Polynet PCL (BKK:POLY) Days Sales Outstanding : 56.58 (As of Dec. 2023)

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What is Polynet PCL Days Sales Outstanding?

Polynet PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿149.5 Mil. Polynet PCL's Revenue for the three months ended in Dec. 2023 was ฿241.1 Mil. Hence, Polynet PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.58.

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

BKK:POLY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.69 Med: 54.51 Max: 65
Current: 59.76

During the past 4 years, Polynet PCL's highest Days Sales Outstanding was 65.00. The lowest was 44.69. And the median was 54.51.

BKK:POLY's Days Sales Outstanding is ranked better than
71.39% of 2957 companies
in the Industrial Products industry
Industry Median: 79.56 vs BKK:POLY: 59.76

Polynet PCL's Days Sales Outstanding increased from Dec. 2022 (53.76) to Dec. 2023 (56.58).

Polynet PCL Days Sales Outstanding Historical Data

The historical data trend for Polynet 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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Polynet PCL Days Sales Outstanding Chart

Polynet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

56.56

44.69

52.45

65.00

Polynet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						53.76	63.26	59.93	53.98	56.58

Competitive Comparison of Polynet PCL's Days Sales Outstanding

For the Metal Fabrication subindustry, Polynet 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.

Polynet PCL's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polynet PCL's Days Sales Outstanding distribution charts can be found below:

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

Polynet 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.

Polynet 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
=	( (199.565	+	142.82)	/	2 )	/	961.334	*	365
=	171.1925					/	961.334	*	365
=	65.00

Polynet PCL'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
=	( (156.157	+	142.82)	/	2 )	/	241.076	*	365 / 4
=	149.4885					/	241.076	*	365 / 4
=	56.58

Polynet PCL (BKK:POLY) Days Sales Outstanding Explanation

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

Polynet PCL Days Sales Outstanding Related Terms

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Polynet PCL (BKK:POLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polynet PCL (BKK:POLY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Moo 11, Bangsaothong District, Bangsaothong Subdistrict, SamutPrakarn, THA, 10570

Website

https://www.polynet.co.th

Polynet PCL is engaged in the forming, manufacturing and distributing products related to rubber, plastic, silicone, molds for the automotive industry, medical tools and equipment and consumer products.