Taiwan Bio Therapeutics Co (ROCO:6892) Days Sales Outstanding : 28.79 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Taiwan Bio Therapeutics Co Days Sales Outstanding?

Taiwan Bio Therapeutics Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$11.53 Mil. Taiwan Bio Therapeutics Co's Revenue for the six months ended in Dec. 2023 was NT$73.08 Mil. Hence, Taiwan Bio Therapeutics Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 28.79.

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

ROCO:6892' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.15 Med: 50.95 Max: 80.77
Current: 35.48

During the past 5 years, Taiwan Bio Therapeutics Co's highest Days Sales Outstanding was 80.77. The lowest was 32.15. And the median was 50.95.

ROCO:6892's Days Sales Outstanding is ranked better than
81.19% of 888 companies
in the Biotechnology industry
Industry Median: 72.34 vs ROCO:6892: 35.48

Taiwan Bio Therapeutics Co's Days Sales Outstanding declined from Dec. 2022 (67.53) to Dec. 2023 (28.79).

Taiwan Bio Therapeutics Co Days Sales Outstanding Historical Data

The historical data trend for Taiwan Bio Therapeutics 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.

* Premium members only.

Taiwan Bio Therapeutics Co Days Sales Outstanding Chart

Taiwan Bio Therapeutics Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

80.77

32.15

50.95

Taiwan Bio Therapeutics Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			44.12	36.12	67.53	21.63	28.79

Competitive Comparison of Taiwan Bio Therapeutics Co's Days Sales Outstanding

For the Biotechnology subindustry, Taiwan Bio Therapeutics 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.

Taiwan Bio Therapeutics Co's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Taiwan Bio Therapeutics Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Taiwan Bio Therapeutics Co's Days Sales Outstanding falls into.

Taiwan Bio Therapeutics 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.

Taiwan Bio Therapeutics 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
=	( (1.873	+	21.989)	/	2 )	/	85.47	*	365
=	11.931					/	85.47	*	365
=	50.95

Taiwan Bio Therapeutics Co'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.064	+	21.989)	/	2 )	/	73.078	*	365 / 2
=	11.5265					/	73.078	*	365 / 2
=	28.79

Taiwan Bio Therapeutics Co (ROCO:6892) Days Sales Outstanding Explanation

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

Taiwan Bio Therapeutics Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Taiwan Bio Therapeutics Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Taiwan Bio Therapeutics Co (ROCO:6892) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Taiwan Bio Therapeutics Co Ltd (ROCO:6892) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Lane 120, Hu Road, Section 1, 6th Floor, Neihu District, Taipei, TWN

Website

http://www.twbio-thera.com

Taiwan Bio Therapeutics Co Ltd is a regenerative medicine company specializing in the development of new cell medicines. It provides cell product process development and foundry (CDMO/CMO) services.

Taiwan Bio Therapeutics Co (ROCO:6892) Headlines

No Headlines