Cirtek Holdings Philippines (PHS:TCB2D.PFD) Days Sales Outstanding : 168.47 (As of Mar. 2024)

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What is Cirtek Holdings Philippines Days Sales Outstanding?

Cirtek Holdings Philippines's average Accounts Receivable for the three months ended in Mar. 2024 was ₱1,651.26 Mil. Cirtek Holdings Philippines's Revenue for the three months ended in Mar. 2024 was ₱894.38 Mil. Hence, Cirtek Holdings Philippines's Days Sales Outstanding for the three months ended in Mar. 2024 was 168.47.

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

PHS:TCB2D.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.17 Med: 93.72 Max: 236.79
Current: 136.07

During the past 13 years, Cirtek Holdings Philippines's highest Days Sales Outstanding was 236.79. The lowest was 46.17. And the median was 93.72.

PHS:TCB2D.PFD's Days Sales Outstanding is ranked worse than
91.43% of 980 companies
in the Semiconductors industry
Industry Median: 62.61 vs PHS:TCB2D.PFD: 136.07

Cirtek Holdings Philippines's Days Sales Outstanding increased from Mar. 2023 (147.20) to Mar. 2024 (168.47).

Cirtek Holdings Philippines Days Sales Outstanding Historical Data

The historical data trend for Cirtek Holdings Philippines'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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Cirtek Holdings Philippines Days Sales Outstanding Chart

Cirtek Holdings Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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97.96

194.54

236.79

161.57

139.81

Cirtek Holdings Philippines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															147.20	96.16	105.97	225.76	168.47

Competitive Comparison of Cirtek Holdings Philippines's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Cirtek Holdings Philippines'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.

Cirtek Holdings Philippines's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cirtek Holdings Philippines's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cirtek Holdings Philippines's Days Sales Outstanding falls into.

Cirtek Holdings Philippines 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.

Cirtek Holdings Philippines'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
=	( (1696.02	+	1579.563)	/	2 )	/	4275.797	*	365
=	1637.7915					/	4275.797	*	365
=	139.81

Cirtek Holdings Philippines's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1579.563	+	1722.962)	/	2 )	/	894.381	*	365 / 4
=	1651.2625					/	894.381	*	365 / 4
=	168.47

Cirtek Holdings Philippines (PHS:TCB2D.PFD) Days Sales Outstanding Explanation

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

Cirtek Holdings Philippines Days Sales Outstanding Related Terms

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Cirtek Holdings Philippines (PHS:TCB2D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cirtek Holdings Philippines Corp (PHS:TCB2D.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TCB2B.PFD:Philippines TCB2A.PFD:Philippines TECH:Philippines

Address

116 East Main Avenue, Phase V-SEZ Laguna Technopark, Laguna, Binan, PHL, 4024

Website

https://www.cirtekholdings.com

Cirtek Holdings Philippines Corp through its subsidiaries is engaged in the manufacture and sales of semiconductor packages as an independent subcontractor for outsourced semiconductor assembly, test and packaging services, and the manufacture of integrated technology products. The company performs three activities which include the design, development, and delivery of the wireless industry's antenna solutions; the manufacture of value-added, integrated technology products; and the manufacture and sales of semiconductor packages as an independent subcontractor for outsourced semiconductor assembly, test, and packaging services.

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