PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) Days Sales Outstanding : 65.94 (As of Dec. 2023)

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What is PT Steel Pipe Industry of Indonesia Tbk Days Sales Outstanding?

PT Steel Pipe Industry of Indonesia Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp1,212,463 Mil. PT Steel Pipe Industry of Indonesia Tbk's Revenue for the three months ended in Dec. 2023 was Rp1,677,956 Mil. Hence, PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.94.

The historical rank and industry rank for PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding or its related term are showing as below:

ISX:ISSP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.84 Med: 66.72 Max: 91.04
Current: 67.66

During the past 12 years, PT Steel Pipe Industry of Indonesia Tbk's highest Days Sales Outstanding was 91.04. The lowest was 54.84. And the median was 66.72.

ISX:ISSP's Days Sales Outstanding is ranked worse than
68.45% of 599 companies
in the Steel industry
Industry Median: 50.01 vs ISX:ISSP: 67.66

PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding declined from Dec. 2022 (77.98) to Dec. 2023 (65.94).

PT Steel Pipe Industry of Indonesia Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Steel Pipe Industry of Indonesia Tbk'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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PT Steel Pipe Industry of Indonesia Tbk Days Sales Outstanding Chart

PT Steel Pipe Industry of Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.84

79.61

63.38

63.58

64.87

PT Steel Pipe Industry of Indonesia Tbk 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															77.98	64.55	80.42	64.94	65.94

Competitive Comparison of PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding

For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk'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.

PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Steel Pipe Industry of Indonesia Tbk's Days Sales Outstanding falls into.

PT Steel Pipe Industry of Indonesia Tbk 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.

PT Steel Pipe Industry of Indonesia Tbk'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
=	( (1159861	+	1134793)	/	2 )	/	6455329	*	365
=	1147327					/	6455329	*	365
=	64.87

PT Steel Pipe Industry of Indonesia Tbk'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
=	( (1290132	+	1134793)	/	2 )	/	1677956	*	365 / 4
=	1212462.5					/	1677956	*	365 / 4
=	65.94

PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) Days Sales Outstanding Explanation

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

PT Steel Pipe Industry of Indonesia Tbk Days Sales Outstanding Related Terms

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PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

S08:Germany

Address

Jalan Kalibutuh No. 189-191, East Java, Surabaya, IDN, 60173

Website

https://www.spindo.com

PT Steel Pipe Industry of Indonesia Tbk is an Indonesia-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes as well as industrial and ornament stainless steel pipes. The segments of the company are Steel Pipe Mill; Spiral Steel Pipe Mill, Strips and Plate and Services, and others. The company's products are used for furniture, water supply system, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically all operations functioned through the regions of Indonesia.

PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) Headlines

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