Hitron Technologies (TPE:2419) Days Sales Outstanding : 73.55 (As of Mar. 2024)

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What is Hitron Technologies Days Sales Outstanding?

Hitron Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,701 Mil. Hitron Technologies's Revenue for the three months ended in Mar. 2024 was NT$2,110 Mil. Hence, Hitron Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.55.

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

TPE:2419' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.19 Med: 61.34 Max: 87.12
Current: 72.7

During the past 13 years, Hitron Technologies's highest Days Sales Outstanding was 87.12. The lowest was 56.19. And the median was 61.34.

TPE:2419's Days Sales Outstanding is ranked better than
52.6% of 2458 companies
in the Hardware industry
Industry Median: 74.995 vs TPE:2419: 72.70

Hitron Technologies's Days Sales Outstanding increased from Mar. 2023 (72.97) to Mar. 2024 (73.55).

Hitron Technologies Days Sales Outstanding Historical Data

The historical data trend for Hitron 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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Hitron Technologies Days Sales Outstanding Chart

Hitron Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.59

59.07

69.84

62.06

85.13

Hitron 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															72.97	64.32	95.28	65.52	73.55

Competitive Comparison of Hitron Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Hitron 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.

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

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

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

Hitron 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.

Hitron 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
=	( (2525.693	+	1860.839)	/	2 )	/	9403.662	*	365
=	2193.266					/	9403.662	*	365
=	85.13

Hitron 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
=	( (1860.839	+	1540.209)	/	2 )	/	2109.786	*	365 / 4
=	1700.524					/	2109.786	*	365 / 4
=	73.55

Hitron Technologies (TPE:2419) Days Sales Outstanding Explanation

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

Hitron Technologies Days Sales Outstanding Related Terms

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Hitron Technologies (TPE:2419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hitron Technologies Inc (TPE:2419) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-8, Lihsin 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078

Website

https://www.hitrontech.com

Hitron Technologies Inc manufactures and distributes communication and telecommunication products. The Company is mainly engaged in integrating communication systems, and producing and selling electronic and telecom communication products. Its products include cable modems, wireless gateway, and IPTV, among others. The majority is from the Sales revenue.

Hitron Technologies (TPE:2419) Headlines

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