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Acer Synergy Tech (ROCO:6751) Days Sales Outstanding : 99.07 (As of Mar. 2024)


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What is Acer Synergy Tech Days Sales Outstanding?

Acer Synergy Tech's average Accounts Receivable for the three months ended in Mar. 2024 was NT$434 Mil. Acer Synergy Tech's Revenue for the three months ended in Mar. 2024 was NT$400 Mil. Hence, Acer Synergy Tech's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.07.

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

ROCO:6751' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.72   Med: 106.19   Max: 292.44
Current: 97.45

During the past 7 years, Acer Synergy Tech's highest Days Sales Outstanding was 292.44. The lowest was 68.72. And the median was 106.19.

ROCO:6751's Days Sales Outstanding is ranked worse than
75.18% of 2732 companies
in the Software industry
Industry Median: 61.815 vs ROCO:6751: 97.45

Acer Synergy Tech's Days Sales Outstanding increased from Mar. 2023 (93.63) to Mar. 2024 (99.07).


Acer Synergy Tech Days Sales Outstanding Historical Data

The historical data trend for Acer Synergy Tech'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.

Acer Synergy Tech Days Sales Outstanding Chart

Acer Synergy Tech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 133.84 150.56 103.13 106.19 91.49

Acer Synergy Tech 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.63 101.24 100.72 95.12 99.07

Competitive Comparison of Acer Synergy Tech's Days Sales Outstanding

For the Information Technology Services subindustry, Acer Synergy Tech'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.


Acer Synergy Tech's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Acer Synergy Tech's Days Sales Outstanding falls into.



Acer Synergy Tech 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.

Acer Synergy Tech'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
=( (451.657 + 419.936) / 2 ) / 1738.519*365
=435.7965 / 1738.519*365
=91.49

Acer Synergy Tech'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
=( (419.936 + 448.985) / 2 ) / 400.174*365 / 4
=434.4605 / 400.174*365 / 4
=99.07

* 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.


Acer Synergy Tech  (ROCO:6751) Days Sales Outstanding Explanation

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


Acer Synergy Tech Days Sales Outstanding Related Terms

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Acer Synergy Tech (ROCO:6751) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Huanke 1st Road, 302, Floor 6, Hsinchu County, Zhubei, TWN, 302
Acer Synergy Tech Corp is a provider of IT solutions. It offers services to small and medium-sized businesses and large enterprises. Its services include enterprise architecture planning; information system integration service; information infrastructure maintenance; and information manpower outsourcing service.

Acer Synergy Tech (ROCO:6751) Headlines

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