Synergy Innovation Co (XKRX:048870) Days Sales Outstanding

: 70.24 (As of Dec. 2023)

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Synergy Innovation Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩17,811 Mil. Synergy Innovation Co's Revenue for the three months ended in Dec. 2023 was ₩23,140 Mil. Hence, Synergy Innovation Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.24.

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

XKRX:048870' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.69 Med: 79.72 Max: 103.77
Current: 89.91

During the past 13 years, Synergy Innovation Co's highest Days Sales Outstanding was 103.77. The lowest was 48.69. And the median was 79.72.

XKRX:048870's Days Sales Outstanding is ranked worse than
60.65% of 887 companies
in the Biotechnology industry
Industry Median: 72.66 vs XKRX:048870: 89.91

Synergy Innovation Co's Days Sales Outstanding increased from Dec. 2022 (57.79) to Dec. 2023 (70.24).

Synergy Innovation Co Days Sales Outstanding Historical Data

The historical data trend for Synergy Innovation 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.

Synergy Innovation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

81.14

86.03

84.16

99.03

103.77

Synergy Innovation 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																57.79	215.23	49.69	83.22	70.24

Competitive Comparison

For the Biotechnology subindustry, Synergy Innovation 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.

Synergy Innovation Co Days Sales Outstanding Distribution

For the Biotechnology industry and Healthcare sector, Synergy Innovation Co's Days Sales Outstanding distribution charts can be found below:

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

Synergy Innovation 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.

Synergy Innovation 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
=	( (28490.414	+	18823.907)	/	2 )	/	83214.794	*	365
=	23657.1605					/	83214.794	*	365
=	103.77

Synergy Innovation Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16797.292	+	18823.907)	/	2 )	/	23139.594	*	365 / 4
=	17810.5995					/	23139.594	*	365 / 4
=	70.24

Synergy Innovation Co (XKRX:048870) Days Sales Outstanding Explanation

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

Synergy Innovation Co Days Sales Outstanding Related Terms

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Synergy Innovation Co (XKRX:048870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Synergy Innovation Co Ltd (XKRX:048870) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

124 Myeong-dong Dong 601, Seongnam-si, Gyeonggi-do, Seoul, KOR

Website

http://www.synergyinno.com

Synergy Innovation Co Ltd is a South Korean company engaged in research and development in various fields like genetics, new drugs, and medical devices and materials. The business of the company includes bio business and new drug development.

Synergy Innovation Co (XKRX:048870) Headlines

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