Thira-Utech Co (XKRX:322180) Days Sales Outstanding : 61.70 (As of Sep. 2024)

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What is Thira-Utech Co Days Sales Outstanding?

Thira-Utech Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₩8,565 Mil. Thira-Utech Co's Revenue for the three months ended in Sep. 2024 was ₩12,668 Mil. Hence, Thira-Utech Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 61.70.

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

XKRX:322180' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.34 Med: 43.31 Max: 54.46
Current: 54.25

During the past 7 years, Thira-Utech Co's highest Days Sales Outstanding was 54.46. The lowest was 35.34. And the median was 43.31.

XKRX:322180's Days Sales Outstanding is ranked better than
58.24% of 2718 companies
in the Software industry
Industry Median: 61.355 vs XKRX:322180: 54.25

Thira-Utech Co's Days Sales Outstanding increased from Sep. 2023 (42.54) to Sep. 2024 (61.70).

Thira-Utech Co Days Sales Outstanding Historical Data

The historical data trend for Thira-Utech 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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Thira-Utech Co Days Sales Outstanding Chart

Thira-Utech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.31

42.98

50.28

54.46

40.62

Thira-Utech 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															42.54	48.35	52.93	57.26	61.70

Competitive Comparison of Thira-Utech Co's Days Sales Outstanding

For the Software - Application subindustry, Thira-Utech 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.

Thira-Utech Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Thira-Utech Co's Days Sales Outstanding distribution charts can be found below:

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

Thira-Utech 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.

Thira-Utech 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
=	( (4642.447	+	7455.446)	/	2 )	/	54359.307	*	365
=	6048.9465					/	54359.307	*	365
=	40.62

Thira-Utech 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
=	( (9437.88	+	7692.732)	/	2 )	/	12668.201	*	365 / 4
=	8565.306					/	12668.201	*	365 / 4
=	61.70

Thira-Utech Co (XKRX:322180) Days Sales Outstanding Explanation

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

Thira-Utech Co Days Sales Outstanding Related Terms

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Thira-Utech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thira-Utech Co Ltd (XKRX:322180) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

7th Floor, CK Building, 7 Hakdong-ro 5-gil, Gangnam-gu, Seoul, KOR, 06044

Website

http://www.thirautech.com

Thira-Utech Co Ltd is a provider of smart factory solutions. It provides solutions to various industries.

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