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Korea Cast Iron Pipe Co (XKRX:000970) Days Sales Outstanding : 30.64 (As of Dec. 2023)


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What is Korea Cast Iron Pipe Co Days Sales Outstanding?

Korea Cast Iron Pipe Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩43,772 Mil. Korea Cast Iron Pipe Co's Revenue for the three months ended in Dec. 2023 was ₩130,360 Mil. Hence, Korea Cast Iron Pipe Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.64.

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

XKRX:000970' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.35   Med: 38.46   Max: 41.83
Current: 34.8

During the past 13 years, Korea Cast Iron Pipe Co's highest Days Sales Outstanding was 41.83. The lowest was 33.35. And the median was 38.46.

XKRX:000970's Days Sales Outstanding is ranked better than
66.5% of 600 companies
in the Steel industry
Industry Median: 49.915 vs XKRX:000970: 34.80

Korea Cast Iron Pipe Co's Days Sales Outstanding declined from Dec. 2022 (32.88) to Dec. 2023 (30.64).


Korea Cast Iron Pipe Co Days Sales Outstanding Historical Data

The historical data trend for Korea Cast Iron Pipe 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.

Korea Cast Iron Pipe Co Days Sales Outstanding Chart

Korea Cast Iron Pipe Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.77 41.83 38.91 33.35 34.95

Korea Cast Iron Pipe Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.88 41.03 32.05 37.47 30.64

Competitive Comparison of Korea Cast Iron Pipe Co's Days Sales Outstanding

For the Steel subindustry, Korea Cast Iron Pipe 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.


Korea Cast Iron Pipe Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Korea Cast Iron Pipe Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Korea Cast Iron Pipe Co's Days Sales Outstanding falls into.



Korea Cast Iron Pipe 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.

Korea Cast Iron Pipe Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (48641.574 + 44092.6) / 2 ) / 484291.226*365
=46367.087 / 484291.226*365
=34.95

Korea Cast Iron Pipe Co'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
=( (44885.985 + 42658.13) / 2 ) / 130360.377*365 / 4
=43772.0575 / 130360.377*365 / 4
=30.64

* 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.


Korea Cast Iron Pipe Co  (XKRX:000970) Days Sales Outstanding Explanation

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


Korea Cast Iron Pipe Co Days Sales Outstanding Related Terms

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Korea Cast Iron Pipe Co (XKRX:000970) Business Description

Traded in Other Exchanges
N/A
Address
370-19, Shinpyung-dong, Saha-gu, Busan, KOR, 604-030
Korea Cast Iron Pipe Co Ltd is engaged in manufacturing of cast iron pipes, mild steel pipes, and valves used in providing water services.

Korea Cast Iron Pipe Co (XKRX:000970) Headlines

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