NewFlex Technology Co (XKRX:085670) Days Sales Outstanding : 69.25 (As of Mar. 2024)

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What is NewFlex Technology Co Days Sales Outstanding?

NewFlex Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩38,656 Mil. NewFlex Technology Co's Revenue for the three months ended in Mar. 2024 was ₩50,939 Mil. Hence, NewFlex Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.25.

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

XKRX:085670' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.65 Med: 54.58 Max: 70.02
Current: 64.76

During the past 13 years, NewFlex Technology Co's highest Days Sales Outstanding was 70.02. The lowest was 37.65. And the median was 54.58.

XKRX:085670's Days Sales Outstanding is ranked better than
61.18% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs XKRX:085670: 64.76

NewFlex Technology Co's Days Sales Outstanding increased from Mar. 2023 (59.03) to Mar. 2024 (69.25).

NewFlex Technology Co Days Sales Outstanding Historical Data

The historical data trend for NewFlex Technology 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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NewFlex Technology Co Days Sales Outstanding Chart

NewFlex Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.95

48.33

65.31

52.29

70.02

NewFlex Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															59.03	70.15	56.53	65.80	69.25

Competitive Comparison of NewFlex Technology Co's Days Sales Outstanding

For the Electronic Components subindustry, NewFlex Technology 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.

NewFlex Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NewFlex Technology Co's Days Sales Outstanding distribution charts can be found below:

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

NewFlex Technology 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.

NewFlex Technology 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
=	( (36200.097	+	38655.604)	/	2 )	/	195106.48	*	365
=	37427.8505					/	195106.48	*	365
=	70.02

NewFlex Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (38655.604	+	0)	/	1 )	/	50938.619	*	365 / 4
=	38655.604					/	50938.619	*	365 / 4
=	69.25

NewFlex Technology Co (XKRX:085670) Days Sales Outstanding Explanation

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

NewFlex Technology Co Days Sales Outstanding Related Terms

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NewFlex Technology Co (XKRX:085670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NewFlex Technology Co Ltd (XKRX:085670) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

603-4 Banwoul Industry Complex, 1055 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839

Website

http://www.newflex.co.kr

NewFlex Technology Co Ltd is involved in manufacturing and selling flexible printed circuit boards products in South Korea. The company offers single side, double side, multi-layer, rigid, and build-up and IVH flexible printed circuit boards, as well as metal, printed circuit boards. Its products are primarily used in mobile, LED, and IT parts.

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