Nice Information & Telecommunication (XKRX:036800) Days Sales Outstanding : 15.23 (As of Mar. 2024)

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What is Nice Information & Telecommunication Days Sales Outstanding?

Nice Information & Telecommunication's average Accounts Receivable for the three months ended in Mar. 2024 was ₩39,116 Mil. Nice Information & Telecommunication's Revenue for the three months ended in Mar. 2024 was ₩234,398 Mil. Hence, Nice Information & Telecommunication's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.23.

The historical rank and industry rank for Nice Information & Telecommunication's Days Sales Outstanding or its related term are showing as below:

XKRX:036800' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.73 Med: 25.42 Max: 36.64
Current: 15.54

During the past 13 years, Nice Information & Telecommunication's highest Days Sales Outstanding was 36.64. The lowest was 13.73. And the median was 25.42.

XKRX:036800's Days Sales Outstanding is ranked better than
93.67% of 2734 companies
in the Software industry
Industry Median: 61.83 vs XKRX:036800: 15.54

Nice Information & Telecommunication's Days Sales Outstanding declined from Mar. 2023 (16.22) to Mar. 2024 (15.23).

Nice Information & Telecommunication Days Sales Outstanding Historical Data

The historical data trend for Nice Information & Telecommunication'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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Nice Information & Telecommunication Days Sales Outstanding Chart

Nice Information & Telecommunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.86

17.51

13.73

14.19

15.35

Nice Information & Telecommunication 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															16.22	16.46	16.63	15.30	15.23

Competitive Comparison of Nice Information & Telecommunication's Days Sales Outstanding

For the Software - Infrastructure subindustry, Nice Information & Telecommunication'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.

Nice Information & Telecommunication's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Nice Information & Telecommunication's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nice Information & Telecommunication's Days Sales Outstanding falls into.

Nice Information & Telecommunication 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.

Nice Information & Telecommunication'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
=	( (35865.505	+	39116.041)	/	2 )	/	891628.592	*	365
=	37490.773					/	891628.592	*	365
=	15.35

Nice Information & Telecommunication'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
=	( (39116.041	+	0)	/	1 )	/	234398.209	*	365 / 4
=	39116.041					/	234398.209	*	365 / 4
=	15.23

Nice Information & Telecommunication (XKRX:036800) Days Sales Outstanding Explanation

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

Nice Information & Telecommunication Days Sales Outstanding Related Terms

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Nice Information & Telecommunication (XKRX:036800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nice Information & Telecommunication Inc (XKRX:036800) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Credit Center Building 686, Mapo-gu, Mapo-gu, Seoul, KOR, 121-709

Website

http://www.nicevan.co.kr

Nice Information & Telecommunication Inc is involved in the business of financial payment infrastructure. It has divided its business into Van service, PG service, Gift card service and Mobile service segments. The firm's primary services include Approval service, Purchase service, Payat and a Common module for App card etc.

Nice Information & Telecommunication (XKRX:036800) Headlines

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