Grand Ocean Retail Group (TPE:5907) Days Sales Outstanding : 19.63 (As of Dec. 2023)

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What is Grand Ocean Retail Group Days Sales Outstanding?

Grand Ocean Retail Group's average Accounts Receivable for the three months ended in Dec. 2023 was NT$217 Mil. Grand Ocean Retail Group's Revenue for the three months ended in Dec. 2023 was NT$1,008 Mil. Hence, Grand Ocean Retail Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.63.

The historical rank and industry rank for Grand Ocean Retail Group's Days Sales Outstanding or its related term are showing as below:

TPE:5907' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.67 Med: 13.5 Max: 21.31
Current: 20.67

During the past 13 years, Grand Ocean Retail Group's highest Days Sales Outstanding was 21.31. The lowest was 5.67. And the median was 13.50.

TPE:5907's Days Sales Outstanding is ranked worse than
55.66% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.625 vs TPE:5907: 20.67

Grand Ocean Retail Group's Days Sales Outstanding declined from Dec. 2022 (23.82) to Dec. 2023 (19.63).

Grand Ocean Retail Group Days Sales Outstanding Historical Data

The historical data trend for Grand Ocean Retail Group'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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Grand Ocean Retail Group Days Sales Outstanding Chart

Grand Ocean Retail Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.29

13.05

13.71

19.51

21.31

Grand Ocean Retail Group 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															23.82	19.80	19.68	23.35	19.63

Competitive Comparison of Grand Ocean Retail Group's Days Sales Outstanding

For the Department Stores subindustry, Grand Ocean Retail Group'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.

Grand Ocean Retail Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grand Ocean Retail Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Grand Ocean Retail Group's Days Sales Outstanding falls into.

Grand Ocean Retail Group 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.

Grand Ocean Retail Group'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
=	( (254.557	+	191.538)	/	2 )	/	3820.133	*	365
=	223.0475					/	3820.133	*	365
=	21.31

Grand Ocean Retail Group'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
=	( (242.39	+	191.538)	/	2 )	/	1008.338	*	365 / 4
=	216.964					/	1008.338	*	365 / 4
=	19.63

Grand Ocean Retail Group (TPE:5907) Days Sales Outstanding Explanation

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

Grand Ocean Retail Group Days Sales Outstanding Related Terms

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Grand Ocean Retail Group (TPE:5907) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grand Ocean Retail Group Ltd (TPE:5907) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 237, Fuxing South Road, 14th Floor, Section 2, Da'an District, Taipei, TWN, 106

Website

http://www.grandocean.com.tw

Grand Ocean Retail Group Ltd operates department stores in China. The company is engaged in the operation and management of department stores in Nanjing, Wuhan, Chongqing, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang, and Hefei cities. It generates revenue from Commission and Commodity Sales. The main revenues of the group come from the department store retail business.

Grand Ocean Retail Group (TPE:5907) Headlines

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