Cheryong Industrial Co (XKRX:147830) Days Sales Outstanding : 58.23 (As of Mar. 2024)

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What is Cheryong Industrial Co Days Sales Outstanding?

Cheryong Industrial Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩3,897 Mil. Cheryong Industrial Co's Revenue for the three months ended in Mar. 2024 was ₩6,107 Mil. Hence, Cheryong Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.23.

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

XKRX:147830' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.74 Med: 36.59 Max: 54.26
Current: 41.83

During the past 13 years, Cheryong Industrial Co's highest Days Sales Outstanding was 54.26. The lowest was 16.74. And the median was 36.59.

XKRX:147830's Days Sales Outstanding is ranked better than
88.74% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs XKRX:147830: 41.83

Cheryong Industrial Co's Days Sales Outstanding increased from Mar. 2023 (21.95) to Mar. 2024 (58.23).

Cheryong Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Cheryong Industrial 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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Cheryong Industrial Co Days Sales Outstanding Chart

Cheryong Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.10

54.26

28.22

16.74

36.78

Cheryong Industrial Co 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															21.95	36.58	38.52	37.53	58.23

Competitive Comparison of Cheryong Industrial Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Cheryong Industrial 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.

Cheryong Industrial Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cheryong Industrial Co's Days Sales Outstanding distribution charts can be found below:

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

Cheryong Industrial 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.

Cheryong Industrial 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
=	( (3026.939	+	5215.976)	/	2 )	/	40895.901	*	365
=	4121.4575					/	40895.901	*	365
=	36.78

Cheryong Industrial Co'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
=	( (5215.976	+	2578.977)	/	2 )	/	6107.362	*	365 / 4
=	3897.4765					/	6107.362	*	365 / 4
=	58.23

Cheryong Industrial Co (XKRX:147830) Days Sales Outstanding Explanation

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

Cheryong Industrial Co Days Sales Outstanding Related Terms

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Cheryong Industrial Co (XKRX:147830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cheryong Industrial Co Ltd (XKRX:147830) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

339-1, Kwangjang-dong, 628 Garasam Building, Gwangjin-Gu, Seoul, KOR, 143-210

Website

http://www.cheryong.co.kr

Cheryong Industrial Co Ltd is a manufacturer and distributor of transmission and substation materials, distribution equipment, underground ship materials, and communication equipment. It provides transmission material such as built-in wire harness, double suspension insulator; distribution material consist of the Low-pressure hermetic metal diverging sleeve, Plastic reel for wire wrapping.

Cheryong Industrial Co (XKRX:147830) Headlines

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