GRAVITY Co (GRAVITY Co) Days Sales Outstanding

: 50.94 (As of Sep. 2023)

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GRAVITY Co's average Accounts Receivable for the three months ended in Sep. 2023 was $73.7 Mil. GRAVITY Co's Revenue for the three months ended in Sep. 2023 was $132.0 Mil. Hence, GRAVITY Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 50.94.

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

GRVY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.51 Med: 52.38 Max: 68.28
Current: 41.44

During the past 13 years, GRAVITY Co's highest Days Sales Outstanding was 68.28. The lowest was 37.51. And the median was 52.38.

GRVY's Days Sales Outstanding is ranked better than
57.59% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs GRVY: 41.44

GRAVITY Co's Days Sales Outstanding declined from Sep. 2022 (61.08) to Sep. 2023 (50.94).

GRAVITY Co Days Sales Outstanding Historical Data

The historical data trend for GRAVITY 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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GRAVITY Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.41

40.37

51.72

53.04

37.51

GRAVITY 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															38.94	40.66	34.55	50.94	47.17

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, GRAVITY 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.

GRAVITY Co Days Sales Outstanding Distribution

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Days Sales Outstanding distribution charts can be found below:

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

GRAVITY 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.

GRAVITY 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
=	( (59.724	+	54.595)	/	2 )	/	556.209	*	365
=	57.1595					/	556.209	*	365
=	37.51

GRAVITY Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (86.65	+	60.743)	/	2 )	/	132.019	*	365 / 4
=	73.6965					/	132.019	*	365 / 4
=	50.94

GRAVITY Co (NAS:GRVY) Days Sales Outstanding Explanation

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

GRAVITY Co Days Sales Outstanding Related Terms

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GRAVITY Co (GRAVITY Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GRAVITY Co Ltd (NAS:GRVY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GD8A:Germany

Address

15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925

Website

https://www.gravity.co.kr

GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.