TaiRx (ROCO:6580) Days Sales Outstanding : 101.24 (As of Jun. 2024)

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What is TaiRx Days Sales Outstanding?

TaiRx's average Accounts Receivable for the six months ended in Jun. 2024 was NT$0.15 Mil. TaiRx's Revenue for the six months ended in Jun. 2024 was NT$0.27 Mil. Hence, TaiRx's Days Sales Outstanding for the six months ended in Jun. 2024 was 101.24.

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

ROCO:6580' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.09 Med: 205.02 Max: 282.63
Current: 10.09

During the past 9 years, TaiRx's highest Days Sales Outstanding was 282.63. The lowest was 10.09. And the median was 205.02.

ROCO:6580's Days Sales Outstanding is ranked better than
95.5% of 867 companies
in the Biotechnology industry
Industry Median: 70.69 vs ROCO:6580: 10.09

TaiRx's Days Sales Outstanding declined from Jun. 2023 (12,213.98) to Jun. 2024 (101.24).

TaiRx Days Sales Outstanding Historical Data

The historical data trend for TaiRx'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.

TaiRx Days Sales Outstanding Chart

TaiRx Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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157.63

282.63

252.40

142.09

129.78

TaiRx Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial														1,058.09	52.30	12,213.98	-	101.24

Competitive Comparison of TaiRx's Days Sales Outstanding

For the Biotechnology subindustry, TaiRx'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.

TaiRx's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, TaiRx's Days Sales Outstanding distribution charts can be found below:

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

TaiRx 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.

TaiRx'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
=	( (1.807	+	0)	/	1 )	/	5.082	*	365
=	1.807					/	5.082	*	365
=	129.78

TaiRx's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0.147)	/	1 )	/	0.265	*	365 / 2
=	0.147					/	0.265	*	365 / 2
=	101.24

TaiRx (ROCO:6580) Days Sales Outstanding Explanation

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

TaiRx Days Sales Outstanding Related Terms

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TaiRx Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » TaiRx Inc (ROCO:6580) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66, Sanchong Road, 1st Floor, 6th Floor, Nangang District, Taipei, TWN, 11502

Website

http://www.trx.com.tw

TaiRx Inc is a pharmaceutical company based in Taiwan. It develops new drug and also makes improvements on current standard treatments in order to promptly find cures for major diseases and fulfill unmet medical needs. The company focuses on the new drug development for Asian and global markets.

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