Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Days Sales Outstanding : 113.40 (As of Mar. 2024)

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What is Corporacion de Ferias y Exposiciones Days Sales Outstanding?

Corporacion de Ferias y Exposiciones's average Accounts Receivable for the three months ended in Mar. 2024 was COP22,823 Mil. Corporacion de Ferias y Exposiciones's Revenue for the three months ended in Mar. 2024 was COP18,365 Mil. Hence, Corporacion de Ferias y Exposiciones's Days Sales Outstanding for the three months ended in Mar. 2024 was 113.40.

The historical rank and industry rank for Corporacion de Ferias y Exposiciones's Days Sales Outstanding or its related term are showing as below:

BOG:CORFERIAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.44 Med: 34.12 Max: 263.79
Current: 29.57

During the past 13 years, Corporacion de Ferias y Exposiciones's highest Days Sales Outstanding was 263.79. The lowest was 25.44. And the median was 34.12.

BOG:CORFERIAS's Days Sales Outstanding is ranked better than
85.43% of 1043 companies
in the Business Services industry
Industry Median: 58.62 vs BOG:CORFERIAS: 29.57

Corporacion de Ferias y Exposiciones's Days Sales Outstanding increased from Mar. 2023 (81.98) to Mar. 2024 (113.40).

Corporacion de Ferias y Exposiciones Days Sales Outstanding Historical Data

The historical data trend for Corporacion de Ferias y Exposiciones'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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Corporacion de Ferias y Exposiciones Days Sales Outstanding Chart

Corporacion de Ferias y Exposiciones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.10

263.79

51.73

37.01

31.34

Corporacion de Ferias y Exposiciones Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															81.98	27.20	26.44	21.89	113.40

Competitive Comparison of Corporacion de Ferias y Exposiciones's Days Sales Outstanding

For the Specialty Business Services subindustry, Corporacion de Ferias y Exposiciones'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.

Corporacion de Ferias y Exposiciones's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Corporacion de Ferias y Exposiciones's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Corporacion de Ferias y Exposiciones's Days Sales Outstanding falls into.

Corporacion de Ferias y Exposiciones 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.

Corporacion de Ferias y Exposiciones'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
=	( (19396.627	+	26106.77)	/	2 )	/	264949.733	*	365
=	22751.6985					/	264949.733	*	365
=	31.34

Corporacion de Ferias y Exposiciones'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
=	( (26106.77	+	19539.399)	/	2 )	/	18364.758	*	365 / 4
=	22823.0845					/	18364.758	*	365 / 4
=	113.40

Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Days Sales Outstanding Explanation

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

Corporacion de Ferias y Exposiciones Days Sales Outstanding Related Terms

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Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Corporacion de Ferias y Exposiciones SA (BOG:CORFERIAS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carrera 37, No. 24-67, Bogota, COL

Website

http://www.corferias.com

Corporacion de Ferias y Exposiciones SA organizes trade fairs, exhibitions and conventions in the Andean Region, Central America, and the Caribbean. The company also provides Banking, Travel, Health, and other services.

Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Headlines

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