Hon Hai Precision Industry Co (TPE:2317) Days Sales Outstanding : 45.85 (As of Dec. 2023)

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What is Hon Hai Precision Industry Co Days Sales Outstanding?

Hon Hai Precision Industry Co's average Accounts Receivable for the three months ended in Dec. 2023 was NT$930,664 Mil. Hon Hai Precision Industry Co's Revenue for the three months ended in Dec. 2023 was NT$1,852,072 Mil. Hence, Hon Hai Precision Industry Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.85.

The historical rank and industry rank for Hon Hai Precision Industry Co's Days Sales Outstanding or its related term are showing as below:

TPE:2317' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.77 Med: 64.95 Max: 78.88
Current: 52.77

During the past 13 years, Hon Hai Precision Industry Co's highest Days Sales Outstanding was 78.88. The lowest was 52.77. And the median was 64.95.

TPE:2317's Days Sales Outstanding is ranked better than
75.42% of 2457 companies
in the Hardware industry
Industry Median: 75.09 vs TPE:2317: 52.77

Hon Hai Precision Industry Co's Days Sales Outstanding declined from Dec. 2022 (55.03) to Dec. 2023 (45.85).

Hon Hai Precision Industry Co Days Sales Outstanding Historical Data

The historical data trend for Hon Hai Precision Industry 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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Hon Hai Precision Industry Co Days Sales Outstanding Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.38

67.25

64.05

62.24

58.37

Hon Hai Precision Industry Co Quarterly Data
	Mar19	Jun19	Sep19	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															55.03	56.23	52.27	52.63	45.85

Competitive Comparison of Hon Hai Precision Industry Co's Days Sales Outstanding

For the Electronic Components subindustry, Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's Days Sales Outstanding falls into.

Hon Hai Precision Industry 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.

Hon Hai Precision Industry 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
=	( (1098690.171	+	872270.163)	/	2 )	/	6162221.359	*	365
=	985480.167					/	6162221.359	*	365
=	58.37

Hon Hai Precision Industry 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
=	( (989058.76	+	872270.163)	/	2 )	/	1852072.177	*	365 / 4
=	930664.4615					/	1852072.177	*	365 / 4
=	45.85

Hon Hai Precision Industry Co (TPE:2317) Days Sales Outstanding Explanation

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

Hon Hai Precision Industry Co Days Sales Outstanding Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HNHPF:USA HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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