Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) Days Sales Outstanding : 19.48 (As of Mar. 2024)

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What is Shun Thai Rubber Gloves Industry PCL Days Sales Outstanding?

Shun Thai Rubber Gloves Industry PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿16.0 Mil. Shun Thai Rubber Gloves Industry PCL's Revenue for the three months ended in Mar. 2024 was ฿75.0 Mil. Hence, Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.48.

The historical rank and industry rank for Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding or its related term are showing as below:

BKK:STHAI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.11 Med: 30.89 Max: 45.65
Current: 24.97

During the past 13 years, Shun Thai Rubber Gloves Industry PCL's highest Days Sales Outstanding was 45.65. The lowest was 12.11. And the median was 30.89.

BKK:STHAI's Days Sales Outstanding is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 65.12 vs BKK:STHAI: 24.97

Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding declined from Mar. 2023 (23.42) to Mar. 2024 (19.48).

Shun Thai Rubber Gloves Industry PCL Days Sales Outstanding Historical Data

The historical data trend for Shun Thai Rubber Gloves Industry PCL'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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Shun Thai Rubber Gloves Industry PCL Days Sales Outstanding Chart

Shun Thai Rubber Gloves Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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35.38

15.53

12.11

20.48

15.33

Shun Thai Rubber Gloves Industry PCL 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															23.42	35.02	19.05	20.63	19.48

Competitive Comparison of Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Shun Thai Rubber Gloves Industry PCL'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.

Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shun Thai Rubber Gloves Industry PCL's Days Sales Outstanding falls into.

Shun Thai Rubber Gloves Industry PCL 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.

Shun Thai Rubber Gloves Industry PCL'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
=	( (19.604	+	12.976)	/	2 )	/	387.8	*	365
=	16.29					/	387.8	*	365
=	15.33

Shun Thai Rubber Gloves Industry PCL'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
=	( (12.976	+	19.05)	/	2 )	/	75.026	*	365 / 4
=	16.013					/	75.026	*	365 / 4
=	19.48

Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) Days Sales Outstanding Explanation

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

Shun Thai Rubber Gloves Industry PCL Days Sales Outstanding Related Terms

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Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1, Promphan Tower 2, Room Number 608, 6th Floor, Soi Lat Phrao 3, Chom Phon, Chatuchak, Bangkok, THA, 10900

Website

https://www.shunthaiglove.com

Shun Thai Rubber Gloves Industry PCL is engaged in the production and distribution of rubber gloves. It manufactures Natural Rubber and Nitrile Butadiene Rubber gloves for applications in both medical and general purpose markets. The company offers powder latex examination gloves, powder free latex examination gloves, latex surgical gloves, clean room gloves, and food processing and general purposed gloves.

Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) Headlines

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