Tung Mung Development Co (ROCO:1480) Days Sales Outstanding : 2.21 (As of Dec. 2024)

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What is Tung Mung Development Co Days Sales Outstanding?

Tung Mung Development Co's average Accounts Receivable for the six months ended in Dec. 2024 was NT$51 Mil. Tung Mung Development Co's Revenue for the six months ended in Dec. 2024 was NT$4,233 Mil. Hence, Tung Mung Development Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 2.21.

The historical rank and industry rank for Tung Mung Development Co's Days Sales Outstanding or its related term are showing as below:

ROCO:1480' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.44 Med: 2.28 Max: 3.7
Current: 2.22

During the past 5 years, Tung Mung Development Co's highest Days Sales Outstanding was 3.70. The lowest was 0.44. And the median was 2.28.

ROCO:1480's Days Sales Outstanding is ranked better than
97.86% of 607 companies
in the Steel industry
Industry Median: 50.46 vs ROCO:1480: 2.22

Tung Mung Development Co's Days Sales Outstanding declined from Dec. 2023 (3.89) to Dec. 2024 (2.21).

Tung Mung Development Co Days Sales Outstanding Historical Data

The historical data trend for Tung Mung Development 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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Tung Mung Development Co Days Sales Outstanding Chart

Tung Mung Development Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

0.44

2.90

3.70

2.28

1.72

Tung Mung Development Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial			2.22	2.73	3.89	2.72	2.21

Competitive Comparison of Tung Mung Development Co's Days Sales Outstanding

For the Steel subindustry, Tung Mung Development 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.

Tung Mung Development Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tung Mung Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tung Mung Development Co's Days Sales Outstanding falls into.

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Tung Mung Development 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.

Tung Mung Development Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (56.139	+	25.912)	/	2 )	/	8691.643	*	365
=	41.0255					/	8691.643	*	365
=	1.72

Tung Mung Development Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (76.665	+	25.912)	/	2 )	/	4232.747	*	365 / 2
=	51.2885					/	4232.747	*	365 / 2
=	2.21

Tung Mung Development Co (ROCO:1480) Days Sales Outstanding Explanation

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

Tung Mung Development Co Days Sales Outstanding Related Terms

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Tung Mung Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Mung Development Co Ltd (ROCO:1480) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 90, Sec. 1, Hsin-Tai 5th Road, Tower C, 24th Floor, Hsichih District, New Taipei City, TWN

Website

https://www.tungmung.com.tw

Tung Mung Development Co Ltd engages in manufacturing stainless steel products. The firm produces steel grades, stainless steel coils, and stainless steel sheets.

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