Millcon Steel PCL (BKK:MILL) Days Sales Outstanding : 255.44 (As of Mar. 2024)

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What is Millcon Steel PCL Days Sales Outstanding?

Millcon Steel PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿4,640 Mil. Millcon Steel PCL's Revenue for the three months ended in Mar. 2024 was ฿1,658 Mil. Hence, Millcon Steel PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 255.44.

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

BKK:MILL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.31 Med: 48.72 Max: 84.81
Current: 84.81

During the past 13 years, Millcon Steel PCL's highest Days Sales Outstanding was 84.81. The lowest was 30.31. And the median was 48.72.

BKK:MILL's Days Sales Outstanding is ranked worse than
81.48% of 594 companies
in the Steel industry
Industry Median: 49.315 vs BKK:MILL: 84.81

Millcon Steel PCL's Days Sales Outstanding increased from Mar. 2023 (87.34) to Mar. 2024 (255.44).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Millcon Steel PCL Days Sales Outstanding Historical Data

The historical data trend for Millcon Steel PCL'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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Millcon Steel PCL Days Sales Outstanding Chart

Millcon Steel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.93

69.23

32.28

44.38

76.88

Millcon Steel PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															87.34	46.76	74.42	94.40	255.44

Competitive Comparison of Millcon Steel PCL's Days Sales Outstanding

For the Steel subindustry, Millcon Steel PCL'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.

Millcon Steel PCL's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Millcon Steel PCL's Days Sales Outstanding falls into.

Millcon Steel PCL 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.

Millcon Steel PCL'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
=	( (3244.899	+	4747.303)	/	2 )	/	18972.573	*	365
=	3996.101					/	18972.573	*	365
=	76.88

Millcon Steel PCL'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
=	( (4747.303	+	4533.443)	/	2 )	/	1657.662	*	365 / 4
=	4640.373					/	1657.662	*	365 / 4
=	255.44

Millcon Steel PCL (BKK:MILL) Days Sales Outstanding Explanation

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

Millcon Steel PCL Days Sales Outstanding Related Terms

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Millcon Steel PCL (BKK:MILL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Millcon Steel PCL (BKK:MILL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Bangkhuntien, Bangkok, THA, 10150

Website

https://www.millconsteel.com

Millcon Steel PCL is engaged in the manufacturing and trading of steel products and the generation and sale of electricity from alternative energy sources. The reportable segments of the company are the Manufacturing segment and Trading segment. The vast majority of its revenue comes from the Domestic Market. The company's products include Steel, Reinforcing steel bar, Wire rod, Long steel bar, Spiral deformed steel bar, and others.

Millcon Steel PCL (BKK:MILL) Headlines

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