Millcon Steel PCL (BKK:MILL-R) Days Sales Outstanding: 93.78 (As of Sep. 2025) — 92% Above Median

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What is Millcon Steel PCL Days Sales Outstanding?

Millcon Steel PCL BKK:MILL-R Days Sales Outstanding is 93.78 as of Sep. 2025, which is 92% above its 10-year median of 48.72. The stock has 8 warning signs investors should review. Among 604 Steel companies, Millcon Steel PCL ranks worse than 96.85% on this metric.

Millcon Steel PCL's average Accounts Receivable for the three months ended in Sep. 2025 was ฿1,024 Mil. Millcon Steel PCL's Revenue for the three months ended in Sep. 2025 was ฿996 Mil. Hence, Millcon Steel PCL's Days Sales Outstanding for the three months ended in Sep. 2025 was 93.78.

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

BKK:MILL-R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.31   Med: 48.72   Max: 210.52
Current: 210.52

During the past 13 years, Millcon Steel PCL's highest Days Sales Outstanding was 210.52. The lowest was 30.31. And the median was 48.72.

BKK:MILL-R's Days Sales Outstanding is ranked worse than
96.85% of 604 companies
in the Steel industry
Industry Median: 51.105 vs BKK:MILL-R: 210.52

Millcon Steel PCL's Days Sales Outstanding declined from Jun. 2024 (407.91) to Sep. 2025 (93.78).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Millcon Steel PCL  (BKK:MILL-R) Days Sales Outstanding Explanation

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


Millcon Steel PCL Days Sales Outstanding Related Terms


Millcon Steel PCL Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Millcon Steel PCL'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.

Millcon Steel PCL Days Sales Outstanding Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.93 69.23 32.28 44.38 76.88

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 407.91 471.02 667.85 121.41 93.78

BKK:MILL-R vs NUE, STLD, RS: Days Sales Outstanding Comparison

For the Steel subindustry, Millcon Steel PCL'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.


Millcon Steel PCL Days Sales Outstanding vs Steel Industry

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

* The bar in red indicates where Millcon Steel PCL's Days Sales Outstanding falls into.



Millcon Steel PCL 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.

Millcon Steel PCL'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
=( (3244.899 + 4747.303) / 2 ) / 18972.573*365
=3996.101 / 18972.573*365
=76.88

Millcon Steel PCL's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding (Q: Sep. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Sep. 2025 )) / count ) / Revenue (A: Sep. 2025 )*Days in Period
=( (924.61 + 1122.499) / 2 ) / 995.914*365 / 4
=1023.5545 / 995.914*365 / 4
=93.78

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 93.78 mean?
Millcon Steel PCL (BKK:MILL-R) has a Days Sales Outstanding of 93.78 as of Sep. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Millcon Steel PCL and its competitors. This is 92% above median its historical median of 48.72. Over the past decade, Millcon Steel PCL's Days Sales Outstanding has ranged from 30.31 to 210.52. According to the industry distribution chart, Millcon Steel PCL ranks #585 out of 604 companies in the Steel industry, placing it in the top 96.9%.
Is Millcon Steel PCL's Days Sales Outstanding too high?
Millcon Steel PCL's current Days Sales Outstanding of 93.78 is 92% above median its 10-year median of 48.72. Over the past 10 years, this metric has ranged from a low of 30.31 to a high of 210.52. The Steel industry median Days Sales Outstanding is 51.11. Millcon Steel PCL's value of 93.78 is 83.5% above this industry median. Based on the distribution chart, Millcon Steel PCL ranks #585 out of 604 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Days Sales Outstanding compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #585 out of 604 companies for Days Sales Outstanding. This places Millcon Steel PCL in the lower half of its industry. The industry median Days Sales Outstanding is 51.11. Millcon Steel PCL's value of 93.78 is 83.5% above this benchmark. Historically, Millcon Steel PCL's own Days Sales Outstanding has ranged from 30.31 to 210.52 over the past decade. While the company's 10-year median is 48.72 vs. the industry median of 51.11, Millcon Steel PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Steel company?
The median Days Sales Outstanding among Steel companies is 51.11, based on 604 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millcon Steel PCL's current Days Sales Outstanding of 93.78 is 83.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Millcon Steel PCL and its competitors. For the Steel industry, the median Days Sales Outstanding is 51.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current Days Sales Outstanding is 93.78, which is 92% above median its own 10-year median of 48.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Days Sales Outstanding of 93.78. The current Days Sales Outstanding is 93.78, which is 92% above median its 10-year median of 48.72 and 83.5% above the Steel industry median of 51.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Millcon Steel PCL (BKK:MILL-R), the current Days Sales Outstanding is 93.78 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.