Taitron Components (Taitron Components) Days Sales Outstanding

: 57.30 (As of Dec. 2023)

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Taitron Components's average Accounts Receivable for the three months ended in Dec. 2023 was $0.61 Mil. Taitron Components's Revenue for the three months ended in Dec. 2023 was $0.97 Mil. Hence, Taitron Components's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.30.

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

TAIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.83 Med: 32.63 Max: 51.74
Current: 48.55

During the past 13 years, Taitron Components's highest Days Sales Outstanding was 51.74. The lowest was 13.83. And the median was 32.63.

TAIT's Days Sales Outstanding is ranked better than
79.69% of 2457 companies
in the Hardware industry
Industry Median: 75.24 vs TAIT: 48.55

Taitron Components's Days Sales Outstanding increased from Dec. 2022 (47.57) to Dec. 2023 (57.30).

Taitron Components Days Sales Outstanding Historical Data

The historical data trend for Taitron Components'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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Taitron Components Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.74

45.27

32.50

34.30

23.16

Taitron Components Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															47.57	41.27	66.20	60.80	57.30

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Taitron Components'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.

Taitron Components Days Sales Outstanding Distribution

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

* The bar in red indicates where Taitron Components's Days Sales Outstanding falls into.

Taitron Components 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.

Taitron Components'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
=	( (0.683	+	0.092)	/	2 )	/	6.108	*	365
=	0.3875					/	6.108	*	365
=	23.16

Taitron Components's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.125	+	0.092)	/	2 )	/	0.969	*	365 / 4
=	0.6085					/	0.969	*	365 / 4
=	57.30

Taitron Components (NAS:TAIT) Days Sales Outstanding Explanation

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

Taitron Components Days Sales Outstanding Related Terms

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Taitron Components (Taitron Components) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taitron Components Inc (NAS:TAIT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

28040 West Harrison Parkway, Valencia, CA, USA, 91355

Website

https://www.taitroncomponents.com

Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.

Executives

Chi-lin Chung	director	28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller	director	15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst	officer: CFO	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang	director, 10 percent owner, officer: President, CEO, CFO	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku	director, 10 percent owner, officer: Chairman	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang	director	28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung	director	C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355