New Best Wire Industrial Co (ROCO:5013) Days Sales Outstanding : 64.73 (As of Dec. 2024)

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What is New Best Wire Industrial Co Days Sales Outstanding?

New Best Wire Industrial Co's average Accounts Receivable for the three months ended in Dec. 2024 was NT$1,527 Mil. New Best Wire Industrial Co's Revenue for the three months ended in Dec. 2024 was NT$2,152 Mil. Hence, New Best Wire Industrial Co's Days Sales Outstanding for the three months ended in Dec. 2024 was 64.73.

The historical rank and industry rank for New Best Wire Industrial Co's Days Sales Outstanding or its related term are showing as below:

ROCO:5013' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.76 Med: 72.4 Max: 79.63
Current: 67.44

During the past 13 years, New Best Wire Industrial Co's highest Days Sales Outstanding was 79.63. The lowest was 62.76. And the median was 72.40.

ROCO:5013's Days Sales Outstanding is ranked better than
63.58% of 2974 companies
in the Industrial Products industry
Industry Median: 80.835 vs ROCO:5013: 67.44

New Best Wire Industrial Co's Days Sales Outstanding declined from Dec. 2023 (68.96) to Dec. 2024 (64.73).

New Best Wire Industrial Co Days Sales Outstanding Historical Data

The historical data trend for New Best Wire Industrial 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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New Best Wire Industrial Co Days Sales Outstanding Chart

New Best Wire Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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79.63

62.76

66.05

72.95

73.16

New Best Wire Industrial Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															68.96	72.25	63.86	63.79	64.73

Competitive Comparison of New Best Wire Industrial Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, New Best Wire Industrial 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.

New Best Wire Industrial Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where New Best Wire Industrial Co's Days Sales Outstanding falls into.

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New Best Wire Industrial 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.

New Best Wire Industrial Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1535.618	+	1647.491)	/	2 )	/	7939.844	*	365
=	1591.5545					/	7939.844	*	365
=	73.16

New Best Wire Industrial Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1406.211	+	1647.491)	/	2 )	/	2152.371	*	365 / 4
=	1526.851					/	2152.371	*	365 / 4
=	64.73

New Best Wire Industrial Co (ROCO:5013) Days Sales Outstanding Explanation

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

New Best Wire Industrial Co Days Sales Outstanding Related Terms

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New Best Wire Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » New Best Wire Industrial Co Ltd (ROCO:5013) » Definitions » Days Sales Outstanding

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Address

No. 12-19, Lai Guan Liau, Chia Lie Cheng, 722 Jiali District, Tainan, TWN

Website

https://www.newbest.com.tw

New Best Wire Industrial Co Ltd engages in wire and electro-polishing (EP) Stainless Steel Pipe businesses in Taiwan. Its wire business provides stainless, carbon, & wire alloy steel, wires electrolytic polishing tubes and others. Its wire products are used for cold heading, cold forging, & hardware use, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The company operates in Taiwan and China.

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