Poongwon Precision Co (XKRX:371950) Days Sales Outstanding : 57.58 (As of Mar. 2024)

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What is Poongwon Precision Co Days Sales Outstanding?

Poongwon Precision Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩8,078 Mil. Poongwon Precision Co's Revenue for the three months ended in Mar. 2024 was ₩12,802 Mil. Hence, Poongwon Precision Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.58.

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

XKRX:371950' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.67 Med: 37.91 Max: 67.45
Current: 67.45

During the past 7 years, Poongwon Precision Co's highest Days Sales Outstanding was 67.45. The lowest was 20.67. And the median was 37.91.

XKRX:371950's Days Sales Outstanding is ranked better than
57.76% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs XKRX:371950: 67.45

Poongwon Precision Co's Days Sales Outstanding declined from Mar. 2023 (64.65) to Mar. 2024 (57.58).

Poongwon Precision Co Days Sales Outstanding Historical Data

The historical data trend for Poongwon Precision 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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Poongwon Precision Co Days Sales Outstanding Chart

Poongwon Precision Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.40

25.23

20.67

37.91

61.54

Poongwon Precision Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									64.65	70.66	69.00	61.92	57.58

Competitive Comparison of Poongwon Precision Co's Days Sales Outstanding

For the Electronic Components subindustry, Poongwon Precision 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.

Poongwon Precision Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Poongwon Precision 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.

Poongwon Precision 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
=	( (6488.454	+	8030.513)	/	2 )	/	43054.018	*	365
=	7259.4835					/	43054.018	*	365
=	61.54

Poongwon Precision 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
=	( (8030.513	+	8126.1)	/	2 )	/	12802.214	*	365 / 4
=	8078.3065					/	12802.214	*	365 / 4
=	57.58

Poongwon Precision Co (XKRX:371950) Days Sales Outstanding Explanation

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

Poongwon Precision Co Days Sales Outstanding Related Terms

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Poongwon Precision Co (XKRX:371950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poongwon Precision Co Ltd (XKRX:371950) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR

Website

http://www.poongwon.com

Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

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