Horng Tong Enterprise Co (ROCO:5271) Days Sales Outstanding : 144.87 (As of Dec. 2023)

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What is Horng Tong Enterprise Co Days Sales Outstanding?

Horng Tong Enterprise Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$238.5 Mil. Horng Tong Enterprise Co's Revenue for the six months ended in Dec. 2023 was NT$300.4 Mil. Hence, Horng Tong Enterprise Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 144.87.

The historical rank and industry rank for Horng Tong Enterprise Co's Days Sales Outstanding or its related term are showing as below:

ROCO:5271' s Days Sales Outstanding Range Over the Past 10 Years
Min: 144 Med: 153.77 Max: 187.05
Current: 145.24

During the past 13 years, Horng Tong Enterprise Co's highest Days Sales Outstanding was 187.05. The lowest was 144.00. And the median was 153.77.

ROCO:5271's Days Sales Outstanding is ranked worse than
87.47% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs ROCO:5271: 145.24

Horng Tong Enterprise Co's Days Sales Outstanding declined from Dec. 2022 (148.01) to Dec. 2023 (144.87).

Horng Tong Enterprise Co Days Sales Outstanding Historical Data

The historical data trend for Horng Tong Enterprise 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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Horng Tong Enterprise Co Days Sales Outstanding Chart

Horng Tong Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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145.83

148.04

159.88

166.34

144.84

Horng Tong Enterprise Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															143.21	164.81	148.01	146.07	144.87

Competitive Comparison of Horng Tong Enterprise Co's Days Sales Outstanding

For the Computer Hardware subindustry, Horng Tong Enterprise 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.

Horng Tong Enterprise Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Horng Tong Enterprise Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Horng Tong Enterprise Co's Days Sales Outstanding falls into.

Horng Tong Enterprise 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.

Horng Tong Enterprise Co'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
=	( (209.353	+	246.882)	/	2 )	/	574.878	*	365
=	228.1175					/	574.878	*	365
=	144.84

Horng Tong Enterprise Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (230.024	+	246.882)	/	2 )	/	300.399	*	365 / 2
=	238.453					/	300.399	*	365 / 2
=	144.87

Horng Tong Enterprise Co (ROCO:5271) Days Sales Outstanding Explanation

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

Horng Tong Enterprise Co Days Sales Outstanding Related Terms

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Horng Tong Enterprise Co (ROCO:5271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Horng Tong Enterprise Co Ltd (ROCO:5271) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F Unit 7-8, Zhong-Xing Road, Section 1, Wugo District, New Taipei City, TWN, 248

Website

http://www.hometom.com.tw

Horng Tong Enterprise Co Ltd is a Taiwan based connector provider company. The company is engaged in designing, manufacturing and sales of consumer electronics products. Its main products include Motherboard, Notebook, connectors and TV/SET TOP BOX.

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