Hanil Forging Industrial Co (XKRX:024740) Days Sales Outstanding : 81.96 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Hanil Forging Industrial Co Days Sales Outstanding?

Hanil Forging Industrial Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩36,643 Mil. Hanil Forging Industrial Co's Revenue for the three months ended in Mar. 2024 was ₩40,798 Mil. Hence, Hanil Forging Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 81.96.

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

XKRX:024740' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.52 Med: 78.73 Max: 88.61
Current: 86.13

During the past 13 years, Hanil Forging Industrial Co's highest Days Sales Outstanding was 88.61. The lowest was 73.52. And the median was 78.73.

XKRX:024740's Days Sales Outstanding is ranked worse than
76.84% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs XKRX:024740: 86.13

Hanil Forging Industrial Co's Days Sales Outstanding declined from Mar. 2023 (82.74) to Mar. 2024 (81.96).

Hanil Forging Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Hanil Forging 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.

* Premium members only.

Hanil Forging Industrial Co Days Sales Outstanding Chart

Hanil Forging Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

74.02

80.65

88.61

79.94

77.87

Hanil Forging 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															82.74	83.94	90.51	83.13	81.96

Competitive Comparison of Hanil Forging Industrial Co's Days Sales Outstanding

For the Auto Parts subindustry, Hanil Forging 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.

Hanil Forging Industrial Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hanil Forging Industrial Co's Days Sales Outstanding distribution charts can be found below:

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

Hanil Forging 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.

Hanil Forging 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
=	( (39377.883	+	36643.374)	/	2 )	/	178166.777	*	365
=	38010.6285					/	178166.777	*	365
=	77.87

Hanil Forging 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
=	( (36643.374	+	0)	/	1 )	/	40797.775	*	365 / 4
=	36643.374					/	40797.775	*	365 / 4
=	81.96

Hanil Forging Industrial Co (XKRX:024740) Days Sales Outstanding Explanation

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

Hanil Forging Industrial Co Days Sales Outstanding Related Terms

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

Hanil Forging Industrial Co (XKRX:024740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hanil Forging Industrial Co Ltd (XKRX:024740) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

604-7, 42 of 97th Road, SungJuRo, NamSan-Dong, SungSan-Gu, KyungNam, Changwon, KOR

Website

http://www.hifg.co.kr

Hanil Forging Industrial Co Ltd is a Korea based company engaged in manufacturing automobile parts. Its products include axle shafts and spindles, ring gear, hammer forgings, aluminium forgings, RF, bebel gear, and others. The organization has a business presence in Korea and other countries.

Hanil Forging Industrial Co (XKRX:024740) Headlines

No Headlines