Sheh Kai Precision Co (ROCO:2063) Days Sales Outstanding : 70.16 (As of Sep. 2024)

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What is Sheh Kai Precision Co Days Sales Outstanding?

Sheh Kai Precision Co's average Accounts Receivable for the three months ended in Sep. 2024 was NT$199.5 Mil. Sheh Kai Precision Co's Revenue for the three months ended in Sep. 2024 was NT$259.5 Mil. Hence, Sheh Kai Precision Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 70.16.

The historical rank and industry rank for Sheh Kai Precision Co's Days Sales Outstanding or its related term are showing as below:

ROCO:2063' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.65 Med: 69.05 Max: 97.05
Current: 97.05

During the past 13 years, Sheh Kai Precision Co's highest Days Sales Outstanding was 97.05. The lowest was 50.65. And the median was 69.05.

ROCO:2063's Days Sales Outstanding is ranked worse than
62.73% of 2970 companies
in the Industrial Products industry
Industry Median: 80.9 vs ROCO:2063: 97.05

Sheh Kai Precision Co's Days Sales Outstanding increased from Jun. 2023 (52.90) to Sep. 2024 (70.16).

Sheh Kai Precision Co Days Sales Outstanding Historical Data

The historical data trend for Sheh Kai Precision 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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Sheh Kai Precision Co Days Sales Outstanding Chart

Sheh Kai Precision Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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79.18

78.80

72.12

61.11

70.61

Sheh Kai Precision Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															52.90	60.31	78.00	71.12	70.16

Competitive Comparison of Sheh Kai Precision Co's Days Sales Outstanding

For the Tools & Accessories subindustry, Sheh Kai Precision 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.

Sheh Kai Precision Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sheh Kai Precision Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sheh Kai Precision Co's Days Sales Outstanding falls into.

Sheh Kai Precision 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.

Sheh Kai Precision Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (286.089	+	275.14)	/	2 )	/	1450.487	*	365
=	280.6145					/	1450.487	*	365
=	70.61

Sheh Kai Precision Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (221.43	+	177.649)	/	2 )	/	259.512	*	365 / 4
=	199.5395					/	259.512	*	365 / 4
=	70.16

Sheh Kai Precision Co (ROCO:2063) Days Sales Outstanding Explanation

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

Sheh Kai Precision Co Days Sales Outstanding Related Terms

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Sheh Kai Precision Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sheh Kai Precision Co Ltd (ROCO:2063) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No.1,BenGong 1st Road, Gangshan Dist, Kaohsiung, TWN, 82059

Website

http://www.shehkai.com.tw

Sheh Kai Precision Co Ltd is a manufacturer of stainless steel and alloy steel composite screws and composite bolts in Taiwan. Its products include SDS PLUS Hammer Drill Bit, Screw Anchors, Bi-metals, cement thread anchors, Power tool accessories, and other products.

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