Cincon Electronics Co (ROCO:3332) Days Sales Outstanding : 47.88 (As of Mar. 2024)

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What is Cincon Electronics Co Days Sales Outstanding?

Cincon Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$178 Mil. Cincon Electronics Co's Revenue for the three months ended in Mar. 2024 was NT$339 Mil. Hence, Cincon Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.88.

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

ROCO:3332' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.22 Med: 51.44 Max: 57.88
Current: 52.3

During the past 13 years, Cincon Electronics Co's highest Days Sales Outstanding was 57.88. The lowest was 48.22. And the median was 51.44.

ROCO:3332's Days Sales Outstanding is ranked better than
79.96% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs ROCO:3332: 52.30

Cincon Electronics Co's Days Sales Outstanding declined from Mar. 2023 (51.37) to Mar. 2024 (47.88).

Cincon Electronics Co Days Sales Outstanding Historical Data

The historical data trend for Cincon 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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Cincon Electronics Co Days Sales Outstanding Chart

Cincon Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.32

48.22

55.12

48.60

50.36

Cincon 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															51.37	48.69	59.25	52.45	47.88

Competitive Comparison of Cincon Electronics Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Cincon 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.

Cincon Electronics Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Cincon 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.

Cincon 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
=	( (237.946	+	147.52)	/	2 )	/	1397.026	*	365
=	192.733					/	1397.026	*	365
=	50.36

Cincon 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
=	( (147.52	+	208.493)	/	2 )	/	339.241	*	365 / 4
=	178.0065					/	339.241	*	365 / 4
=	47.88

Cincon Electronics Co (ROCO:3332) Days Sales Outstanding Explanation

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

Cincon Electronics Co Days Sales Outstanding Related Terms

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Cincon Electronics Co (ROCO:3332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cincon Electronics Co Ltd (ROCO:3332) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

14th Floor No. 306, Hsin Yi Road, Taiepi, TWN

Website

http://www.cincon.com.tw

Cincon Electronics Co Ltd is a supplier of switch mode power conversion products to the communications, computer, industrial, medical, and consumer markets globally. Its products include battery chargers, and mobile phone battery converters, among others.

Cincon Electronics Co (ROCO:3332) Headlines

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