Far East Bio Tec Co (ROCO:6886) Days Sales Outstanding : 17.37 (As of Dec. 2023)

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What is Far East Bio Tec Co Days Sales Outstanding?

Far East Bio Tec Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$16.0 Mil. Far East Bio Tec Co's Revenue for the six months ended in Dec. 2023 was NT$168.5 Mil. Hence, Far East Bio Tec Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.37.

The historical rank and industry rank for Far East Bio Tec Co's Days Sales Outstanding or its related term are showing as below:

ROCO:6886' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.92 Med: 15.94 Max: 20.26
Current: 19.99

During the past 4 years, Far East Bio Tec Co's highest Days Sales Outstanding was 20.26. The lowest was 9.92. And the median was 15.94.

ROCO:6886's Days Sales Outstanding is ranked better than
78.52% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs ROCO:6886: 19.99

Far East Bio Tec Co's Days Sales Outstanding declined from Dec. 2022 (19.06) to Dec. 2023 (17.37).

Far East Bio Tec Co Days Sales Outstanding Historical Data

The historical data trend for Far East Bio Tec 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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Far East Bio Tec Co Days Sales Outstanding Chart

Far East Bio Tec Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

9.92

14.65

17.23

20.26

Far East Bio Tec Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			18.91	17.80	19.06	22.90	17.37

Competitive Comparison of Far East Bio Tec Co's Days Sales Outstanding

For the Packaged Foods subindustry, Far East Bio Tec 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.

Far East Bio Tec Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Far East Bio Tec Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Far East Bio Tec Co's Days Sales Outstanding falls into.

Far East Bio Tec 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.

Far East Bio Tec 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
=	( (18.237	+	15.756)	/	2 )	/	306.188	*	365
=	16.9965					/	306.188	*	365
=	20.26

Far East Bio Tec 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
=	( (16.316	+	15.756)	/	2 )	/	168.51	*	365 / 2
=	16.036					/	168.51	*	365 / 2
=	17.37

Far East Bio Tec Co (ROCO:6886) Days Sales Outstanding Explanation

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

Far East Bio Tec Co Days Sales Outstanding Related Terms

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Far East Bio Tec Co (ROCO:6886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Far East Bio Tec Co Ltd (ROCO:6886) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3. Yuan Chui Street, Room A, 13th Floor, Nan-Gang District, Taipei, TWN, 115

Website

https://www.febico.com.tw

Far East Bio Tec Co Ltd is a manufacturer of Organic Spirulina, Organic Chlorella, Spirulina natural, and Chlorella natural, nutritional supplements. The firm uses fermentation facilities to produce high-quality nattokinase and spore-forming probiotics. Its products comprise products Organic Spirulina, Organic Chlorella, Chlorella Growth Factor, Phycocyanin, Nattokinase, Lactobacillus sporogenes probiotics, Apogen Microalgae Protein, DHA Algae Oil.

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