Hankook Tire & Technology Co (XKRX:161390) Days Sales Outstanding : 73.81 (As of Dec. 2023)

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What is Hankook Tire & Technology Co Days Sales Outstanding?

Hankook Tire & Technology Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩1,805,358 Mil. Hankook Tire & Technology Co's Revenue for the three months ended in Dec. 2023 was ₩2,232,030 Mil. Hence, Hankook Tire & Technology Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.81.

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

XKRX:161390' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.75 Med: 64.83 Max: 71.55
Current: 71.55

During the past 12 years, Hankook Tire & Technology Co's highest Days Sales Outstanding was 71.55. The lowest was 56.75. And the median was 64.83.

XKRX:161390's Days Sales Outstanding is ranked worse than
63.36% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 59.96 vs XKRX:161390: 71.55

Hankook Tire & Technology Co's Days Sales Outstanding increased from Dec. 2022 (72.74) to Dec. 2023 (73.81).

Hankook Tire & Technology Co Days Sales Outstanding Historical Data

The historical data trend for Hankook Tire & Technology 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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Hankook Tire & Technology Co Days Sales Outstanding Chart

Hankook Tire & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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65.83

69.80

66.61

65.63

66.88

Hankook Tire & Technology 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															72.74	72.89	71.12	73.08	73.81

Competitive Comparison of Hankook Tire & Technology Co's Days Sales Outstanding

For the Auto Parts subindustry, Hankook Tire & Technology 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.

Hankook Tire & Technology Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Hankook Tire & Technology Co's Days Sales Outstanding falls into.

Hankook Tire & Technology 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.

Hankook Tire & Technology 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
=	( (1623344.006	+	1652672.423)	/	2 )	/	8939621.476	*	365
=	1638008.2145					/	8939621.476	*	365
=	66.88

Hankook Tire & Technology 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
=	( (1958044.531	+	1652672.423)	/	2 )	/	2232029.864	*	365 / 4
=	1805358.477					/	2232029.864	*	365 / 4
=	73.81

Hankook Tire & Technology Co (XKRX:161390) Days Sales Outstanding Explanation

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

Hankook Tire & Technology Co Days Sales Outstanding Related Terms

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Hankook Tire & Technology Co (XKRX:161390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hankook Tire & Technology Co Ltd (XKRX:161390) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

133 Teheran-ro, Gangnam-Gu, Seoul, KOR

Website

https://www.hankooktire.com

Hankook Tire & Technology Co Ltd is a manufacturer of rubber automotive tires. The company produces and sells automotive tires under the Hankook, Laufenn, Aurora, and Kingstar brands. The tires are used on passenger cars, sport utility vehicles, vans, transporters, trucks, and busses. The firm's largest end markets by tire sales are Europe, the Americas, and China.

Hankook Tire & Technology Co (XKRX:161390) Headlines

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