Ace Technologies (XKRX:088800) Days Sales Outstanding : 160.85 (As of Mar. 2024)

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What is Ace Technologies Days Sales Outstanding?

Ace Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ₩53,944 Mil. Ace Technologies's Revenue for the three months ended in Mar. 2024 was ₩30,602 Mil. Hence, Ace Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 160.85.

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

XKRX:088800' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.69 Med: 127.84 Max: 202.14
Current: 202.14

During the past 13 years, Ace Technologies's highest Days Sales Outstanding was 202.14. The lowest was 87.69. And the median was 127.84.

XKRX:088800's Days Sales Outstanding is ranked worse than
93.42% of 2461 companies
in the Hardware industry
Industry Median: 74.48 vs XKRX:088800: 202.14

Ace Technologies's Days Sales Outstanding declined from Mar. 2023 (188.88) to Mar. 2024 (160.85).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Ace Technologies Days Sales Outstanding Historical Data

The historical data trend for Ace Technologies'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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Ace Technologies Days Sales Outstanding Chart

Ace Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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107.62

124.60

131.69

154.26

199.32

Ace Technologies 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															188.88	188.90	260.89	210.53	160.85

Competitive Comparison of Ace Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Ace Technologies'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.

Ace Technologies's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ace Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ace Technologies's Days Sales Outstanding falls into.

Ace Technologies 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.

Ace Technologies'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
=	( (97479.765	+	55472.696)	/	2 )	/	140047.443	*	365
=	76476.2305					/	140047.443	*	365
=	199.32

Ace Technologies'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
=	( (55472.696	+	52415.845)	/	2 )	/	30601.904	*	365 / 4
=	53944.2705					/	30601.904	*	365 / 4
=	160.85

Ace Technologies (XKRX:088800) Days Sales Outstanding Explanation

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

Ace Technologies Days Sales Outstanding Related Terms

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Ace Technologies (XKRX:088800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ace Technologies Corp (XKRX:088800) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

451-3, Nonhyeon-dong, Namdong-gu, Incheon, KOR, 405-849

Website

http://www.acetech.co.kr

Ace Technologies Corp is a South Korea based company engages in the manufacturing of wireless communication RF equipment and antennas. Its main products include base-station RF components, such as base station antennas, filters, radio's for telecoms (RRH) and other markets; mobile antennas, and RF connectors.

Ace Technologies (XKRX:088800) Headlines

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