MiraeN Edupartner Co (XKRX:208890) Days Sales Outstanding : 23.11 (As of Dec. 2023)

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What is MiraeN Edupartner Co Days Sales Outstanding?

MiraeN Edupartner Co's average Accounts Receivable for the six months ended in Dec. 2023 was ₩1,262 Mil. MiraeN Edupartner Co's Revenue for the six months ended in Dec. 2023 was ₩19,940 Mil. Hence, MiraeN Edupartner Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 11.55.

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

XKRX:208890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.48 Med: 16.88 Max: 50.39
Current: 23.11

During the past 10 years, MiraeN Edupartner Co's highest Days Sales Outstanding was 50.39. The lowest was 13.48. And the median was 16.88.

XKRX:208890's Days Sales Outstanding is ranked better than
54.4% of 250 companies
in the Education industry
Industry Median: 27.545 vs XKRX:208890: 23.11

MiraeN Edupartner Co's Days Sales Outstanding declined from Dec. 2021 (35.36) to Dec. 2023 (23.11).

MiraeN Edupartner Co Days Sales Outstanding Historical Data

The historical data trend for MiraeN Edupartner Co'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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MiraeN Edupartner Co Days Sales Outstanding Chart

MiraeN Edupartner Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

18.16

50.39

35.36

28.69

23.11

MiraeN Edupartner Co Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					18.16	50.39	35.36	28.69	23.11

Competitive Comparison of MiraeN Edupartner Co's Days Sales Outstanding

For the Education & Training Services subindustry, MiraeN Edupartner Co'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.

MiraeN Edupartner Co's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, MiraeN Edupartner Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MiraeN Edupartner Co's Days Sales Outstanding falls into.

MiraeN Edupartner Co 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.

MiraeN Edupartner Co'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
=	( (1113.242	+	1411.27)	/	2 )	/	19939.564	*	365
=	1262.256					/	19939.564	*	365
=	23.11

MiraeN Edupartner Co'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1113.242	+	1411.27)	/	2 )	/	19939.564	*	365 / 2
=	1262.256					/	19939.564	*	365 / 2
=	11.55

MiraeN Edupartner Co (XKRX:208890) Days Sales Outstanding Explanation

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

MiraeN Edupartner Co Days Sales Outstanding Related Terms

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MiraeN Edupartner Co (XKRX:208890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MiraeN Edupartner Co Ltd (XKRX:208890) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

125, Yanghwa Road, 8th Floor, Seogyo-dong, Gyeongnam Tourist Building, Mapo-gu, Ansan-si, KOR

Website

http://www.edupartner.co.kr

MiraeN Edupartner Co Ltd, formerly Edupartner Co Ltd is engaged in the provision of elementary and secondary education services. The company also offers after school services like computer classes and english classes.

MiraeN Edupartner Co (XKRX:208890) Headlines

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