Gold Rain Enterprises (ROCO:4503) Days Sales Outstanding : 79.85 (As of Mar. 2024)

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What is Gold Rain Enterprises Days Sales Outstanding?

Gold Rain Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was NT$70.2 Mil. Gold Rain Enterprises's Revenue for the three months ended in Mar. 2024 was NT$80.2 Mil. Hence, Gold Rain Enterprises's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.85.

The historical rank and industry rank for Gold Rain Enterprises's Days Sales Outstanding or its related term are showing as below:

ROCO:4503' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.68 Med: 88.08 Max: 164.15
Current: 81.22

During the past 13 years, Gold Rain Enterprises's highest Days Sales Outstanding was 164.15. The lowest was 40.68. And the median was 88.08.

ROCO:4503's Days Sales Outstanding is ranked worse than
51.69% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs ROCO:4503: 81.22

Gold Rain Enterprises's Days Sales Outstanding declined from Mar. 2023 (80.90) to Mar. 2024 (79.85).

Gold Rain Enterprises Days Sales Outstanding Historical Data

The historical data trend for Gold Rain Enterprises'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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Gold Rain Enterprises Days Sales Outstanding Chart

Gold Rain Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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108.24

164.15

92.40

64.41

70.54

Gold Rain Enterprises 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															80.90	80.92	93.39	84.77	79.85

Competitive Comparison of Gold Rain Enterprises's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.

Gold Rain Enterprises's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gold Rain Enterprises's Days Sales Outstanding falls into.

Gold Rain Enterprises 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.

Gold Rain Enterprises'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
=	( (36.333	+	69.862)	/	2 )	/	274.751	*	365
=	53.0975					/	274.751	*	365
=	70.54

Gold Rain Enterprises'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
=	( (69.862	+	70.575)	/	2 )	/	80.248	*	365 / 4
=	70.2185					/	80.248	*	365 / 4
=	79.85

Gold Rain Enterprises (ROCO:4503) Days Sales Outstanding Explanation

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

Gold Rain Enterprises Days Sales Outstanding Related Terms

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Gold Rain Enterprises (ROCO:4503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gold Rain Enterprises Corp (ROCO:4503) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 101, Lane 411, PU-NEI Street, Yen-Ho Li, Chang Hua, TWN

Website

http://www.alona.com.tw

Gold Rain Enterprises Corp is a Taiwan based manufacturer of vending machines. It offers KIOSK information service machines comprising of digital vending machines, post machines, digital photo printers, knocking gamers, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with complete production line tools, such as various types of molds, punching beds, laser cutting, painting, welding and assembly lines.

Gold Rain Enterprises (ROCO:4503) Headlines

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