Kwong Fong Industries (TPE:1416) Days Sales Outstanding : 36.20 (As of Mar. 2024)

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What is Kwong Fong Industries Days Sales Outstanding?

Kwong Fong Industries's average Accounts Receivable for the three months ended in Mar. 2024 was NT$31.4 Mil. Kwong Fong Industries's Revenue for the three months ended in Mar. 2024 was NT$79.1 Mil. Hence, Kwong Fong Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.20.

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

TPE:1416' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4 Med: 34.85 Max: 1112.25
Current: 35.46

During the past 13 years, Kwong Fong Industries's highest Days Sales Outstanding was 1112.25. The lowest was 4.00. And the median was 34.85.

TPE:1416's Days Sales Outstanding is ranked better than
81.59% of 2737 companies
in the Software industry
Industry Median: 61.81 vs TPE:1416: 35.46

Kwong Fong Industries's Days Sales Outstanding increased from Mar. 2023 (26.08) to Mar. 2024 (36.20).

Kwong Fong Industries Days Sales Outstanding Historical Data

The historical data trend for Kwong Fong Industries'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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Kwong Fong Industries Days Sales Outstanding Chart

Kwong Fong Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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417.22

1,112.25

106.24

50.41

30.65

Kwong Fong Industries 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															26.08	35.77	37.36	32.44	36.20

Competitive Comparison of Kwong Fong Industries's Days Sales Outstanding

For the Information Technology Services subindustry, Kwong Fong Industries'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.

Kwong Fong Industries's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Kwong Fong Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kwong Fong Industries's Days Sales Outstanding falls into.

Kwong Fong Industries 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.

Kwong Fong Industries'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
=	( (21.637	+	28.053)	/	2 )	/	295.859	*	365
=	24.845					/	295.859	*	365
=	30.65

Kwong Fong Industries'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
=	( (28.053	+	34.716)	/	2 )	/	79.108	*	365 / 4
=	31.3845					/	79.108	*	365 / 4
=	36.20

Kwong Fong Industries (TPE:1416) Days Sales Outstanding Explanation

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

Kwong Fong Industries Days Sales Outstanding Related Terms

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Kwong Fong Industries (TPE:1416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kwong Fong Industries Corp (TPE:1416) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 2, Dunhua South Road,, 28th Floor, No. 97,, Daan District,, Taipei, TWN

Website

https://www.kfic.com.tw

Kwong Fong Industries Corp is engaged in the textile industry importing and exporting home textiles and sales business. The company focuses on housing and building development and rental, real estate business, mall management, information software services, and electronic information supply services.

Kwong Fong Industries (TPE:1416) Headlines

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