Secucen Co (XKRX:232830) Days Sales Outstanding : 28.91 (As of Mar. 2024)

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What is Secucen Co Days Sales Outstanding?

Secucen Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩1,286 Mil. Secucen Co's Revenue for the three months ended in Mar. 2024 was ₩4,060 Mil. Hence, Secucen Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.91.

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

XKRX:232830' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.08 Med: 59.22 Max: 348.06
Current: 36.22

During the past 10 years, Secucen Co's highest Days Sales Outstanding was 348.06. The lowest was 24.08. And the median was 59.22.

XKRX:232830's Days Sales Outstanding is ranked better than
80.75% of 2737 companies
in the Software industry
Industry Median: 61.8 vs XKRX:232830: 36.22

Secucen Co's Days Sales Outstanding declined from Mar. 2023 (36.03) to Mar. 2024 (28.91).

Secucen Co Days Sales Outstanding Historical Data

The historical data trend for Secucen 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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Secucen Co Days Sales Outstanding Chart

Secucen Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.30

59.22

44.66

24.08

45.04

Secucen Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				36.03	56.37	49.91	28.03	28.91

Competitive Comparison of Secucen Co's Days Sales Outstanding

For the Software - Infrastructure subindustry, Secucen 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.

Secucen Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Secucen Co's Days Sales Outstanding distribution charts can be found below:

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

Secucen 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.

Secucen 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
=	( (2171.508	+	1831.461)	/	2 )	/	16219.15	*	365
=	2001.4845					/	16219.15	*	365
=	45.04

Secucen 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
=	( (1831.461	+	740.939)	/	2 )	/	4060.22	*	365 / 4
=	1286.2					/	4060.22	*	365 / 4
=	28.91

Secucen Co (XKRX:232830) Days Sales Outstanding Explanation

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

Secucen Co Days Sales Outstanding Related Terms

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Secucen Co (XKRX:232830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Secucen Co Ltd (XKRX:232830) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Banpo Road, 13th Aittsen Building, 2nd floor, Seocho-gu, Seoul, KOR, 02 841

Website

http://www.secucen.com

Secucen Co Ltd is an IT services company providing security solutions, electronic signature services, mobile security services and integrated security platform. Its security solutions services include providing encryption solution, financial transactions detection solution, tamper-proof solutions through different apps like Barun AppIron, Barun FDS, and Edge DB.

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