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Synbio Tech (ROCO:1295) Days Sales Outstanding : 39.12 (As of Dec. 2023)


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What is Synbio Tech Days Sales Outstanding?

Synbio Tech's average Accounts Receivable for the six months ended in Dec. 2023 was NT$93.1 Mil. Synbio Tech's Revenue for the six months ended in Dec. 2023 was NT$434.2 Mil. Hence, Synbio Tech's Days Sales Outstanding for the six months ended in Dec. 2023 was 39.12.

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

ROCO:1295' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.55   Med: 45.37   Max: 61.66
Current: 38.55

During the past 4 years, Synbio Tech's highest Days Sales Outstanding was 61.66. The lowest was 38.55. And the median was 45.37.

ROCO:1295's Days Sales Outstanding is ranked better than
78.32% of 881 companies
in the Biotechnology industry
Industry Median: 72.67 vs ROCO:1295: 38.55

Synbio Tech's Days Sales Outstanding increased from Dec. 2022 (37.73) to Dec. 2023 (39.12).

Synbio Tech Days Sales Outstanding Historical Data

The historical data trend for Synbio Tech'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.

Synbio Tech Days Sales Outstanding Chart

Synbio Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
61.66 47.76 42.98 38.88

Synbio Tech Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial - 48.01 37.73 37.57 39.12

Competitive Comparison of Synbio Tech's Days Sales Outstanding

For the Biotechnology subindustry, Synbio Tech'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.

Synbio Tech's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Synbio Tech's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Synbio Tech's Days Sales Outstanding falls into.


Synbio Tech 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.

Synbio Tech'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
=( (74.737 + 100.677) / 2 ) / 823.304*365
=87.707 / 823.304*365
=38.88

Synbio Tech'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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (85.45 + 100.677) / 2 ) / 434.192*365 / 2
=93.0635 / 434.192*365 / 2
=39.12

* 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.

Synbio Tech  (ROCO:1295) Days Sales Outstanding Explanation

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

Synbio Tech Days Sales Outstanding Related Terms

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Synbio Tech (ROCO:1295) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Synbio Tech Inc (ROCO:1295) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
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Address
No.66,Beiling 6th Road, 821 Road, Luzhu District, Kaohsiung, TWN
Website
https://www.synbiotech.com
Synbio Tech Inc is a company specializing in the research, manufacturing and application development of lactic acid bacteria. They provide lactic acid bacteria screening, functional research and verification, and the introduction of advanced processes to produce safe and stable high-quality bacterial powder, OEM, ODM customized finished products , share application development technology, provide excellent service quality, and gain recognition from customers, allowing Shenghe to grow steadily.

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