Korea Gas (XKRX:036460) Days Sales Outstanding : 49.53 (As of Mar. 2024)

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What is Korea Gas Days Sales Outstanding?

Korea Gas's average Accounts Receivable for the three months ended in Mar. 2024 was ₩6,953,049 Mil. Korea Gas's Revenue for the three months ended in Mar. 2024 was ₩12,810,655 Mil. Hence, Korea Gas's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.53.

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

XKRX:036460' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.83 Med: 73.66 Max: 85.11
Current: 58.83

During the past 13 years, Korea Gas's highest Days Sales Outstanding was 85.11. The lowest was 58.83. And the median was 73.66.

XKRX:036460's Days Sales Outstanding is ranked worse than
55.31% of 508 companies
in the Utilities - Regulated industry
Industry Median: 53.89 vs XKRX:036460: 58.83

Korea Gas's Days Sales Outstanding declined from Mar. 2023 (51.96) to Mar. 2024 (49.53).

Korea Gas Days Sales Outstanding Historical Data

The historical data trend for Korea Gas'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.

Korea Gas Days Sales Outstanding Chart

Korea Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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74.11

79.43

71.29

63.39

73.21

Korea Gas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															51.96	76.23	50.71	46.71	49.53

Competitive Comparison of Korea Gas's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Korea Gas'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.

Korea Gas's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Gas's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Korea Gas's Days Sales Outstanding falls into.

Korea Gas 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.

Korea Gas'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
=	( (11310384.849	+	6563120.067)	/	2 )	/	44555995.015	*	365
=	8936752.458					/	44555995.015	*	365
=	73.21

Korea Gas'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
=	( (6563120.067	+	7342977.348)	/	2 )	/	12810655.397	*	365 / 4
=	6953048.7075					/	12810655.397	*	365 / 4
=	49.53

Korea Gas (XKRX:036460) Days Sales Outstanding Explanation

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

Korea Gas Days Sales Outstanding Related Terms

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

Korea Gas (XKRX:036460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Korea Gas Corp (XKRX:036460) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

215 Jeongja-dong, Bundang-gu, Seongnam, KOR, 463-754

Website

http://www.kogas.or.kr

Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.

Korea Gas (XKRX:036460) Headlines

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