Vanachai Group PCL (BKK:VNG) Days Sales Outstanding : 21.49 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Vanachai Group PCL Days Sales Outstanding?

Vanachai Group PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿918 Mil. Vanachai Group PCL's Revenue for the three months ended in Dec. 2023 was ฿3,898 Mil. Hence, Vanachai Group PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.49.

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

BKK:VNG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.3 Med: 36.48 Max: 41.56
Current: 26.39

During the past 13 years, Vanachai Group PCL's highest Days Sales Outstanding was 41.56. The lowest was 25.30. And the median was 36.48.

BKK:VNG's Days Sales Outstanding is ranked better than
86.01% of 286 companies
in the Forest Products industry
Industry Median: 54.445 vs BKK:VNG: 26.39

Vanachai Group PCL's Days Sales Outstanding declined from Dec. 2022 (30.81) to Dec. 2023 (21.49).

Vanachai Group PCL Days Sales Outstanding Historical Data

The historical data trend for Vanachai Group 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.

* Premium members only.

Vanachai Group PCL Days Sales Outstanding Chart

Vanachai Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

35.37

38.20

29.41

32.56

25.30

Vanachai Group 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															30.81	26.68	28.62	31.06	21.49

Competitive Comparison of Vanachai Group PCL's Days Sales Outstanding

For the Lumber & Wood Production subindustry, Vanachai Group 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.

Vanachai Group PCL's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Days Sales Outstanding distribution charts can be found below:

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

Vanachai Group 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.

Vanachai Group 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
=	( (1087.755	+	873.768)	/	2 )	/	14148.185	*	365
=	980.7615					/	14148.185	*	365
=	25.30

Vanachai Group 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
=	( (962.237	+	873.768)	/	2 )	/	3898.176	*	365 / 4
=	918.0025					/	3898.176	*	365 / 4
=	21.49

Vanachai Group PCL (BKK:VNG) Days Sales Outstanding Explanation

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

Vanachai Group PCL Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vanachai Group PCL's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Vanachai Group PCL (BKK:VNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Vanachai Group PCL (BKK:VNG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/1 Wongsawang Road, Wongsawang, Bangsue, Bangkok, THA, 10800

Website

https://www.vanachai.com

Vanachai Group PCL is a building materials company that manufactures and distributes wood-based products. The company's primary products include board panels, particle boards, and wood substitutes. The company creates wood-based goods such as particleboards, medium density fiberboards (MDF boards), Doorskin and melamine laminated particleboards, which are distributed to both domestic and international markets. Vanachai also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.