Wisdom Marine Lines Co (TPE:2637) Days Sales Outstanding : 3.03 (As of Mar. 2024)

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What is Wisdom Marine Lines Co Days Sales Outstanding?

Wisdom Marine Lines Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$157 Mil. Wisdom Marine Lines Co's Revenue for the three months ended in Mar. 2024 was NT$4,731 Mil. Hence, Wisdom Marine Lines Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.03.

The historical rank and industry rank for Wisdom Marine Lines Co's Days Sales Outstanding or its related term are showing as below:

TPE:2637' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.34 Med: 4.64 Max: 6.37
Current: 3.68

During the past 13 years, Wisdom Marine Lines Co's highest Days Sales Outstanding was 6.37. The lowest was 2.34. And the median was 4.64.

TPE:2637's Days Sales Outstanding is ranked better than
97.5% of 959 companies
in the Transportation industry
Industry Median: 46.08 vs TPE:2637: 3.68

Wisdom Marine Lines Co's Days Sales Outstanding increased from Dec. 2022 (2.63) to Mar. 2024 (3.03).

Wisdom Marine Lines Co Days Sales Outstanding Historical Data

The historical data trend for Wisdom Marine Lines 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.

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Wisdom Marine Lines Co Days Sales Outstanding Chart

Wisdom Marine Lines Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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3.45

4.92

5.54

3.15

2.34

Wisdom Marine Lines Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															2.63	3.37	2.13	3.05	3.03

Competitive Comparison of Wisdom Marine Lines Co's Days Sales Outstanding

For the Marine Shipping subindustry, Wisdom Marine Lines 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.

Wisdom Marine Lines Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wisdom Marine Lines Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wisdom Marine Lines Co's Days Sales Outstanding falls into.

Wisdom Marine Lines 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.

Wisdom Marine Lines Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (173.564	+	154.365)	/	2 )	/	25619.613	*	365
=	163.9645					/	25619.613	*	365
=	2.34

Wisdom Marine Lines Co'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (145.958	+	168.667)	/	2 )	/	4730.788	*	365 / 4
=	157.3125					/	4730.788	*	365 / 4
=	3.03

Wisdom Marine Lines Co (TPE:2637) Days Sales Outstanding Explanation

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

Wisdom Marine Lines Co Days Sales Outstanding Related Terms

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Wisdom Marine Lines Co (TPE:2637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wisdom Marine Lines Co Ltd (TPE:2637) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667

Website

http://www.wisdomlines.com.tw

Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

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