Chang Jia M&E Engineering (ROCO:4550) Days Sales Outstanding : 62.63 (As of Mar. 2024)

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What is Chang Jia M&E Engineering Days Sales Outstanding?

Chang Jia M&E Engineering's average Accounts Receivable for the three months ended in Mar. 2024 was NT$264 Mil. Chang Jia M&E Engineering's Revenue for the three months ended in Mar. 2024 was NT$385 Mil. Hence, Chang Jia M&E Engineering's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.63.

The historical rank and industry rank for Chang Jia M&E Engineering's Days Sales Outstanding or its related term are showing as below:

ROCO:4550' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.67 Med: 73.32 Max: 119.09
Current: 40.67

During the past 13 years, Chang Jia M&E Engineering's highest Days Sales Outstanding was 119.09. The lowest was 40.67. And the median was 73.32.

ROCO:4550's Days Sales Outstanding is ranked better than
81.72% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs ROCO:4550: 40.67

Chang Jia M&E Engineering's Days Sales Outstanding increased from Mar. 2023 (50.34) to Mar. 2024 (62.63).

Chang Jia M&E Engineering Days Sales Outstanding Historical Data

The historical data trend for Chang Jia M&E Engineering'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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Chang Jia M&E Engineering Days Sales Outstanding Chart

Chang Jia M&E Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.93

51.38

62.57

78.45

56.14

Chang Jia M&E Engineering 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															50.34	38.71	26.86	42.70	62.63

Competitive Comparison of Chang Jia M&E Engineering's Days Sales Outstanding

For the Engineering & Construction subindustry, Chang Jia M&E Engineering'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.

Chang Jia M&E Engineering's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chang Jia M&E Engineering's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chang Jia M&E Engineering's Days Sales Outstanding falls into.

Chang Jia M&E Engineering 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.

Chang Jia M&E Engineering'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
=	( (292.284	+	295.018)	/	2 )	/	1909.083	*	365
=	293.651					/	1909.083	*	365
=	56.14

Chang Jia M&E Engineering'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
=	( (295.018	+	233.002)	/	2 )	/	384.678	*	365 / 4
=	264.01					/	384.678	*	365 / 4
=	62.63

Chang Jia M&E Engineering (ROCO:4550) Days Sales Outstanding Explanation

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

Chang Jia M&E Engineering Days Sales Outstanding Related Terms

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Chang Jia M&E Engineering (ROCO:4550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chang Jia M&E Engineering Corp (ROCO:4550) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Number 1, Lane 10, Jihu Road, 8th Floor, Neihu District, Taipei, TWN, 114

Website

http://www.changjia.com.tw

Chang Jia M&E Engineering Corp is a Taiwan-based company involved in the field of electrical and mechanical engineering. It is centered on the construction of electrical, water, fire, monitoring, air conditioning, and clean room projects.

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