MiraeING Co (XKRX:007120) Days Sales Outstanding : 7.72 (As of Dec. 2023)

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What is MiraeING Co Days Sales Outstanding?

MiraeING Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩209 Mil. MiraeING Co's Revenue for the three months ended in Dec. 2023 was ₩2,472 Mil. Hence, MiraeING Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.72.

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

XKRX:007120' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.7 Med: 40.71 Max: 69.46
Current: 11.44

During the past 13 years, MiraeING Co's highest Days Sales Outstanding was 69.46. The lowest was 7.70. And the median was 40.71.

XKRX:007120's Days Sales Outstanding is ranked better than
96.24% of 1036 companies
in the Business Services industry
Industry Median: 58.305 vs XKRX:007120: 11.44

MiraeING Co's Days Sales Outstanding declined from Dec. 2022 (8.49) to Dec. 2023 (7.72).

MiraeING Co Days Sales Outstanding Historical Data

The historical data trend for MiraeING Co'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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MiraeING Co Days Sales Outstanding Chart

MiraeING Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.47

29.92

9.60

7.70

8.54

MiraeING Co 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															8.49	12.08	17.43	10.38	7.72

Competitive Comparison of MiraeING Co's Days Sales Outstanding

For the Security & Protection Services subindustry, MiraeING Co'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.

MiraeING Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MiraeING Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MiraeING Co's Days Sales Outstanding falls into.

MiraeING Co 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.

MiraeING Co'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
=	( (482.939	+	126.589)	/	2 )	/	13025.587	*	365
=	304.764					/	13025.587	*	365
=	8.54

MiraeING Co'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
=	( (291.896	+	126.589)	/	2 )	/	2472.389	*	365 / 4
=	209.2425					/	2472.389	*	365 / 4
=	7.72

MiraeING Co (XKRX:007120) Days Sales Outstanding Explanation

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

MiraeING Co Days Sales Outstanding Related Terms

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MiraeING Co (XKRX:007120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MiraeING Co (XKRX:007120) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

509, Dosan-daero, Gangnam-gu, Seoul, KOR, 135-957

Website

http://www.miraeing.co.kr

MiraeING.Co. operates in the security and protection services industry in South Korea. The company is engaged in the manufacturing of CCTV camera, self-propelled howitzers and offers solutions in the form of SWIFT.

MiraeING Co (XKRX:007120) Headlines

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