Tan De Tech Co (ROCO:6867) Days Sales Outstanding : 130.34 (As of Dec. 2023)

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What is Tan De Tech Co Days Sales Outstanding?

Tan De Tech Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$208.3 Mil. Tan De Tech Co's Revenue for the six months ended in Dec. 2023 was NT$291.7 Mil. Hence, Tan De Tech Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 130.34.

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

ROCO:6867' s Days Sales Outstanding Range Over the Past 10 Years
Min: 127.62 Med: 137.89 Max: 147.59
Current: 140.68

During the past 5 years, Tan De Tech Co's highest Days Sales Outstanding was 147.59. The lowest was 127.62. And the median was 137.89.

ROCO:6867's Days Sales Outstanding is ranked worse than
93.33% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs ROCO:6867: 140.68

Tan De Tech Co's Days Sales Outstanding increased from Dec. 2022 (110.52) to Dec. 2023 (130.34).

Tan De Tech Co Days Sales Outstanding Historical Data

The historical data trend for Tan De Tech 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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Tan De Tech Co Days Sales Outstanding Chart

Tan De Tech Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

132.67

147.59

137.89

127.62

137.99

Tan De Tech Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			133.02	121.45	110.52	155.64	130.34

Competitive Comparison of Tan De Tech Co's Days Sales Outstanding

For the Auto Parts subindustry, Tan De Tech 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.

Tan De Tech Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan De Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tan De Tech Co's Days Sales Outstanding falls into.

Tan De Tech 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.

Tan De Tech 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
=	( (210.401	+	199.628)	/	2 )	/	542.291	*	365
=	205.0145					/	542.291	*	365
=	137.99

Tan De Tech 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
=	( (217.024	+	199.628)	/	2 )	/	291.693	*	365 / 2
=	208.326					/	291.693	*	365 / 2
=	130.34

Tan De Tech Co (ROCO:6867) Days Sales Outstanding Explanation

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

Tan De Tech Co Days Sales Outstanding Related Terms

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Tan De Tech Co (ROCO:6867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tan De Tech Co Ltd (ROCO:6867) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Dougong 9th Road, Yunlin County, Douliu City, TWN, 64069

Website

http://www.tdtech.com.tw

Tan De Tech Co Ltd designs and manufactures vehicle parts. The firm produces car light guide plates, automotive LED headlights, light guide modules, LMT light distribution instruments, Side entry light guide, and signal lamp module.

Tan De Tech Co (ROCO:6867) Headlines

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