Kumho Tire Co (LSE:KHTC) Days Sales Outstanding : 71.31 (As of Dec. 2023)

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What is Kumho Tire Co Days Sales Outstanding?

Kumho Tire Co's average Accounts Receivable for the three months ended in Dec. 2023 was $636 Mil. Kumho Tire Co's Revenue for the three months ended in Dec. 2023 was $813 Mil. Hence, Kumho Tire Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.31.

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

LSE:KHTC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.58 Med: 71.1 Max: 85.33
Current: 71.8

During the past 13 years, Kumho Tire Co's highest Days Sales Outstanding was 85.33. The lowest was 60.58. And the median was 71.10.

LSE:KHTC's Days Sales Outstanding is ranked worse than
63.29% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 60.675 vs LSE:KHTC: 71.80

Kumho Tire Co's Days Sales Outstanding increased from Dec. 2022 (69.35) to Dec. 2023 (71.31).

Kumho Tire Co Days Sales Outstanding Historical Data

The historical data trend for Kumho Tire 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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Kumho Tire Co Days Sales Outstanding Chart

Kumho Tire Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.82

71.03

72.85

63.16

65.48

Kumho Tire Co 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															69.35	66.44	75.16	81.40	71.31

Competitive Comparison of Kumho Tire Co's Days Sales Outstanding

For the Auto Parts subindustry, Kumho Tire 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.

Kumho Tire Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kumho Tire Co's Days Sales Outstanding distribution charts can be found below:

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

Kumho Tire 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.

Kumho Tire 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
=	( (493.285	+	618.443)	/	2 )	/	3098.305	*	365
=	555.864					/	3098.305	*	365
=	65.48

Kumho Tire 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (652.658	+	618.443)	/	2 )	/	813.307	*	365 / 4
=	635.5505					/	813.307	*	365 / 4
=	71.31

Kumho Tire Co (LSE:KHTC) Days Sales Outstanding Explanation

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

Kumho Tire Co Days Sales Outstanding Related Terms

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Kumho Tire Co (LSE:KHTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kumho Tire Co Inc (LSE:KHTC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

073240:Korea

Address

Kumho Asiana Main Building, 115 Sinmunro 1-Ga, Jongno-Gu, Seoul, KOR

Website

http://www.kumhotire.co.kr

Kumho Tire Co Inc is a global tire company originally from South Korea. The company offers car tires, light truck and SUV tires, competition racing tires, and medium commercial truck tires. The company has manufacturing facilities and plants in South Korea, China, Vietnam, and the United States.

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