Rapidtek Technologies (ROCO:6980) Days Sales Outstanding : 116.09 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Rapidtek Technologies Days Sales Outstanding?

Rapidtek Technologies's average Accounts Receivable for the six months ended in Jun. 2024 was NT$82.0 Mil. Rapidtek Technologies's Revenue for the six months ended in Jun. 2024 was NT$128.9 Mil. Hence, Rapidtek Technologies's Days Sales Outstanding for the six months ended in Jun. 2024 was 116.09.

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

ROCO:6980' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.38 Med: 75.45 Max: 93.72
Current: 93.72

During the past 3 years, Rapidtek Technologies's highest Days Sales Outstanding was 93.72. The lowest was 66.38. And the median was 75.45.

ROCO:6980's Days Sales Outstanding is ranked worse than
65.9% of 2440 companies
in the Hardware industry
Industry Median: 74.72 vs ROCO:6980: 93.72

Rapidtek Technologies's Days Sales Outstanding increased from Jun. 2023 (57.50) to Jun. 2024 (116.09).

Rapidtek Technologies Days Sales Outstanding Historical Data

The historical data trend for Rapidtek Technologies'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.

Rapidtek Technologies Days Sales Outstanding Chart

Rapidtek Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

89.53

66.38

75.45

Rapidtek Technologies Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial			68.59	63.48	57.50	84.68	116.09

Competitive Comparison of Rapidtek Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Rapidtek Technologies'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.

Rapidtek Technologies's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rapidtek Technologies's Days Sales Outstanding distribution charts can be found below:

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

Rapidtek Technologies 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.

Rapidtek Technologies'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
=	( (72.44	+	92.066)	/	2 )	/	397.885	*	365
=	82.253					/	397.885	*	365
=	75.45

Rapidtek Technologies'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
=	( (92.066	+	71.969)	/	2 )	/	128.935	*	365 / 2
=	82.0175					/	128.935	*	365 / 2
=	116.09

Rapidtek Technologies (ROCO:6980) Days Sales Outstanding Explanation

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

Rapidtek Technologies Days Sales Outstanding Related Terms

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

Rapidtek Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rapidtek Technologies Inc (ROCO:6980) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, Rm. 4, 20th Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN

Website

https://www.rapidtek.net/en

Rapidtek Technologies Inc is an antenna designer and RF testing manufacturer. The company covers market areas that cover semiconductor IC design, electronic manufacturing, the electric vehicle industry, the Internet of Things, downstream of the medical industry, and others. The products and services offered by the company includes mWave Test Solution, SmartAuto, and Advance RF RD Center.

Rapidtek Technologies Headlines

No Headlines