Forward Science (ROCO:7530) Days Sales Outstanding : 118.49 (As of Dec. 2023)

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What is Forward Science Days Sales Outstanding?

Forward Science's average Accounts Receivable for the six months ended in Dec. 2023 was NT$82.5 Mil. Forward Science's Revenue for the six months ended in Dec. 2023 was NT$127.0 Mil. Hence, Forward Science's Days Sales Outstanding for the six months ended in Dec. 2023 was 118.49.

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

ROCO:7530' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.49 Med: 100.85 Max: 135.24
Current: 87.8

During the past 6 years, Forward Science's highest Days Sales Outstanding was 135.24. The lowest was 77.49. And the median was 100.85.

ROCO:7530's Days Sales Outstanding is ranked worse than
56.97% of 2947 companies
in the Industrial Products industry
Industry Median: 79.82 vs ROCO:7530: 87.80

Forward Science's Days Sales Outstanding increased from Dec. 2022 (89.91) to Dec. 2023 (118.49).

Forward Science Days Sales Outstanding Historical Data

The historical data trend for Forward Science'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.

Forward Science Days Sales Outstanding Chart

Forward Science Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

124.41

135.24

89.11

86.46

77.49

Forward Science Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					95.02	87.97	89.91	74.08	118.49

Competitive Comparison of Forward Science's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Forward Science'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.

Forward Science's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Forward Science's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forward Science's Days Sales Outstanding falls into.

Forward Science 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.

Forward Science'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
=	( (50.779	+	76.149)	/	2 )	/	298.92	*	365
=	63.464					/	298.92	*	365
=	77.49

Forward Science'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
=	( (88.778	+	76.149)	/	2 )	/	127.012	*	365 / 2
=	82.4635					/	127.012	*	365 / 2
=	118.49

Forward Science (ROCO:7530) Days Sales Outstanding Explanation

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

Forward Science Days Sales Outstanding Related Terms

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Forward Science (ROCO:7530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Forward Science Corp (ROCO:7530) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

232 Youyi Road, Miaoli County, Jhunan, TWN, 350

Website

http://www.forward-tek.com.tw

Forward Science Corp is engaged in the manufacturing and maintenance of vacuum pumps. It is also involved in precision parts manufacturing that includes Stainless Processing, Aluminum Processing, Casting Processing, and Metal Finishing among others.

Forward Science (ROCO:7530) Headlines

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