Innovex Co (XKRX:279060) Days Sales Outstanding : 228.88 (As of Dec. 2023)

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What is Innovex Co Days Sales Outstanding?

Innovex Co's average Accounts Receivable for the six months ended in Dec. 2023 was ₩6,049 Mil. Innovex Co's Revenue for the six months ended in Dec. 2023 was ₩9,647 Mil. Hence, Innovex Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 114.44.

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

XKRX:279060' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.82 Med: 127.05 Max: 228.88
Current: 228.88

During the past 5 years, Innovex Co's highest Days Sales Outstanding was 228.88. The lowest was 88.82. And the median was 127.05.

XKRX:279060's Days Sales Outstanding is ranked worse than
91.05% of 1017 companies
in the Media - Diversified industry
Industry Median: 67.87 vs XKRX:279060: 228.88

Innovex Co's Days Sales Outstanding increased from Dec. 2021 (88.82) to Dec. 2023 (228.88).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Innovex Co Days Sales Outstanding Historical Data

The historical data trend for Innovex 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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Innovex Co Days Sales Outstanding Chart

Innovex Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

127.05

120.26

88.82

147.51

228.88

Innovex Co Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Days Sales Outstanding	127.05	120.26	88.82	147.51	228.88

Competitive Comparison of Innovex Co's Days Sales Outstanding

For the Advertising Agencies subindustry, Innovex 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.

Innovex Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovex Co's Days Sales Outstanding distribution charts can be found below:

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

Innovex 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.

Innovex 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
=	( (5753.688	+	6345.276)	/	2 )	/	9647.442	*	365
=	6049.482					/	9647.442	*	365
=	228.88

Innovex 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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5753.688	+	6345.276)	/	2 )	/	9647.442	*	365 / 2
=	6049.482					/	9647.442	*	365 / 2
=	114.44

Innovex Co (XKRX:279060) Days Sales Outstanding Explanation

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

Innovex Co Days Sales Outstanding Related Terms

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Innovex Co (XKRX:279060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovex Co Ltd (XKRX:279060) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Cheongmyeongnam-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 16704

Website

http://www.innovex.co.kr

Innovex Co Ltd is involved in providing technology related solutions for advertising. It provides Tunnel Advertising System which is an imaging system which creates advertisement screens on the dark side of tunnel with LED bars installed on the wall of the tunnel. The company also provides others solutions including Spin TV, Wing TV and DDM.

Innovex Co (XKRX:279060) Headlines

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