BI Matrix Co (XKRX:413640) Days Sales Outstanding : 83.72 (As of Jun. 2024)

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What is BI Matrix Co Days Sales Outstanding?

BI Matrix Co's average Accounts Receivable for the six months ended in Jun. 2024 was ₩5,788 Mil. BI Matrix Co's Revenue for the six months ended in Jun. 2024 was ₩12,618 Mil. Hence, BI Matrix Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 83.72.

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

XKRX:413640' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.45 Med: 72.69 Max: 75.31
Current: 67.97

During the past 4 years, BI Matrix Co's highest Days Sales Outstanding was 75.31. The lowest was 60.45. And the median was 72.69.

XKRX:413640's Days Sales Outstanding is ranked worse than
56.7% of 2718 companies
in the Software industry
Industry Median: 61.355 vs XKRX:413640: 67.97

BI Matrix Co's Days Sales Outstanding increased from Jun. 2023 (69.65) to Jun. 2024 (83.72).

BI Matrix Co Days Sales Outstanding Historical Data

The historical data trend for BI Matrix 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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BI Matrix Co Days Sales Outstanding Chart

BI Matrix Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

60.45

72.25

73.13

75.31

BI Matrix Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	-	61.80	69.65	53.81	83.72

Competitive Comparison of BI Matrix Co's Days Sales Outstanding

For the Software - Infrastructure subindustry, BI Matrix 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.

BI Matrix Co's Days Sales Outstanding Distribution in the Software Industry

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

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

BI Matrix 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.

BI Matrix 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
=	( (5706.248	+	4963.504)	/	2 )	/	25855.874	*	365
=	5334.876					/	25855.874	*	365
=	75.31

BI Matrix Co'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: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (4963.504	+	6613.392)	/	2 )	/	12617.645	*	365 / 2
=	5788.448					/	12617.645	*	365 / 2
=	83.72

BI Matrix Co (XKRX:413640) Days Sales Outstanding Explanation

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

BI Matrix Co Days Sales Outstanding Related Terms

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BI Matrix Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BI Matrix Co Ltd (XKRX:413640) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

433 Seolleung-ro, 17th floor, Sebang New Building, Gangnam-gu, Seoul, KOR, 06212

Website

https://www.bimatrix.co.kr

BI Matrix Co Ltd is ??an intelligence solution specialist with core technologies in the areas of Artificial Intelligence, Business Intelligence and Collaboration Intelligence, Big Data, Data Mining, and SW Robotics.

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