Proxene Tools Co (ROCO:6904) Days Sales Outstanding : 48.61 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Proxene Tools Co Days Sales Outstanding?

Proxene Tools Co's average Accounts Receivable for the three months ended in Sep. 2024 was NT$119.4 Mil. Proxene Tools Co's Revenue for the three months ended in Sep. 2024 was NT$224.2 Mil. Hence, Proxene Tools Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 48.61.

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

ROCO:6904' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.05 Med: 38.33 Max: 51.55
Current: 43.71

During the past 5 years, Proxene Tools Co's highest Days Sales Outstanding was 51.55. The lowest was 37.05. And the median was 38.33.

ROCO:6904's Days Sales Outstanding is ranked better than
87.58% of 2970 companies
in the Industrial Products industry
Industry Median: 80.9 vs ROCO:6904: 43.71

Proxene Tools Co's Days Sales Outstanding increased from Sep. 2023 (39.54) to Sep. 2024 (48.61).

Proxene Tools Co Days Sales Outstanding Historical Data

The historical data trend for Proxene Tools 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.

* Premium members only.

Proxene Tools Co Days Sales Outstanding Chart

Proxene Tools Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

49.19

51.55

38.04

37.05

38.33

Proxene Tools Co Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial										39.54	38.74	41.65	43.18	48.61

Competitive Comparison of Proxene Tools Co's Days Sales Outstanding

For the Tools & Accessories subindustry, Proxene Tools 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.

Proxene Tools Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proxene Tools Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Proxene Tools Co's Days Sales Outstanding falls into.

Proxene Tools 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.

Proxene Tools 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
=	( (95.933	+	96.363)	/	2 )	/	915.526	*	365
=	96.148					/	915.526	*	365
=	38.33

Proxene Tools Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (112.231	+	126.623)	/	2 )	/	224.168	*	365 / 4
=	119.427					/	224.168	*	365 / 4
=	48.61

Proxene Tools Co (ROCO:6904) Days Sales Outstanding Explanation

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

Proxene Tools Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Proxene Tools Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Proxene Tools Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proxene Tools Co Ltd (ROCO:6904) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Alley 28, Lane 360, Zhongshan Road, Shengang District, Taichung City, TWN, 42947

Website

https://www.proxene.com.tw

Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.

Proxene Tools Co Headlines

No Headlines