Reliance Securities Co (ROCO:6027) Days Sales Outstanding : 340.12 (As of Dec. 2023)

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What is Reliance Securities Co Days Sales Outstanding?

Reliance Securities Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$646.3 Mil. Reliance Securities Co's Revenue for the six months ended in Dec. 2023 was NT$346.8 Mil. Hence, Reliance Securities Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 340.12.

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

ROCO:6027' s Days Sales Outstanding Range Over the Past 10 Years
Min: 398.73 Med: 780.08 Max: 7589.91
Current: 427.46

During the past 11 years, Reliance Securities Co's highest Days Sales Outstanding was 7589.91. The lowest was 398.73. And the median was 780.08.

ROCO:6027's Days Sales Outstanding is ranked worse than
84.01% of 563 companies
in the Capital Markets industry
Industry Median: 62.37 vs ROCO:6027: 427.46

Reliance Securities Co's Days Sales Outstanding declined from Dec. 2022 (1,688.15) to Dec. 2023 (340.12).

Reliance Securities Co Days Sales Outstanding Historical Data

The historical data trend for Reliance Securities 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.

* Premium members only.

Reliance Securities Co Days Sales Outstanding Chart

Reliance Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7,589.91

726.47

619.61

1,625.01

398.73

Reliance Securities 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															1,059.11	1,909.32	1,688.15	726.96	340.12

Competitive Comparison of Reliance Securities Co's Days Sales Outstanding

For the Capital Markets subindustry, Reliance Securities 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.

Reliance Securities Co's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Reliance Securities Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Reliance Securities Co's Days Sales Outstanding falls into.

Reliance Securities 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.

Reliance Securities 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
=	( (360.448	+	667.542)	/	2 )	/	470.517	*	365
=	513.995					/	470.517	*	365
=	398.73

Reliance Securities 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
=	( (625.124	+	667.542)	/	2 )	/	346.806	*	365 / 2
=	646.333					/	346.806	*	365 / 2
=	340.12

Reliance Securities Co (ROCO:6027) Days Sales Outstanding Explanation

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

Reliance Securities Co Days Sales Outstanding Related Terms

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Reliance Securities Co (ROCO:6027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Reliance Securities Co Ltd (ROCO:6027) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinsheng South Road, 100 3rd Floor, Number 50, Section 1, Zhongzheng District, Taipei, TWN

Website

http://www.rsc.com.tw

Reliance Securities Co Ltd is engaged in providing integrated investment platform and professional investment services in Taiwan. It presents investors with securities brokerage, futures, warrants, agency funds, discretionary entrustment, re-trust business, underwriting, and bonds.

Reliance Securities Co (ROCO:6027) Headlines

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