Chin Teck Plantations Bhd (XKLS:1929) Days Sales Outstanding : 27.33 (As of Feb. 2024)

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What is Chin Teck Plantations Bhd Days Sales Outstanding?

Chin Teck Plantations Bhd's average Accounts Receivable for the three months ended in Feb. 2024 was RM15.4 Mil. Chin Teck Plantations Bhd's Revenue for the three months ended in Feb. 2024 was RM51.3 Mil. Hence, Chin Teck Plantations Bhd's Days Sales Outstanding for the three months ended in Feb. 2024 was 27.33.

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

XKLS:1929' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17 Med: 26.21 Max: 37.55
Current: 23.12

During the past 13 years, Chin Teck Plantations Bhd's highest Days Sales Outstanding was 37.55. The lowest was 17.00. And the median was 26.21.

XKLS:1929's Days Sales Outstanding is ranked better than
74.5% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs XKLS:1929: 23.12

Chin Teck Plantations Bhd's Days Sales Outstanding declined from Feb. 2023 (33.36) to Feb. 2024 (27.33).

Chin Teck Plantations Bhd Days Sales Outstanding Historical Data

The historical data trend for Chin Teck Plantations 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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Chin Teck Plantations Bhd Days Sales Outstanding Chart

Chin Teck Plantations Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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34.83

37.55

27.98

18.11

17.00

Chin Teck Plantations Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															33.36	28.28	20.06	16.33	27.33

Competitive Comparison of Chin Teck Plantations Bhd's Days Sales Outstanding

For the Farm Products subindustry, Chin Teck Plantations 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.

Chin Teck Plantations Bhd's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chin Teck Plantations Bhd's Days Sales Outstanding distribution charts can be found below:

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

Chin Teck Plantations 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.

Chin Teck Plantations Bhd's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (12.171	+	6.985)	/	2 )	/	205.674	*	365
=	9.578					/	205.674	*	365
=	17.00

Chin Teck Plantations Bhd's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (15.627	+	15.074)	/	2 )	/	51.258	*	365 / 4
=	15.3505					/	51.258	*	365 / 4
=	27.33

Chin Teck Plantations Bhd (XKLS:1929) Days Sales Outstanding Explanation

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

Chin Teck Plantations Bhd Days Sales Outstanding Related Terms

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Chin Teck Plantations Bhd (XKLS:1929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chin Teck Plantations Bhd (XKLS:1929) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 2B, Level 3A, Jalan Stesen Sentral 5, Suite 2B-3A-2, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.chinteck.com.my

Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, process and sale of fresh fruit bunches, crude palm oil, and palm kernel and is predominantly carried out in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang, and Keratong. The company also participates in joint ventures on oil palm plantations in Indonesia located at Lampung Province, Jambi Province, and South Sumatera Province, Sumatera, Republic of Indonesia.

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