Shinsung Delta Tech Co (XKRX:065350) Days Sales Outstanding : 80.54 (As of Dec. 2023)

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What is Shinsung Delta Tech Co Days Sales Outstanding?

Shinsung Delta Tech Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩164,200 Mil. Shinsung Delta Tech Co's Revenue for the three months ended in Dec. 2023 was ₩186,031 Mil. Hence, Shinsung Delta Tech Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.54.

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

XKRX:065350' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.72 Med: 65.29 Max: 75.15
Current: 75.15

During the past 13 years, Shinsung Delta Tech Co's highest Days Sales Outstanding was 75.15. The lowest was 56.72. And the median was 65.29.

XKRX:065350's Days Sales Outstanding is ranked better than
53.89% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs XKRX:065350: 75.15

Shinsung Delta Tech Co's Days Sales Outstanding declined from Dec. 2022 (82.76) to Dec. 2023 (80.54).

Shinsung Delta Tech Co Days Sales Outstanding Historical Data

The historical data trend for Shinsung Delta Tech 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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Shinsung Delta Tech Co Days Sales Outstanding Chart

Shinsung Delta Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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61.66

66.87

63.74

72.12

68.21

Shinsung Delta Tech 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															82.76	70.81	82.14	75.24	80.54

Competitive Comparison of Shinsung Delta Tech Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Shinsung Delta Tech 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.

Shinsung Delta Tech Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Shinsung Delta Tech 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.

Shinsung Delta Tech 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
=	( (163111.378	+	148476.027)	/	2 )	/	833704.099	*	365
=	155793.7025					/	833704.099	*	365
=	68.21

Shinsung Delta Tech 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
=	( (179923.36	+	148476.027)	/	2 )	/	186030.534	*	365 / 4
=	164199.6935					/	186030.534	*	365 / 4
=	80.54

Shinsung Delta Tech Co (XKRX:065350) Days Sales Outstanding Explanation

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

Shinsung Delta Tech Co Days Sales Outstanding Related Terms

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Shinsung Delta Tech Co (XKRX:065350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shinsung Delta Tech Co Ltd (XKRX:065350) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

44-10, Ungnam-Dong, Seongsan-Gu, Changwon-si, Gyeongnam, KOR, 641-290

Website

http://www.ssdelta.co.kr

Shinsung Delta Tech Co Ltd is a South Korea based company engages in the production and supply of electrical products. It is a manufacturer of home appliance, automobile components, mobile modules, and LCD part.

Shinsung Delta Tech Co (XKRX:065350) Headlines

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