Softstar Entertainment (ROCO:6111) Days Sales Outstanding : 83.49 (As of Mar. 2024)

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What is Softstar Entertainment Days Sales Outstanding?

Softstar Entertainment's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,205 Mil. Softstar Entertainment's Revenue for the three months ended in Mar. 2024 was NT$1,316 Mil. Hence, Softstar Entertainment's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.49.

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

ROCO:6111' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.86 Med: 67.03 Max: 106.46
Current: 92.79

During the past 13 years, Softstar Entertainment's highest Days Sales Outstanding was 106.46. The lowest was 25.86. And the median was 67.03.

ROCO:6111's Days Sales Outstanding is ranked worse than
83.89% of 571 companies
in the Interactive Media industry
Industry Median: 44.79 vs ROCO:6111: 92.79

Softstar Entertainment's Days Sales Outstanding declined from Mar. 2023 (156.57) to Mar. 2024 (83.49).

Softstar Entertainment Days Sales Outstanding Historical Data

The historical data trend for Softstar Entertainment'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.

* Premium members only.

Softstar Entertainment Days Sales Outstanding Chart

Softstar Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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73.08

86.91

92.94

82.60

106.46

Softstar Entertainment 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															156.57	89.98	117.41	75.25	83.49

Competitive Comparison of Softstar Entertainment's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Softstar Entertainment'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.

Softstar Entertainment's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Softstar Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Softstar Entertainment's Days Sales Outstanding falls into.

Softstar Entertainment 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.

Softstar Entertainment'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
=	( (884.954	+	1017.946)	/	2 )	/	3262.181	*	365
=	951.45					/	3262.181	*	365
=	106.46

Softstar Entertainment'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
=	( (1017.946	+	1391.116)	/	2 )	/	1316.412	*	365 / 4
=	1204.531					/	1316.412	*	365 / 4
=	83.49

Softstar Entertainment (ROCO:6111) Days Sales Outstanding Explanation

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

Softstar Entertainment Days Sales Outstanding Related Terms

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Softstar Entertainment (ROCO:6111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Softstar Entertainment Inc (ROCO:6111) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sec. 2, Dunhua S. Road, 22F.-1, No. 77, Da’an District, Taipei, TWN, 106

Website

https://www.softstar.com.tw

Softstar Entertainment Inc is engaged in the development and distribution of computer game software. Its products include stand-alone game software, online game software, Web game software, mobile game software, and computer software peripheral products. The Group is organized into business units based on its products and services and has four reportable operating segments as follows: Operating Department, Research and Development Department, Electronic Products Department, and Beauty Products Department. The majority of revenue comes from Research and development and licensing segment.

Softstar Entertainment (ROCO:6111) Headlines

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