Lotte Chemical Pakistan (KAR:LOTCHEM) Days Sales Outstanding : 29.12 (As of Mar. 2024)

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What is Lotte Chemical Pakistan Days Sales Outstanding?

Lotte Chemical Pakistan's average Accounts Receivable for the three months ended in Mar. 2024 was ₨10,302 Mil. Lotte Chemical Pakistan's Revenue for the three months ended in Mar. 2024 was ₨32,277 Mil. Hence, Lotte Chemical Pakistan's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.12.

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

KAR:LOTCHEM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.64 Med: 20.22 Max: 36.71
Current: 36.71

During the past 13 years, Lotte Chemical Pakistan's highest Days Sales Outstanding was 36.71. The lowest was 15.64. And the median was 20.22.

KAR:LOTCHEM's Days Sales Outstanding is ranked better than
82.11% of 1526 companies
in the Chemicals industry
Industry Median: 64.005 vs KAR:LOTCHEM: 36.71

Lotte Chemical Pakistan's Days Sales Outstanding declined from Mar. 2023 (42.54) to Mar. 2024 (29.12).

Lotte Chemical Pakistan Days Sales Outstanding Historical Data

The historical data trend for Lotte Chemical Pakistan'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.

* Premium members only.

Lotte Chemical Pakistan Days Sales Outstanding Chart

Lotte Chemical Pakistan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.62

30.16

19.82

20.66

34.75

Lotte Chemical Pakistan 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															42.54	57.58	23.18	31.16	29.12

Competitive Comparison of Lotte Chemical Pakistan's Days Sales Outstanding

For the Specialty Chemicals subindustry, Lotte Chemical Pakistan'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.

Lotte Chemical Pakistan's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical Pakistan's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lotte Chemical Pakistan's Days Sales Outstanding falls into.

Lotte Chemical Pakistan 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.

Lotte Chemical Pakistan'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
=	( (7053.875	+	8486.031)	/	2 )	/	81619.405	*	365
=	7769.953					/	81619.405	*	365
=	34.75

Lotte Chemical Pakistan'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
=	( (8486.031	+	12117.402)	/	2 )	/	32276.924	*	365 / 4
=	10301.7165					/	32276.924	*	365 / 4
=	29.12

Lotte Chemical Pakistan (KAR:LOTCHEM) Days Sales Outstanding Explanation

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

Lotte Chemical Pakistan Days Sales Outstanding Related Terms

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Lotte Chemical Pakistan (KAR:LOTCHEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Pakistan Ltd (KAR:LOTCHEM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

EZ/1/P-4, Eastern Industrial Zone, P.O. Box 723, Port Qasim, Karachi, SD, PAK, 74200

Website

https://www.lottechem.pk

Lotte Chemical Pakistan Ltd is a Pakistan-based manufacturer and supplier of Purified Terephthalic Acid (PTA). The business activity of the firm is operated through the manufacture and sale of chemicals segments. The organization supplies products to the textile, domestic polyester, and polyethylene terephthalate packaging industries.

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