Tien Li Offshore Wind Technology Co (ROCO:6793) Days Sales Outstanding : 46.70 (As of Dec. 2023)

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What is Tien Li Offshore Wind Technology Co Days Sales Outstanding?

Tien Li Offshore Wind Technology Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$165 Mil. Tien Li Offshore Wind Technology Co's Revenue for the six months ended in Dec. 2023 was NT$645 Mil. Hence, Tien Li Offshore Wind Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 46.70.

The historical rank and industry rank for Tien Li Offshore Wind Technology Co's Days Sales Outstanding or its related term are showing as below:

ROCO:6793' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.36 Med: 73.45 Max: 93.68
Current: 48.36

During the past 7 years, Tien Li Offshore Wind Technology Co's highest Days Sales Outstanding was 93.68. The lowest was 48.36. And the median was 73.45.

ROCO:6793's Days Sales Outstanding is ranked better than
83.27% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs ROCO:6793: 48.36

Tien Li Offshore Wind Technology Co's Days Sales Outstanding declined from Dec. 2022 (62.50) to Dec. 2023 (46.70).

Tien Li Offshore Wind Technology Co Days Sales Outstanding Historical Data

The historical data trend for Tien Li Offshore Wind Technology 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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Tien Li Offshore Wind Technology Co Days Sales Outstanding Chart

Tien Li Offshore Wind Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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93.68

53.22

Tien Li Offshore Wind Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							-	-	62.50	44.82	46.70

Competitive Comparison of Tien Li Offshore Wind Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tien Li Offshore Wind Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tien Li Offshore Wind Technology Co's Days Sales Outstanding falls into.

Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology 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
=	( (102.551	+	214.963)	/	2 )	/	1088.756	*	365
=	158.757					/	1088.756	*	365
=	53.22

Tien Li Offshore Wind Technology 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (115.287	+	214.963)	/	2 )	/	645.243	*	365 / 2
=	165.125					/	645.243	*	365 / 2
=	46.70

Tien Li Offshore Wind Technology Co (ROCO:6793) Days Sales Outstanding Explanation

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

Tien Li Offshore Wind Technology Co Days Sales Outstanding Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tien Li Offshore Wind Technology Co Ltd (ROCO:6793) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596

Website

https://www.tien-li.com

Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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