Genesis Technology (ROCO:6221) Days Sales Outstanding : 51.24 (As of Mar. 2024)

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What is Genesis Technology Days Sales Outstanding?

Genesis Technology's average Accounts Receivable for the three months ended in Mar. 2024 was NT$615 Mil. Genesis Technology's Revenue for the three months ended in Mar. 2024 was NT$1,095 Mil. Hence, Genesis Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.24.

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

ROCO:6221' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.97 Med: 57.98 Max: 75.72
Current: 49.51

During the past 13 years, Genesis Technology's highest Days Sales Outstanding was 75.72. The lowest was 43.97. And the median was 57.98.

ROCO:6221's Days Sales Outstanding is ranked better than
65.14% of 2725 companies
in the Software industry
Industry Median: 61.83 vs ROCO:6221: 49.51

Genesis Technology's Days Sales Outstanding declined from Mar. 2023 (65.85) to Mar. 2024 (51.24).

Genesis Technology Days Sales Outstanding Historical Data

The historical data trend for Genesis Technology'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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Genesis Technology Days Sales Outstanding Chart

Genesis Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.78

43.97

49.29

54.73

55.18

Genesis Technology 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															65.85	51.93	50.45	49.89	51.24

Competitive Comparison of Genesis Technology's Days Sales Outstanding

For the Information Technology Services subindustry, Genesis Technology'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.

Genesis Technology's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Genesis Technology's Days Sales Outstanding falls into.

Genesis Technology 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.

Genesis Technology'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
=	( (1003.751	+	651.484)	/	2 )	/	5474.704	*	365
=	827.6175					/	5474.704	*	365
=	55.18

Genesis Technology'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
=	( (651.484	+	577.848)	/	2 )	/	1094.656	*	365 / 4
=	614.666					/	1094.656	*	365 / 4
=	51.24

Genesis Technology (ROCO:6221) Days Sales Outstanding Explanation

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

Genesis Technology Days Sales Outstanding Related Terms

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Genesis Technology (ROCO:6221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Genesis Technology Inc (ROCO:6221) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F, No.289 Kuang-Fu Road, Section 2, Hsinchu, TWN, 30071

Website

http://www.genesis.com.tw

Genesis Technology Inc provides business information software services to various enterprises in Taiwan. It offers systems integration technology and information management solutions, systems integration solutions, and software development services.

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