IREM Co (XKRX:009730) Days Sales Outstanding : 41.33 (As of Dec. 2023)

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What is IREM Co Days Sales Outstanding?

IREM Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₩9,006 Mil. IREM Co's Revenue for the three months ended in Dec. 2023 was ₩19,881 Mil. Hence, IREM Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.33.

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

XKRX:009730' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.87 Med: 83.53 Max: 93.61
Current: 40.38

During the past 13 years, IREM Co's highest Days Sales Outstanding was 93.61. The lowest was 35.87. And the median was 83.53.

XKRX:009730's Days Sales Outstanding is ranked better than
58.5% of 600 companies
in the Steel industry
Industry Median: 49.315 vs XKRX:009730: 40.38

IREM Co's Days Sales Outstanding increased from Dec. 2022 (36.63) to Dec. 2023 (41.33).

IREM Co Days Sales Outstanding Historical Data

The historical data trend for IREM 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.

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IREM Co Days Sales Outstanding Chart

IREM Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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75.21

93.61

50.49

35.87

38.21

IREM Co 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															36.63	36.82	40.80	44.92	41.33

Competitive Comparison of IREM Co's Days Sales Outstanding

For the Steel subindustry, IREM 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.

IREM Co's Days Sales Outstanding Distribution in the Steel Industry

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

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

IREM 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.

IREM 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
=	( (7319.283	+	8754.523)	/	2 )	/	76780.299	*	365
=	8036.903					/	76780.299	*	365
=	38.21

IREM 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
=	( (9256.501	+	8754.523)	/	2 )	/	19881.205	*	365 / 4
=	9005.512					/	19881.205	*	365 / 4
=	41.33

IREM Co (XKRX:009730) Days Sales Outstanding Explanation

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

IREM Co Days Sales Outstanding Related Terms

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IREM Co (XKRX:009730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » IREM Co Ltd (XKRX:009730) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1116 Yeok-ri, Haengan-Myeon, Buan-gun, Jeollabuk-do, KOR, 158-093

Website

http://www.kossen.co.kr

Kossen Co Ltd operates in the steel industry in South Korea. The company is engaged in manufacturing of steel pipes and tubes. The other businesses of the company are natural gas vehicle business and new renewable energy business.

IREM Co (XKRX:009730) Headlines

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