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Tcc Steel (XKRX:002710) Days Sales Outstanding : 48.08 (As of Dec. 2023)


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What is Tcc Steel Days Sales Outstanding?

Tcc Steel's average Accounts Receivable for the three months ended in Dec. 2023 was ₩82,740 Mil. Tcc Steel's Revenue for the three months ended in Dec. 2023 was ₩157,017 Mil. Hence, Tcc Steel's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.08.

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

XKRX:002710' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.38   Med: 48.05   Max: 58.09
Current: 50.92

During the past 13 years, Tcc Steel's highest Days Sales Outstanding was 58.09. The lowest was 36.38. And the median was 48.05.

XKRX:002710's Days Sales Outstanding is ranked worse than
51.67% of 600 companies
in the Steel industry
Industry Median: 49.315 vs XKRX:002710: 50.92

Tcc Steel's Days Sales Outstanding declined from Dec. 2022 (53.15) to Dec. 2023 (48.08).


Tcc Steel Days Sales Outstanding Historical Data

The historical data trend for Tcc Steel'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.

Tcc Steel Days Sales Outstanding Chart

Tcc Steel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.38 41.08 44.33 46.90 52.21

Tcc Steel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.15 57.64 42.50 56.98 48.08

Competitive Comparison of Tcc Steel's Days Sales Outstanding

For the Steel subindustry, Tcc Steel'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.


Tcc Steel's Days Sales Outstanding Distribution in the Steel Industry

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

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



Tcc Steel 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.

Tcc Steel'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
=( (97678.603 + 80963.89) / 2 ) / 624418.627*365
=89321.2465 / 624418.627*365
=52.21

Tcc Steel'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
=( (84515.309 + 80963.89) / 2 ) / 157017.395*365 / 4
=82739.5995 / 157017.395*365 / 4
=48.08

* 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.


Tcc Steel  (XKRX:002710) Days Sales Outstanding Explanation

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


Tcc Steel Days Sales Outstanding Related Terms

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Tcc Steel (XKRX:002710) Business Description

Traded in Other Exchanges
N/A
Address
93 Dangsan-Dong 4ga, Dongyang tower, Yeongdeungpo-gu, Seoul, KOR, 150-722
Tcc Steel is a Korea based company engaged in the manufacture and marketing of tinplate used for a various food and beverage cans. The company also manufactures copper coated and nickel coated plates. The organization also exports its products to international countries.

Tcc Steel (XKRX:002710) Headlines

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