World Flex PCL (BKK:WFX) Days Sales Outstanding : 32.33 (As of Mar. 2024)

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What is World Flex PCL Days Sales Outstanding?

World Flex PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿273 Mil. World Flex PCL's Revenue for the three months ended in Mar. 2024 was ฿771 Mil. Hence, World Flex PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.33.

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

BKK:WFX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.28 Med: 33 Max: 43.63
Current: 30.2

During the past 5 years, World Flex PCL's highest Days Sales Outstanding was 43.63. The lowest was 23.28. And the median was 33.00.

BKK:WFX's Days Sales Outstanding is ranked better than
78.16% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs BKK:WFX: 30.20

World Flex PCL's Days Sales Outstanding declined from Mar. 2023 (36.55) to Mar. 2024 (32.33).

World Flex PCL Days Sales Outstanding Historical Data

The historical data trend for World Flex 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.

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World Flex PCL Days Sales Outstanding Chart

World Flex PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

43.63

33.00

23.28

29.98

40.18

World Flex PCL Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											36.55	28.86	27.28	31.87	32.33

Competitive Comparison of World Flex PCL's Days Sales Outstanding

For the Textile Manufacturing subindustry, World Flex 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.

World Flex PCL's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, World Flex PCL's Days Sales Outstanding distribution charts can be found below:

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

World Flex 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.

World Flex 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
=	( (313.219	+	290.873)	/	2 )	/	2743.514	*	365
=	302.046					/	2743.514	*	365
=	40.18

World Flex PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (290.873	+	255.154)	/	2 )	/	770.601	*	365 / 4
=	273.0135					/	770.601	*	365 / 4
=	32.33

World Flex PCL (BKK:WFX) Days Sales Outstanding Explanation

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

World Flex PCL Days Sales Outstanding Related Terms

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World Flex PCL (BKK:WFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » World Flex PCL (BKK:WFX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pluakdaeng Road, 59/1 moo 5, Tambol Manam Koo, Amphur Pluakdaeng, Rayong, THA, 10260

Website

https://www.worldflex.net

World Flex PCL is engaged in the manufacturing of high-quality rubber thread. It is engaged in the manufacture and sales of latex thread.

World Flex PCL (BKK:WFX) Headlines

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