Redwood Group (ROCO:8426) Days Sales Outstanding : 62.29 (As of Mar. 2024)

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What is Redwood Group Days Sales Outstanding?

Redwood Group's average Accounts Receivable for the three months ended in Mar. 2024 was NT$411 Mil. Redwood Group's Revenue for the three months ended in Mar. 2024 was NT$602 Mil. Hence, Redwood Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.29.

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

ROCO:8426' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.74 Med: 77.8 Max: 101.83
Current: 55.11

During the past 13 years, Redwood Group's highest Days Sales Outstanding was 101.83. The lowest was 45.74. And the median was 77.80.

ROCO:8426's Days Sales Outstanding is ranked worse than
52.15% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.31 vs ROCO:8426: 55.11

Redwood Group's Days Sales Outstanding increased from Mar. 2023 (48.69) to Mar. 2024 (62.29).

Redwood Group Days Sales Outstanding Historical Data

The historical data trend for Redwood Group'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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Redwood Group Days Sales Outstanding Chart

Redwood Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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61.61

92.60

52.99

54.41

45.74

Redwood Group 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															48.69	65.72	55.77	45.80	62.29

Competitive Comparison of Redwood Group's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Redwood Group'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.

Redwood Group's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Redwood Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Redwood Group's Days Sales Outstanding falls into.

Redwood Group 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.

Redwood Group'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
=	( (277.952	+	438.91)	/	2 )	/	2860.254	*	365
=	358.431					/	2860.254	*	365
=	45.74

Redwood Group'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
=	( (438.91	+	383.207)	/	2 )	/	602.172	*	365 / 4
=	411.0585					/	602.172	*	365 / 4
=	62.29

Redwood Group (ROCO:8426) Days Sales Outstanding Explanation

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

Redwood Group Days Sales Outstanding Related Terms

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Redwood Group (ROCO:8426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Redwood Group Ltd (ROCO:8426) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Sungei Kadut Street 2, Singapore, SGP, 729239

Website

http://www.redwoodgroup.co

Redwood Group Ltd is a contract manufacturer of high-quality interior fittings. It offers craftsmanship, metalwork, carpentry joinery, and other interior furnishings. Geographically, it operates in Singapore, Malaysia, and China. The company derives a majority of its revenue from Asian Countries.

Redwood Group (ROCO:8426) Headlines

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