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Welltend Technology (TPE:3021) Days Sales Outstanding

: 100.83 (As of Dec. 2023)
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Welltend Technology's average Accounts Receivable for the three months ended in Dec. 2023 was NT$868 Mil. Welltend Technology's Revenue for the three months ended in Dec. 2023 was NT$786 Mil. Hence, Welltend Technology's Days Sales Outstanding for the three months ended in Dec. 2023 was 100.83.

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

TPE:3021' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.72   Med: 96.32   Max: 146.11
Current: 146.11

During the past 13 years, Welltend Technology's highest Days Sales Outstanding was 146.11. The lowest was 80.72. And the median was 96.32.

TPE:3021's Days Sales Outstanding is ranked worse than
87.83% of 2456 companies
in the Hardware industry
Industry Median: 75.235 vs TPE:3021: 146.11

Welltend Technology's Days Sales Outstanding increased from Sep. 2022 (83.76) to Dec. 2023 (100.83).


Welltend Technology Days Sales Outstanding Historical Data

The historical data trend for Welltend Technology'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.

* Premium members only.

Welltend Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.40 88.90 80.72 83.18 111.55

Welltend Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.76 106.12 123.40 104.40 100.83

Competitive Comparison

For the Computer Hardware subindustry, Welltend Technology'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.


Welltend Technology Days Sales Outstanding Distribution

For the Hardware industry and Technology sector, Welltend Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Welltend Technology's Days Sales Outstanding falls into.



Welltend Technology 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.

Welltend Technology'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
=( (995.316 + 836.378) / 2 ) / 2996.638*365
=915.847 / 2996.638*365
=111.55

Welltend Technology'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
=( (899.692 + 836.378) / 2 ) / 785.582*365 / 4
=868.035 / 785.582*365 / 4
=100.83

* 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.


Welltend Technology  (TPE:3021) Days Sales Outstanding Explanation

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


Welltend Technology Days Sales Outstanding Related Terms

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Welltend Technology (TPE:3021) Business Description

Traded in Other Exchanges
N/A
Address
6F, No.59, Dongxing Road, Taipei, TWN
Welltend Technology Corp is mainly engaged in the research and development, production and sales of computers, home appliances, automobiles, business-related parts, and components. The Group is divided into two operating segments: Information Service Department and the Wire & Connectors Department. The main business of the Information Service Department is the integrated planning and implementation of information systems and consulting services. The main business of the Wire & Connectors Department is the production and sale of computer peripherals, smart home appliances, communication equipment, and game consoles.

Welltend Technology (TPE:3021) Headlines

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