Hitejinro Co (Hitejinro Co) Days Sales Outstanding : 54.68 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Hitejinro Co Days Sales Outstanding?

Hitejinro Co's average Accounts Receivable for the three months ended in Mar. 2024 was $279.50 Mil. Hitejinro Co's Revenue for the three months ended in Mar. 2024 was $466.44 Mil. Hence, Hitejinro Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.68.

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

JNROF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.96 Med: 84.6 Max: 100.23
Current: 52.67

During the past 13 years, Hitejinro Co's highest Days Sales Outstanding was 100.23. The lowest was 53.96. And the median was 84.60.

JNROF's Days Sales Outstanding is ranked worse than
60.85% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 42.185 vs JNROF: 52.67

Hitejinro Co's Days Sales Outstanding increased from Mar. 2023 (53.73) to Mar. 2024 (54.68).

Hitejinro Co Days Sales Outstanding Historical Data

The historical data trend for Hitejinro 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.

* Premium members only.

Hitejinro Co Days Sales Outstanding Chart

Hitejinro Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

76.40

55.88

59.35

56.30

56.12

Hitejinro Co 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															53.73	47.16	55.15	58.67	54.68

Competitive Comparison of Hitejinro Co's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, Hitejinro 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.

Hitejinro Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hitejinro Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hitejinro Co's Days Sales Outstanding falls into.

Hitejinro 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.

Hitejinro 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
=	( (303.922	+	290.157)	/	2 )	/	1932.07	*	365
=	297.0395					/	1932.07	*	365
=	56.12

Hitejinro Co'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
=	( (290.157	+	268.851)	/	2 )	/	466.442	*	365 / 4
=	279.504					/	466.442	*	365 / 4
=	54.68

Hitejinro Co (OTCPK:JNROF) Days Sales Outstanding Explanation

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

Hitejinro Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Hitejinro Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Hitejinro Co (Hitejinro Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Hitejinro Co Ltd (OTCPK:JNROF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

000087:Korea 000080:Korea

Address

132-12, Cheongdam-Dong, Gangnam-Gu, Seoul, KOR, 135-957

Website

http://www.hitejinro.com

HITE JINRO CO., LTD. is engaged in alcoholic beverage business. The JINRO Co, a maker of Soju, was acquired by HITE Co, a maker of Beer, in 2005 and merged in 2011. The company accounts for almost half of Soju market in Korea.

Hitejinro Co (Hitejinro Co) Headlines

No Headlines