Korea Furniture Co (XKRX:004590) Days Sales Outstanding : 61.66 (As of Mar. 2024)

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What is Korea Furniture Co Days Sales Outstanding?

Korea Furniture Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩18,275 Mil. Korea Furniture Co's Revenue for the three months ended in Mar. 2024 was ₩27,046 Mil. Hence, Korea Furniture Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.66.

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

XKRX:004590' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.51 Med: 65.78 Max: 77.06
Current: 51.51

During the past 13 years, Korea Furniture Co's highest Days Sales Outstanding was 77.06. The lowest was 51.51. And the median was 65.78.

XKRX:004590's Days Sales Outstanding is ranked better than
52.49% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.04 vs XKRX:004590: 51.51

Korea Furniture Co's Days Sales Outstanding increased from Mar. 2023 (53.13) to Mar. 2024 (61.66).

Korea Furniture Co Days Sales Outstanding Historical Data

The historical data trend for Korea Furniture 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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Korea Furniture Co Days Sales Outstanding Chart

Korea Furniture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

73.50

65.00

55.84

54.84

59.60

Korea Furniture Co 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															53.13	48.10	51.13	53.22	61.66

Competitive Comparison of Korea Furniture Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Korea Furniture 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.

Korea Furniture Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Korea Furniture 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.

Korea Furniture 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
=	( (15346.673	+	18274.875)	/	2 )	/	102947.09	*	365
=	16810.774					/	102947.09	*	365
=	59.60

Korea Furniture Co'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
=	( (18274.875	+	0)	/	1 )	/	27046.452	*	365 / 4
=	18274.875					/	27046.452	*	365 / 4
=	61.66

Korea Furniture Co (XKRX:004590) Days Sales Outstanding Explanation

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

Korea Furniture Co Days Sales Outstanding Related Terms

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Korea Furniture Co (XKRX:004590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Korea Furniture Co Ltd (XKRX:004590) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

957, Gonghang-Dong, Gangseo-Gu, Seoul, KOR, 157-240

Website

http://www.koreafurniture.co.kr

Korea Furniture Co Ltd operates in the home furnishing and fixtures industry in South Korea. The company is engaged in the manufacturing of furnitures for bedroom, living room, and dining room. The brands under which products are sold are Kartell, rochebobois, and acquaviva.

Korea Furniture Co (XKRX:004590) Headlines

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