.54 Med: 104.09 Max: 142.43
Current: 92.67

During the past 7 years, Nestcon Bhd's highest Days Sales Outstanding was 142.43. The lowest was 68.54. And the median was 104.09.

XKLS:0235's Days Sales Outstanding is ranked worse than
61.43% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs XKLS:0235: 92.67

Nestcon Bhd's Days Sales Outstanding declined from Mar. 2023 (107.77) to Mar. 2024 (104.01).

Nestcon Bhd Days Sales Outstanding Historical Data

The historical data trend for Nestcon 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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Nestcon Bhd Days Sales Outstanding Chart

Nestcon Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.54

96.04

104.09

113.75

97.60

Nestcon Bhd Quarterly Data
	Dec17	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													107.77	96.72	84.10	90.98	104.01

Competitive Comparison of Nestcon Bhd's Days Sales Outstanding

For the Engineering & Construction subindustry, Nestcon 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.

Nestcon Bhd's Days Sales Outstanding Distribution in the Construction Industry

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

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

Nestcon 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.

Nestcon 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
=	( (173.813	+	240.715)	/	2 )	/	775.146	*	365
=	207.264					/	775.146	*	365
=	97.60

Nestcon Bhd'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (240.715	+	234.563)	/	2 )	/	208.491	*	365 / 4
=	237.639					/	208.491	*	365 / 4
=	104.01

Nestcon Bhd (XKLS:0235) Days Sales Outstanding Explanation

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

Nestcon Bhd Days Sales Outstanding Related Terms

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Nestcon Bhd (XKLS:0235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nestcon Bhd (XKLS:0235) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10, Jalan Kenari 13B, Bandar Puchong Jaya, Puchong, SGR, MYS, 47170

Website

https://www.nestcon.my

Nestcon Bhd is principally involved in the provision of construction services throughout Malaysia. Together with its subsidiaries, it operates in three reportable segments civil engineering and infrastructure works and building construction works, and Renewable energy. Construction services for buildings are categorized under the real estate construction market while construction services for civil engineering and infrastructure works are categorized under the civil engineering and specialized trade works market. Renewable Energy focuses on solar photovoltaic rooftop systems for residential, commercial, and industrial as well as the construction of large-scale solar PVThe majority of its revenue comes from Building services.

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