Cuong Wood - Working JSC (STC:ACG) Days Sales Outstanding : 83.94 (As of Mar. 2024)

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What is Cuong Wood - Working JSC Days Sales Outstanding?

Cuong Wood - Working JSC's average Accounts Receivable for the three months ended in Mar. 2024 was ₫639,341 Mil. Cuong Wood - Working JSC's Revenue for the three months ended in Mar. 2024 was ₫694,978 Mil. Hence, Cuong Wood - Working JSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.94.

The historical rank and industry rank for Cuong Wood - Working JSC's Days Sales Outstanding or its related term are showing as below:

STC:ACG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.09 Med: 59.34 Max: 66.85
Current: 63.64

During the past 5 years, Cuong Wood - Working JSC's highest Days Sales Outstanding was 66.85. The lowest was 49.09. And the median was 59.34.

STC:ACG's Days Sales Outstanding is ranked worse than
64.81% of 287 companies
in the Forest Products industry
Industry Median: 53.76 vs STC:ACG: 63.64

Cuong Wood - Working JSC's Days Sales Outstanding declined from Mar. 2023 (86.16) to Mar. 2024 (83.94).

Cuong Wood - Working JSC Days Sales Outstanding Historical Data

The historical data trend for Cuong Wood - Working JSC'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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Cuong Wood - Working JSC Days Sales Outstanding Chart

Cuong Wood - Working JSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

50.48

59.34

64.09

49.09

66.85

Cuong Wood - Working JSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									86.16	63.17	65.63	55.38	83.94

Competitive Comparison of Cuong Wood - Working JSC's Days Sales Outstanding

For the Lumber & Wood Production subindustry, Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cuong Wood - Working JSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cuong Wood - Working JSC's Days Sales Outstanding falls into.

Cuong Wood - Working JSC 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.

Cuong Wood - Working JSC'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
=	( (654268.205	+	723795.485)	/	2 )	/	3762129.252	*	365
=	689031.845					/	3762129.252	*	365
=	66.85

Cuong Wood - Working JSC'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
=	( (723795.485	+	554886.967)	/	2 )	/	694977.578	*	365 / 4
=	639341.226					/	694977.578	*	365 / 4
=	83.94

Cuong Wood - Working JSC (STC:ACG) Days Sales Outstanding Explanation

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

Cuong Wood - Working JSC Days Sales Outstanding Related Terms

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Cuong Wood - Working JSC (STC:ACG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cuong Wood - Working JSC (STC:ACG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM

Website

https://www.ancuong.com

Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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