Philippine Racing Club (PHS:PRC) Days Sales Outstanding : 746.07 (As of Mar. 2024)

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What is Philippine Racing Club Days Sales Outstanding?

Philippine Racing Club's average Accounts Receivable for the three months ended in Mar. 2024 was ₱152.6 Mil. Philippine Racing Club's Revenue for the three months ended in Mar. 2024 was ₱18.7 Mil. Hence, Philippine Racing Club's Days Sales Outstanding for the three months ended in Mar. 2024 was 746.07.

The historical rank and industry rank for Philippine Racing Club's Days Sales Outstanding or its related term are showing as below:

PHS:PRC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.66 Med: 141.05 Max: 1066.92
Current: 110.29

During the past 13 years, Philippine Racing Club's highest Days Sales Outstanding was 1066.92. The lowest was 43.66. And the median was 141.05.

PHS:PRC's Days Sales Outstanding is ranked worse than
77.54% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs PHS:PRC: 110.29

Philippine Racing Club's Days Sales Outstanding increased from Mar. 2023 (458.65) to Mar. 2024 (746.07).

Philippine Racing Club Days Sales Outstanding Historical Data

The historical data trend for Philippine Racing Club'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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Philippine Racing Club Days Sales Outstanding Chart

Philippine Racing Club Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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255.54

1,066.92

465.31

336.05

154.01

Philippine Racing Club 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															458.65	287.15	17.87	-	746.07

Competitive Comparison of Philippine Racing Club's Days Sales Outstanding

For the Real Estate - Development subindustry, Philippine Racing Club'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.

Philippine Racing Club's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Racing Club's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Philippine Racing Club's Days Sales Outstanding falls into.

Philippine Racing Club 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.

Philippine Racing Club'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
=	( (202.053	+	147.089)	/	2 )	/	413.728	*	365
=	174.571					/	413.728	*	365
=	154.01

Philippine Racing Club'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
=	( (147.089	+	158.208)	/	2 )	/	18.67	*	365 / 4
=	152.6485					/	18.67	*	365 / 4
=	746.07

Philippine Racing Club (PHS:PRC) Days Sales Outstanding Explanation

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

Philippine Racing Club Days Sales Outstanding Related Terms

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Philippine Racing Club (PHS:PRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Racing Club Inc (PHS:PRC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 1207

Website

http://www.prci.com.ph

Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational and memorial parks and owning, operating, managing and/or selling real estate. The company's reportable segment involves Real Estate Operations, Club Racing Operations, and Leasing and Sale of Food, beverages, and Services. It derives key revenue from the real estate sales activity.

Philippine Racing Club (PHS:PRC) Headlines

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