Hi Sharp Electronics Co (ROCO:3128) Days Sales Outstanding : 56.23 (As of Mar. 2024)

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What is Hi Sharp Electronics Co Days Sales Outstanding?

Hi Sharp Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$147.4 Mil. Hi Sharp Electronics Co's Revenue for the three months ended in Mar. 2024 was NT$239.1 Mil. Hence, Hi Sharp Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.23.

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

ROCO:3128' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.28 Med: 48.85 Max: 57.21
Current: 53.55

During the past 13 years, Hi Sharp Electronics Co's highest Days Sales Outstanding was 57.21. The lowest was 42.28. And the median was 48.85.

ROCO:3128's Days Sales Outstanding is ranked better than
56.22% of 1037 companies
in the Business Services industry
Industry Median: 58.74 vs ROCO:3128: 53.55

Hi Sharp Electronics Co's Days Sales Outstanding increased from Mar. 2023 (46.36) to Mar. 2024 (56.23).

Hi Sharp Electronics Co Days Sales Outstanding Historical Data

The historical data trend for Hi Sharp Electronics 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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Hi Sharp Electronics Co Days Sales Outstanding Chart

Hi Sharp Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.87

48.39

57.21

55.65

53.68

Hi Sharp Electronics 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															46.36	50.18	52.23	58.85	56.23

Competitive Comparison of Hi Sharp Electronics Co's Days Sales Outstanding

For the Security & Protection Services subindustry, Hi Sharp Electronics 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.

Hi Sharp Electronics Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hi Sharp Electronics Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hi Sharp Electronics Co's Days Sales Outstanding falls into.

Hi Sharp Electronics 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.

Hi Sharp Electronics 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
=	( (145.78	+	140.858)	/	2 )	/	974.467	*	365
=	143.319					/	974.467	*	365
=	53.68

Hi Sharp Electronics 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
=	( (140.858	+	153.904)	/	2 )	/	239.149	*	365 / 4
=	147.381					/	239.149	*	365 / 4
=	56.23

Hi Sharp Electronics Co (ROCO:3128) Days Sales Outstanding Explanation

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

Hi Sharp Electronics Co Days Sales Outstanding Related Terms

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Hi Sharp Electronics Co (ROCO:3128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hi Sharp Electronics Co Ltd (ROCO:3128) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 673, Chang Shing Road, Bade Dist, Taoyuan, TWN, 33452

Website

http://www.hisharp.com

Hi Sharp Electronics Co Ltd is a Taiwan based company engages in the manufacture and sale of electronic surveillance products. Its products include liquid crystal display, camera, digital video recorder, video server, and car safety system.

Hi Sharp Electronics Co (ROCO:3128) Headlines

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