Zhen Yu Hardware Co (ROCO:2947) Days Sales Outstanding : 2.04 (As of Dec. 2023)

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What is Zhen Yu Hardware Co Days Sales Outstanding?

Zhen Yu Hardware Co's average Accounts Receivable for the three months ended in Dec. 2023 was NT$12 Mil. Zhen Yu Hardware Co's Revenue for the three months ended in Dec. 2023 was NT$518 Mil. Hence, Zhen Yu Hardware Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.04.

The historical rank and industry rank for Zhen Yu Hardware Co's Days Sales Outstanding or its related term are showing as below:

ROCO:2947' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.8 Med: 1.28 Max: 1.72
Current: 1.49

During the past 7 years, Zhen Yu Hardware Co's highest Days Sales Outstanding was 1.72. The lowest was 0.80. And the median was 1.28.

ROCO:2947's Days Sales Outstanding is ranked better than
94.99% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.66 vs ROCO:2947: 1.49

Zhen Yu Hardware Co's Days Sales Outstanding increased from Dec. 2022 (1.01) to Dec. 2023 (2.04).

Zhen Yu Hardware Co Days Sales Outstanding Historical Data

The historical data trend for Zhen Yu Hardware 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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Zhen Yu Hardware Co Days Sales Outstanding Chart

Zhen Yu Hardware Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.28

0.80

0.97

1.20

1.72

Zhen Yu Hardware Co Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															1.01	1.12	1.01	1.51	2.04

Competitive Comparison of Zhen Yu Hardware Co's Days Sales Outstanding

For the Specialty Retail subindustry, Zhen Yu Hardware 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.

Zhen Yu Hardware Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhen Yu Hardware Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhen Yu Hardware Co's Days Sales Outstanding falls into.

Zhen Yu Hardware 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.

Zhen Yu Hardware Co'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
=	( (6.448	+	12.049)	/	2 )	/	1967.885	*	365
=	9.2485					/	1967.885	*	365
=	1.72

Zhen Yu Hardware Co'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (11.093	+	12.049)	/	2 )	/	518.447	*	365 / 4
=	11.571					/	518.447	*	365 / 4
=	2.04

Zhen Yu Hardware Co (ROCO:2947) Days Sales Outstanding Explanation

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

Zhen Yu Hardware Co Days Sales Outstanding Related Terms

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Zhen Yu Hardware Co (ROCO:2947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zhen Yu Hardware Co Ltd (ROCO:2947) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Section 2, Huanzhong Road, Xitun District, Taichung, TWN

Website

https://www.ald.com.tw

Zhen Yu Hardware Co Ltd operates a chain of hardware supermarkets. It provides various types of hardware and repair tools and supplies.

Zhen Yu Hardware Co (ROCO:2947) Headlines

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