Chia Yi Steel Co (ROCO:2067) Days Sales Outstanding : 79.33 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Chia Yi Steel Co Days Sales Outstanding?

Chia Yi Steel Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$202 Mil. Chia Yi Steel Co's Revenue for the three months ended in Mar. 2024 was NT$232 Mil. Hence, Chia Yi Steel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.33.

The historical rank and industry rank for Chia Yi Steel Co's Days Sales Outstanding or its related term are showing as below:

ROCO:2067' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.79 Med: 76.75 Max: 93.23
Current: 77.22

During the past 13 years, Chia Yi Steel Co's highest Days Sales Outstanding was 93.23. The lowest was 65.79. And the median was 76.75.

ROCO:2067's Days Sales Outstanding is ranked better than
52.61% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs ROCO:2067: 77.22

Chia Yi Steel Co's Days Sales Outstanding declined from Mar. 2023 (84.73) to Mar. 2024 (79.33).

Chia Yi Steel Co Days Sales Outstanding Historical Data

The historical data trend for Chia Yi Steel 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.

Chia Yi Steel Co Days Sales Outstanding Chart

Chia Yi Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

93.23

82.29

70.85

75.20

78.29

Chia Yi Steel Co 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															84.73	70.06	78.86	84.69	79.33

Competitive Comparison of Chia Yi Steel Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Chia Yi Steel 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.

Chia Yi Steel Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chia Yi Steel Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chia Yi Steel Co's Days Sales Outstanding falls into.

Chia Yi Steel 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.

Chia Yi Steel 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
=	( (298.319	+	199.268)	/	2 )	/	1159.871	*	365
=	248.7935					/	1159.871	*	365
=	78.29

Chia Yi Steel Co'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
=	( (199.268	+	203.803)	/	2 )	/	231.825	*	365 / 4
=	201.5355					/	231.825	*	365 / 4
=	79.33

Chia Yi Steel Co (ROCO:2067) Days Sales Outstanding Explanation

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

Chia Yi Steel Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Chia Yi Steel Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Chia Yi Steel Co (ROCO:2067) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chia Yi Steel Co Ltd (ROCO:2067) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21, Chenggong 2nd Street, Beidou Village, Chiayi County, Minxiong, TWN, 62155

Website

http://www.cysteel.com.tw

Chia Yi Steel Co Ltd is engaged in the casting; processing and trading of various cast irons. Its products include hydraulic parts, industrial parts, and car parts. The company covers mechanical parts, hydraulic valve bodies, compressors, transporters, construction machinery, agricultural machinery, ships, cranes, engines, transmissions, braking systems, spring brackets, and other parts. It also produces railway parts, Elevator pulleys, pumps, bolt mechanical parts, and product assembly operations. The company supplies its products to Asia; European and American countries.

Chia Yi Steel Co (ROCO:2067) Headlines

No Headlines