Ite Tech (TPE:3014) Days Sales Outstanding : 52.05 (As of Mar. 2024)

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What is Ite Tech Days Sales Outstanding?

Ite Tech's average Accounts Receivable for the three months ended in Mar. 2024 was NT$863 Mil. Ite Tech's Revenue for the three months ended in Mar. 2024 was NT$1,512 Mil. Hence, Ite Tech's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.05.

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

TPE:3014' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.13 Med: 55.73 Max: 65.04
Current: 54.04

During the past 13 years, Ite Tech's highest Days Sales Outstanding was 65.04. The lowest was 46.13. And the median was 55.73.

TPE:3014's Days Sales Outstanding is ranked better than
61.2% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs TPE:3014: 54.04

Ite Tech's Days Sales Outstanding stayed the same from Mar. 2023 (52.05) to Mar. 2024 (52.05).

Ite Tech Days Sales Outstanding Historical Data

The historical data trend for Ite Tech'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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Ite Tech Days Sales Outstanding Chart

Ite Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.96

52.93

47.04

61.47

46.13

Ite Tech 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															52.05	48.73	57.81	66.20	52.05

Competitive Comparison of Ite Tech's Days Sales Outstanding

For the Semiconductors subindustry, Ite Tech'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.

Ite Tech's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ite Tech's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ite Tech's Days Sales Outstanding falls into.

Ite Tech 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.

Ite Tech'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
=	( (717.584	+	868.773)	/	2 )	/	6276.443	*	365
=	793.1785					/	6276.443	*	365
=	46.13

Ite Tech'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
=	( (868.773	+	856.506)	/	2 )	/	1512.35	*	365 / 4
=	862.6395					/	1512.35	*	365 / 4
=	52.05

Ite Tech (TPE:3014) Days Sales Outstanding Explanation

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

Ite Tech Days Sales Outstanding Related Terms

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Ite Tech (TPE:3014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ite Tech Inc (TPE:3014) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F, No. 13, Innovation Road I, Hsinchu Science Park, Hsinchu, TWN, 30076

Website

https://www.ite.com.tw

Ite Tech Inc is a fabless integrated circuit (IC) design house. The company principally engages in developing, manufacturing, and marketing of integrated circuits. Its product offerings include PC input/output (I/O) and KBC, digital TV controller, sensor hub/IOT, multimedia controller, and analog IC. Geographically, it operates in Taiwan, Asia, and Others, out of which the majority is from Taiwan.

Ite Tech (TPE:3014) Headlines

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