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RAC Electric Vehicles (ROCO:2237) Days Sales Outstanding : 70.44 (As of Jun. 2024)


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What is RAC Electric Vehicles Days Sales Outstanding?

RAC Electric Vehicles's average Accounts Receivable for the six months ended in Jun. 2024 was NT$155 Mil. RAC Electric Vehicles's Revenue for the six months ended in Jun. 2024 was NT$402 Mil. Hence, RAC Electric Vehicles's Days Sales Outstanding for the six months ended in Jun. 2024 was 70.44.

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

ROCO:2237' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.52   Med: 116.26   Max: 239.02
Current: 65.24

During the past 12 years, RAC Electric Vehicles's highest Days Sales Outstanding was 239.02. The lowest was 31.52. And the median was 116.26.

ROCO:2237's Days Sales Outstanding is ranked worse than
57.32% of 1298 companies
in the Vehicles & Parts industry
Industry Median: 60.065 vs ROCO:2237: 65.24

RAC Electric Vehicles's Days Sales Outstanding increased from Jun. 2023 (45.99) to Jun. 2024 (70.44).


RAC Electric Vehicles Days Sales Outstanding Historical Data

The historical data trend for RAC Electric Vehicles'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.

RAC Electric Vehicles Days Sales Outstanding Chart

RAC Electric Vehicles Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.02 157.51 222.26 71.95 31.52

RAC Electric Vehicles Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.58 42.80 45.99 55.92 70.44

Competitive Comparison of RAC Electric Vehicles's Days Sales Outstanding

For the Auto Manufacturers subindustry, RAC Electric Vehicles'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.


RAC Electric Vehicles's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, RAC Electric Vehicles's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where RAC Electric Vehicles's Days Sales Outstanding falls into.


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RAC Electric Vehicles 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.

RAC Electric Vehicles'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
=( (168.5 + 159.741) / 2 ) / 1900.551*365
=164.1205 / 1900.551*365
=31.52

RAC Electric Vehicles's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (159.741 + 150.214) / 2 ) / 401.505*365 / 2
=154.9775 / 401.505*365 / 2
=70.44

* 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.


RAC Electric Vehicles  (ROCO:2237) Days Sales Outstanding Explanation

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


RAC Electric Vehicles Days Sales Outstanding Related Terms

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


RAC Electric Vehicles Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Lane 291, Wuqing Road, Dayuan District, Taoyuan, TWN
RAC Electric Vehicles Inc is a Taiwan-licensed car manufacturer, to develop an all-electric low-floor city bus.

RAC Electric Vehicles Headlines

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