Feng Tay Enterprises Co (TPE:9910) Days Sales Outstanding

: 33.11 (As of Dec. 2023)

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Feng Tay Enterprises Co's average Accounts Receivable for the three months ended in Dec. 2023 was NT$8,178 Mil. Feng Tay Enterprises Co's Revenue for the three months ended in Dec. 2023 was NT$22,535 Mil. Hence, Feng Tay Enterprises Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.11.

The historical rank and industry rank for Feng Tay Enterprises Co's Days Sales Outstanding or its related term are showing as below:

TPE:9910' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.49 Med: 31.66 Max: 41.46
Current: 35.27

During the past 13 years, Feng Tay Enterprises Co's highest Days Sales Outstanding was 41.46. The lowest was 24.49. And the median was 31.66.

TPE:9910's Days Sales Outstanding is ranked better than
71.19% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.83 vs TPE:9910: 35.27

Feng Tay Enterprises Co's Days Sales Outstanding declined from Dec. 2022 (38.18) to Dec. 2023 (33.11).

Feng Tay Enterprises Co Days Sales Outstanding Historical Data

The historical data trend for Feng Tay Enterprises 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 31.49 [6] => 37.16 [7] => 41.46 [8] => 33.06 [9] => 36.03 )

Feng Tay Enterprises Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

31.49

37.16

41.46

33.06

36.03

Feng Tay Enterprises 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																38.18	38.69	35.97	33.14	33.11

Competitive Comparison

For the Footwear & Accessories subindustry, Feng Tay Enterprises 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.

Feng Tay Enterprises Co Days Sales Outstanding Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feng Tay Enterprises Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Feng Tay Enterprises Co's Days Sales Outstanding falls into.

Feng Tay Enterprises 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.

Feng Tay Enterprises 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
=	( (8793.324	+	8138.765)	/	2 )	/	85767.264	*	365
=	8466.0445					/	85767.264	*	365
=	36.03

Feng Tay Enterprises 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
=	( (8216.515	+	8138.765)	/	2 )	/	22535.192	*	365 / 4
=	8177.64					/	22535.192	*	365 / 4
=	33.11

Feng Tay Enterprises Co (TPE:9910) Days Sales Outstanding Explanation

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

Feng Tay Enterprises Co Days Sales Outstanding Related Terms

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Feng Tay Enterprises Co (TPE:9910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Feng Tay Enterprises Co Ltd (TPE:9910) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 52 Kegong 8th Road, Douliou, Yunlin, TWN, 640111

Website

https://www.fengtay.com

Feng Tay Enterprises Co Ltd is a manufacturer specialized in athletic shoes. Other business activities include developing and producing casual shoes, inline skates, ice skates, ski boots, cycling shoes, golf balls, soccer balls, backpack and handbags, ice hockey helmets and sticks, footwear accessories, as well as shoe molds and tools. The operating segments includes footwear manufacturing and sales and others segment, the geographical presence of business is in Singapore, America, Vietnam, Switzerland, Mainland China, Mexico, India, Italy and Other countries out of which the company generates majority of its revenue from Singapore.

Feng Tay Enterprises Co (TPE:9910) Headlines

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