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High Power Lighting (ROCO:6559) Days Sales Outstanding : 48.06 (As of Dec. 2023)


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What is High Power Lighting Days Sales Outstanding?

High Power Lighting's average Accounts Receivable for the six months ended in Dec. 2023 was NT$8.48 Mil. High Power Lighting's Revenue for the six months ended in Dec. 2023 was NT$32.20 Mil. Hence, High Power Lighting's Days Sales Outstanding for the six months ended in Dec. 2023 was 48.06.

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

ROCO:6559' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.72   Med: 115.66   Max: 180.34
Current: 49.85

During the past 11 years, High Power Lighting's highest Days Sales Outstanding was 180.34. The lowest was 47.72. And the median was 115.66.

ROCO:6559's Days Sales Outstanding is ranked better than
82.31% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs ROCO:6559: 49.85

High Power Lighting's Days Sales Outstanding declined from Dec. 2022 (67.84) to Dec. 2023 (48.06).


High Power Lighting Days Sales Outstanding Historical Data

The historical data trend for High Power Lighting'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.

High Power Lighting Days Sales Outstanding Chart

High Power Lighting Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.34 65.29 52.30 56.75 47.72

High Power Lighting 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.89 61.74 67.84 53.66 48.06

Competitive Comparison of High Power Lighting's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, High Power Lighting'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.


High Power Lighting's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, High Power Lighting's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where High Power Lighting's Days Sales Outstanding falls into.



High Power Lighting 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.

High Power Lighting'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
=( (9.948 + 7.224) / 2 ) / 65.666*365
=8.586 / 65.666*365
=47.72

High Power Lighting'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
=( (9.732 + 7.224) / 2 ) / 32.197*365 / 2
=8.478 / 32.197*365 / 2
=48.06

* 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.


High Power Lighting  (ROCO:6559) Days Sales Outstanding Explanation

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


High Power Lighting Days Sales Outstanding Related Terms

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High Power Lighting (ROCO:6559) Business Description

Traded in Other Exchanges
N/A
Address
Number 173-8, Yongfeng Road, 2nd Floor, Tu Cheng District, New Taipei City, Taipei, TWN, 236
High Power Lighting Corp is involved in packaging, manufacturing, and designing of LED products. The company offers LED Lighting, Specialty UV, and IR Lighting & Plant-Growth Lighting.

High Power Lighting (ROCO:6559) Headlines

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