Sungwoo Hitech Co (XKRX:015750) Days Sales Outstanding : 59.71 (As of Sep. 2024)

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What is Sungwoo Hitech Co Days Sales Outstanding?

Sungwoo Hitech Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩690,619 Mil. Sungwoo Hitech Co's Revenue for the three months ended in Sep. 2024 was ₩1,055,353 Mil. Hence, Sungwoo Hitech Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 59.71.

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

XKRX:015750' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.62 Med: 59.37 Max: 66.27
Current: 56.37

During the past 13 years, Sungwoo Hitech Co's highest Days Sales Outstanding was 66.27. The lowest was 52.62. And the median was 59.37.

XKRX:015750's Days Sales Outstanding is ranked better than
54.58% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs XKRX:015750: 56.37

Sungwoo Hitech Co's Days Sales Outstanding increased from Sep. 2023 (57.77) to Sep. 2024 (59.71).

Sungwoo Hitech Co Days Sales Outstanding Historical Data

The historical data trend for Sungwoo Hitech 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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Sungwoo Hitech Co Days Sales Outstanding Chart

Sungwoo Hitech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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59.24

64.07

57.91

52.62

53.93

Sungwoo Hitech Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															57.77	51.53	59.54	55.63	59.71

Competitive Comparison of Sungwoo Hitech Co's Days Sales Outstanding

For the Auto Parts subindustry, Sungwoo Hitech 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.

Sungwoo Hitech Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sungwoo Hitech Co's Days Sales Outstanding distribution charts can be found below:

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

Sungwoo Hitech 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.

Sungwoo Hitech 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
=	( (599238.034	+	677962.675)	/	2 )	/	4321987.309	*	365
=	638600.3545					/	4321987.309	*	365
=	53.93

Sungwoo Hitech Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (691746.745	+	689492.212)	/	2 )	/	1055352.701	*	365 / 4
=	690619.4785					/	1055352.701	*	365 / 4
=	59.71

Sungwoo Hitech Co (XKRX:015750) Days Sales Outstanding Explanation

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

Sungwoo Hitech Co Days Sales Outstanding Related Terms

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Sungwoo Hitech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sungwoo Hitech Co Ltd (XKRX:015750) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

2-9, Nonggong-gil, Jeonggwan-myeon, Gijang-gun, Busan, KOR, 619-731

Website

http://www.swhitech.com

Sungwoo Hitech Co Ltd is a Korea based company engaged in the manufacturing, supply, and distribution of automobile parts and components. It offers products such as bumper rails, side members, fender apron completes, center floor completes, hood assemblies, dash completes, floor panel components, package-tray centers, inner lower, side sills, and others. The business activity of the group is primarily functioned through Korea and it also holds branches in the region of China, India, Germany, Russia, Slovakia, the Czech Republic and Uzbekistan.

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