Miramar Hospitality Co (ROCO:2730) Days Sales Outstanding : 9.95 (As of Jun. 2023)

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What is Miramar Hospitality Co Days Sales Outstanding?

Miramar Hospitality Co's average Accounts Receivable for the six months ended in Jun. 2023 was NT$4.9 Mil. Miramar Hospitality Co's Revenue for the six months ended in Jun. 2023 was NT$89.0 Mil. Hence, Miramar Hospitality Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 9.95.

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

ROCO:2730' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.12 Med: 14.06 Max: 26.45
Current: 26.45

During the past 13 years, Miramar Hospitality Co's highest Days Sales Outstanding was 26.45. The lowest was 9.12. And the median was 14.06.

ROCO:2730's Days Sales Outstanding is not ranked
in the Travel & Leisure industry.
Industry Median: 28.27 vs ROCO:2730: 26.45

Miramar Hospitality Co's Days Sales Outstanding declined from Jun. 2022 (25.53) to Jun. 2023 (9.95).

Miramar Hospitality Co Days Sales Outstanding Historical Data

The historical data trend for Miramar Hospitality 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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Miramar Hospitality Co Days Sales Outstanding Chart

Miramar Hospitality Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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17.95

16.43

26.03

9.40

9.12

Miramar Hospitality Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															5.33	6.61	25.53	32.58	9.95

Competitive Comparison of Miramar Hospitality Co's Days Sales Outstanding

For the Lodging subindustry, Miramar Hospitality 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.

Miramar Hospitality Co's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Miramar Hospitality Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Miramar Hospitality Co's Days Sales Outstanding falls into.

Miramar Hospitality 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.

Miramar Hospitality 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
=	( (9.448	+	0.266)	/	2 )	/	194.461	*	365
=	4.857					/	194.461	*	365
=	9.12

Miramar Hospitality Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.266	+	9.436)	/	2 )	/	88.989	*	365 / 2
=	4.851					/	88.989	*	365 / 2
=	9.95

Miramar Hospitality Co (ROCO:2730) Days Sales Outstanding Explanation

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

Miramar Hospitality Co Days Sales Outstanding Related Terms

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Miramar Hospitality Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Miramar Hospitality Co Ltd (ROCO:2730) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

83 Civic Boulevard, Section 3, Taipei, TWN

Website

http://www.miramargarden.com.tw

Miramar Hospitality Co Ltd is a Taiwan based restaurant operating company. It is engaged in the operation of hotel business, cafes, bars, conference rooms, and gym and sauna store. The company offers hotel rooms, catering, and health club service.

Miramar Hospitality Co Headlines

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