Development Advance Solution (XKRX:058730) Days Sales Outstanding : 127.90 (As of Mar. 2024)

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What is Development Advance Solution Days Sales Outstanding?

Development Advance Solution's average Accounts Receivable for the three months ended in Mar. 2024 was ₩101,840 Mil. Development Advance Solution's Revenue for the three months ended in Mar. 2024 was ₩72,657 Mil. Hence, Development Advance Solution's Days Sales Outstanding for the three months ended in Mar. 2024 was 127.90.

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

XKRX:058730' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.5 Med: 96.43 Max: 106.38
Current: 106.38

During the past 13 years, Development Advance Solution's highest Days Sales Outstanding was 106.38. The lowest was 77.50. And the median was 96.43.

XKRX:058730's Days Sales Outstanding is ranked worse than
88.42% of 596 companies
in the Steel industry
Industry Median: 49.815 vs XKRX:058730: 106.38

Development Advance Solution's Days Sales Outstanding increased from Mar. 2023 (101.31) to Mar. 2024 (127.90).

Development Advance Solution Days Sales Outstanding Historical Data

The historical data trend for Development Advance Solution'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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Development Advance Solution Days Sales Outstanding Chart

Development Advance Solution Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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97.77

99.28

77.50

95.97

102.53

Development Advance Solution 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															101.31	87.20	115.10	97.84	127.90

Competitive Comparison of Development Advance Solution's Days Sales Outstanding

For the Steel subindustry, Development Advance Solution'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.

Development Advance Solution's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Development Advance Solution's Days Sales Outstanding falls into.

Development Advance Solution 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.

Development Advance Solution'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
=	( (110584.222	+	101839.555)	/	2 )	/	378093.139	*	365
=	106211.8885					/	378093.139	*	365
=	102.53

Development Advance Solution'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
=	( (101839.555	+	0)	/	1 )	/	72657.322	*	365 / 4
=	101839.555					/	72657.322	*	365 / 4
=	127.90

Development Advance Solution (XKRX:058730) Days Sales Outstanding Explanation

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

Development Advance Solution Days Sales Outstanding Related Terms

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Development Advance Solution (XKRX:058730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Development Advance Solution (XKRX:058730) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1039-1,Unnong-ri, Dong-myeon, Hwaseong, Jeolla, KOR, 519-883

Website

http://www.dast.co.kr

Development Advance Solution is a South Korean company engaged in manufacturing of structural metal sheet products and metal works used for buildings.

Development Advance Solution (XKRX:058730) Headlines

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