Chernan Metal Industrial (ROCO:3631) Days Sales Outstanding : 85.32 (As of Mar. 2024)

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What is Chernan Metal Industrial Days Sales Outstanding?

Chernan Metal Industrial's average Accounts Receivable for the three months ended in Mar. 2024 was NT$7.24 Mil. Chernan Metal Industrial's Revenue for the three months ended in Mar. 2024 was NT$7.75 Mil. Hence, Chernan Metal Industrial's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.32.

The historical rank and industry rank for Chernan Metal Industrial's Days Sales Outstanding or its related term are showing as below:

ROCO:3631' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.95 Med: 65.42 Max: 80.04
Current: 55.52

During the past 13 years, Chernan Metal Industrial's highest Days Sales Outstanding was 80.04. The lowest was 24.95. And the median was 65.42.

ROCO:3631's Days Sales Outstanding is ranked better than
76.61% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs ROCO:3631: 55.52

Chernan Metal Industrial's Days Sales Outstanding increased from Mar. 2023 (60.14) to Mar. 2024 (85.32).

Chernan Metal Industrial Days Sales Outstanding Historical Data

The historical data trend for Chernan Metal Industrial'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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Chernan Metal Industrial Days Sales Outstanding Chart

Chernan Metal Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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66.51

80.04

68.58

66.74

67.53

Chernan Metal Industrial 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															60.14	35.82	72.68	73.67	85.32

Competitive Comparison of Chernan Metal Industrial's Days Sales Outstanding

For the Metal Fabrication subindustry, Chernan Metal Industrial'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.

Chernan Metal Industrial's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chernan Metal Industrial's Days Sales Outstanding falls into.

Chernan Metal Industrial 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.

Chernan Metal Industrial'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
=	( (14.184	+	9.998)	/	2 )	/	65.356	*	365
=	12.091					/	65.356	*	365
=	67.53

Chernan Metal Industrial'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
=	( (9.998	+	4.486)	/	2 )	/	7.745	*	365 / 4
=	7.242					/	7.745	*	365 / 4
=	85.32

Chernan Metal Industrial (ROCO:3631) Days Sales Outstanding Explanation

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

Chernan Metal Industrial Days Sales Outstanding Related Terms

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Chernan Metal Industrial (ROCO:3631) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chernan Metal Industrial Corp (ROCO:3631) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN

Website

http://www.chernan.com

Chernan Metal Industrial Corp manufactures and sells tin and soldering products. The Group's reportable segments are divided into two parts, the domestic segment, and the overseas segment. The domestic business mainly manufactures and sells soldering products and trades semiconductor products. The overseas business mainly manufactures and sells soldered products.

Chernan Metal Industrial (ROCO:3631) Headlines

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