Sermsang Power PCL (BKK:SSP) Days Sales Outstanding : 81.17 (As of Dec. 2023)

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What is Sermsang Power PCL Days Sales Outstanding?

Sermsang Power PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿656 Mil. Sermsang Power PCL's Revenue for the three months ended in Dec. 2023 was ฿738 Mil. Hence, Sermsang Power PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 81.17.

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

BKK:SSP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.53 Med: 84.01 Max: 197.12
Current: 76.29

During the past 10 years, Sermsang Power PCL's highest Days Sales Outstanding was 197.12. The lowest was 56.53. And the median was 84.01.

BKK:SSP's Days Sales Outstanding is ranked worse than
58.19% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.36 vs BKK:SSP: 76.29

Sermsang Power PCL's Days Sales Outstanding increased from Dec. 2022 (76.65) to Dec. 2023 (81.17).

Sermsang Power PCL Days Sales Outstanding Historical Data

The historical data trend for Sermsang Power 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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Sermsang Power PCL Days Sales Outstanding Chart

Sermsang Power PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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123.94

84.01

56.53

69.61

79.27

Sermsang Power PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															76.65	77.11	70.98	73.24	81.17

Competitive Comparison of Sermsang Power PCL's Days Sales Outstanding

For the Utilities - Renewable subindustry, Sermsang Power 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.

Sermsang Power PCL's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Days Sales Outstanding distribution charts can be found below:

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

Sermsang Power 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.

Sermsang Power 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
=	( (711.651	+	622.641)	/	2 )	/	3071.872	*	365
=	667.146					/	3071.872	*	365
=	79.27

Sermsang Power 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
=	( (690.309	+	622.641)	/	2 )	/	738.019	*	365 / 4
=	656.475					/	738.019	*	365 / 4
=	81.17

Sermsang Power PCL (BKK:SSP) Days Sales Outstanding Explanation

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

Sermsang Power PCL Days Sales Outstanding Related Terms

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Sermsang Power PCL (BKK:SSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sermsang Power Corporation PCL (BKK:SSP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300

Website

https://www.sermsang.com

Sermsang Power Corporation PCL is engaged in investment, consultancy, and provision of services for energy businesses to related parties. The company's operating segments are production and distribution of electricity from solar plants, Electricity distribution and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from a biomass power plant, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.