Shinwha Intertek (XKRX:056700) Days Sales Outstanding : 54.15 (As of Dec. 2023)

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What is Shinwha Intertek Days Sales Outstanding?

Shinwha Intertek's average Accounts Receivable for the three months ended in Dec. 2023 was ₩27,187 Mil. Shinwha Intertek's Revenue for the three months ended in Dec. 2023 was ₩45,813 Mil. Hence, Shinwha Intertek's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.15.

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

XKRX:056700' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.46 Med: 42.11 Max: 59.91
Current: 46.59

During the past 13 years, Shinwha Intertek's highest Days Sales Outstanding was 59.91. The lowest was 33.46. And the median was 42.11.

XKRX:056700's Days Sales Outstanding is ranked better than
71.41% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs XKRX:056700: 46.59

Shinwha Intertek's Days Sales Outstanding increased from Dec. 2022 (41.52) to Dec. 2023 (54.15).

Shinwha Intertek Days Sales Outstanding Historical Data

The historical data trend for Shinwha Intertek'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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Shinwha Intertek Days Sales Outstanding Chart

Shinwha Intertek Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.46

36.38

36.16

38.95

39.63

Shinwha Intertek 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															41.52	44.85	47.50	46.58	54.15

Competitive Comparison of Shinwha Intertek's Days Sales Outstanding

For the Specialty Chemicals subindustry, Shinwha Intertek'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.

Shinwha Intertek's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Shinwha Intertek's Days Sales Outstanding falls into.

Shinwha Intertek 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.

Shinwha Intertek'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
=	( (19932.029	+	18598.455)	/	2 )	/	177452.862	*	365
=	19265.242					/	177452.862	*	365
=	39.63

Shinwha Intertek'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
=	( (35775.322	+	18598.455)	/	2 )	/	45812.571	*	365 / 4
=	27186.8885					/	45812.571	*	365 / 4
=	54.15

Shinwha Intertek (XKRX:056700) Days Sales Outstanding Explanation

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

Shinwha Intertek Days Sales Outstanding Related Terms

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Shinwha Intertek (XKRX:056700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shinwha Intertek Corp (XKRX:056700) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

308, Seongbong-ro, Byeongcheon-myeon, Dongnam-gu, Cheonan, KOR

Website

http://www.shinwha.com

Shinwha Intertek Corp operates in the specialty chemicals industry in South Korea. The provides solutions like optical film for smart sheet, prism sheet, micro lens sheet, and reflector sheet, and diffusor sheet.

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