CTCI Advanced Systems (ROCO:5209) Days Sales Outstanding : 78.48 (As of Mar. 2024)

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What is CTCI Advanced Systems Days Sales Outstanding?

CTCI Advanced Systems's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,450 Mil. CTCI Advanced Systems's Revenue for the three months ended in Mar. 2024 was NT$1,685 Mil. Hence, CTCI Advanced Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.48.

The historical rank and industry rank for CTCI Advanced Systems's Days Sales Outstanding or its related term are showing as below:

ROCO:5209' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.74 Med: 82.78 Max: 178.43
Current: 54.59

During the past 13 years, CTCI Advanced Systems's highest Days Sales Outstanding was 178.43. The lowest was 31.74. And the median was 82.78.

ROCO:5209's Days Sales Outstanding is ranked better than
58.63% of 2734 companies
in the Software industry
Industry Median: 61.68 vs ROCO:5209: 54.59

CTCI Advanced Systems's Days Sales Outstanding increased from Mar. 2023 (58.30) to Mar. 2024 (78.48).

CTCI Advanced Systems Days Sales Outstanding Historical Data

The historical data trend for CTCI Advanced Systems'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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CTCI Advanced Systems Days Sales Outstanding Chart

CTCI Advanced Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.74

35.80

40.73

52.64

55.67

CTCI Advanced Systems 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															58.30	42.91	44.08	50.34	78.48

Competitive Comparison of CTCI Advanced Systems's Days Sales Outstanding

For the Information Technology Services subindustry, CTCI Advanced Systems'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.

CTCI Advanced Systems's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, CTCI Advanced Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CTCI Advanced Systems's Days Sales Outstanding falls into.

CTCI Advanced Systems 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.

CTCI Advanced Systems'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
=	( (703.175	+	1361.889)	/	2 )	/	6770.194	*	365
=	1032.532					/	6770.194	*	365
=	55.67

CTCI Advanced Systems'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
=	( (1361.889	+	1537.263)	/	2 )	/	1685.378	*	365 / 4
=	1449.576					/	1685.378	*	365 / 4
=	78.48

CTCI Advanced Systems (ROCO:5209) Days Sales Outstanding Explanation

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

CTCI Advanced Systems Days Sales Outstanding Related Terms

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CTCI Advanced Systems (ROCO:5209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CTCI Advanced Systems Inc (ROCO:5209) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11th Floor, No.16, Fushan Road, Beitou District, Taipei, TWN, 112037

Website

https://www.ctci.com

CTCI Advanced Systems Inc provides engineering research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware within computers and control systems, import and sales of computers software, hardware, and instruments. It also provides information software, data processing, digital information development and application services, providing energy technology and internet identification services, providing automation control, traffic tracking, communication engineering, safety equipment, piping engineering, mechatronics service, and consulting of engineering and management.

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