Tex Year Industries Co (TPE:4720) Days Sales Outstanding : 66.96 (As of Sep. 2023)

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What is Tex Year Industries Co Days Sales Outstanding?

Tex Year Industries Co's average Accounts Receivable for the three months ended in Sep. 2023 was NT$622 Mil. Tex Year Industries Co's Revenue for the three months ended in Sep. 2023 was NT$848 Mil. Hence, Tex Year Industries Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 66.96.

The historical rank and industry rank for Tex Year Industries Co's Days Sales Outstanding or its related term are showing as below:

TPE:4720' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.41 Med: 65.16 Max: 93.97
Current: 93.97

During the past 13 years, Tex Year Industries Co's highest Days Sales Outstanding was 93.97. The lowest was 58.41. And the median was 65.16.

TPE:4720's Days Sales Outstanding is ranked worse than
76.47% of 1526 companies
in the Chemicals industry
Industry Median: 63.525 vs TPE:4720: 93.97

Tex Year Industries Co's Days Sales Outstanding declined from Jun. 2022 (67.18) to Sep. 2023 (66.96).

Tex Year Industries Co Days Sales Outstanding Historical Data

The historical data trend for Tex Year Industries 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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Tex Year Industries Co Days Sales Outstanding Chart

Tex Year Industries Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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62.48

58.41

64.28

69.16

66.86

Tex Year Industries Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															67.18	69.30	76.42	63.65	66.96

Competitive Comparison of Tex Year Industries Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Tex Year Industries 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.

Tex Year Industries Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Days Sales Outstanding falls into.

Tex Year Industries 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.

Tex Year Industries Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (635.675	+	664.934)	/	2 )	/	3550.382	*	365
=	650.3045					/	3550.382	*	365
=	66.86

Tex Year Industries Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (591.756	+	652.323)	/	2 )	/	847.681	*	365 / 4
=	622.0395					/	847.681	*	365 / 4
=	66.96

Tex Year Industries Co (TPE:4720) Days Sales Outstanding Explanation

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

Tex Year Industries Co Days Sales Outstanding Related Terms

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Tex Year Industries Co (TPE:4720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tex Year Industries Co Ltd (TPE:4720) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248

Website

https://www.texyear.com

Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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