Chin Yang Chemical (XKRX:051630) Days Sales Outstanding : 35.68 (As of Jun. 2024)

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What is Chin Yang Chemical Days Sales Outstanding?

Chin Yang Chemical's average Accounts Receivable for the three months ended in Jun. 2024 was ₩2,424 Mil. Chin Yang Chemical's Revenue for the three months ended in Jun. 2024 was ₩6,198 Mil. Hence, Chin Yang Chemical's Days Sales Outstanding for the three months ended in Jun. 2024 was 35.68.

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

XKRX:051630' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.13 Med: 45.11 Max: 61.81
Current: 35.13

During the past 13 years, Chin Yang Chemical's highest Days Sales Outstanding was 61.81. The lowest was 35.13. And the median was 45.11.

XKRX:051630's Days Sales Outstanding is ranked better than
82.84% of 1533 companies
in the Chemicals industry
Industry Median: 64.71 vs XKRX:051630: 35.13

Chin Yang Chemical's Days Sales Outstanding increased from Jun. 2023 (32.70) to Jun. 2024 (35.68).

Chin Yang Chemical Days Sales Outstanding Historical Data

The historical data trend for Chin Yang Chemical'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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Chin Yang Chemical Days Sales Outstanding Chart

Chin Yang Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.71

45.99

44.23

40.90

40.85

Chin Yang Chemical Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															32.70	38.56	31.38	35.97	35.68

Competitive Comparison of Chin Yang Chemical's Days Sales Outstanding

For the Chemicals subindustry, Chin Yang Chemical'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.

Chin Yang Chemical's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chin Yang Chemical's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chin Yang Chemical's Days Sales Outstanding falls into.

Chin Yang Chemical 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.

Chin Yang Chemical'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
=	( (3621.409	+	2709.286)	/	2 )	/	28281.408	*	365
=	3165.3475					/	28281.408	*	365
=	40.85

Chin Yang Chemical's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (2649.38	+	2197.733)	/	2 )	/	6197.622	*	365 / 4
=	2423.5565					/	6197.622	*	365 / 4
=	35.68

Chin Yang Chemical (XKRX:051630) Days Sales Outstanding Explanation

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

Chin Yang Chemical Days Sales Outstanding Related Terms

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Chin Yang Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chin Yang Chemical Corp (XKRX:051630) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

300-1 Yeocheondong, Namgu, Ulsan, KOR, 680-090

Website

http://www.chinyang.co.kr

Chin Yang Chemical Corporation is a Korean company engaged in the PVC industry by manufacturing chemical products. The products offered by the company are PVC floor coverings, wallpapers, PVC leathers, PVC tarpaulin, tent sheets and other products. It is also involved in the automobile and electronics business by developing eco-friendly products using TOU/TPO materials.

Chin Yang Chemical Headlines

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