Shinil Electronics (XKRX:002700) Days Sales Outstanding : 80.22 (As of Mar. 2024)

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What is Shinil Electronics Days Sales Outstanding?

Shinil Electronics's average Accounts Receivable for the three months ended in Mar. 2024 was ₩25,714 Mil. Shinil Electronics's Revenue for the three months ended in Mar. 2024 was ₩29,251 Mil. Hence, Shinil Electronics's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.22.

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

XKRX:002700' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.63 Med: 51.99 Max: 76.19
Current: 57.17

During the past 13 years, Shinil Electronics's highest Days Sales Outstanding was 76.19. The lowest was 35.63. And the median was 51.99.

XKRX:002700's Days Sales Outstanding is ranked worse than
55.82% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.04 vs XKRX:002700: 57.17

Shinil Electronics's Days Sales Outstanding declined from Mar. 2023 (93.65) to Mar. 2024 (80.22).

Shinil Electronics Days Sales Outstanding Historical Data

The historical data trend for Shinil Electronics'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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Shinil Electronics Days Sales Outstanding Chart

Shinil Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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47.77

37.52

35.63

46.32

56.21

Shinil Electronics 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															93.65	50.50	68.07	47.64	80.22

Competitive Comparison of Shinil Electronics's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Shinil Electronics'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.

Shinil Electronics's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shinil Electronics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shinil Electronics's Days Sales Outstanding falls into.

Shinil Electronics 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.

Shinil Electronics'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
=	( (29848.697	+	26911.262)	/	2 )	/	184299.576	*	365
=	28379.9795					/	184299.576	*	365
=	56.21

Shinil Electronics'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
=	( (26911.262	+	24517.534)	/	2 )	/	29250.779	*	365 / 4
=	25714.398					/	29250.779	*	365 / 4
=	80.22

Shinil Electronics (XKRX:002700) Days Sales Outstanding Explanation

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

Shinil Electronics Days Sales Outstanding Related Terms

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Shinil Electronics (XKRX:002700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shinil Electronics (XKRX:002700) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

308, Yeongok-gil, Ipjang-myeon, Seobuk-gu, Cheonan-si, Chungcheong-do, Cheonan-si, KOR

Website

http://www.shinil.co.kr

Shinil Electronics, formerly Shinil Industrial Co Ltd is a South Korea based company engages in the manufacturing of household electronic appliances. It manufactures electric fan, heaters, rice cooker, iron, and vacuum cleaner.

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