Carnival Industrial (TPE:1417) Days Sales Outstanding : 88.50 (As of Mar. 2024)

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What is Carnival Industrial Days Sales Outstanding?

Carnival Industrial's average Accounts Receivable for the three months ended in Mar. 2024 was NT$231 Mil. Carnival Industrial's Revenue for the three months ended in Mar. 2024 was NT$238 Mil. Hence, Carnival Industrial's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.50.

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

TPE:1417' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.83 Med: 41.42 Max: 89.97
Current: 67.24

During the past 13 years, Carnival Industrial's highest Days Sales Outstanding was 89.97. The lowest was 34.83. And the median was 41.42.

TPE:1417's Days Sales Outstanding is ranked worse than
84.57% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 18.06 vs TPE:1417: 67.24

Carnival Industrial's Days Sales Outstanding increased from Mar. 2023 (70.73) to Mar. 2024 (88.50).

Carnival Industrial Days Sales Outstanding Historical Data

The historical data trend for Carnival Industrial'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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Carnival Industrial Days Sales Outstanding Chart

Carnival Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.42

43.47

61.75

89.97

76.68

Carnival Industrial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															70.73	67.56	64.88	54.65	88.50

Competitive Comparison of Carnival Industrial's Days Sales Outstanding

For the Apparel Retail subindustry, Carnival Industrial'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.

Carnival Industrial's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's Days Sales Outstanding distribution charts can be found below:

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

Carnival Industrial 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.

Carnival Industrial'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
=	( (358.205	+	270.413)	/	2 )	/	1496.178	*	365
=	314.309					/	1496.178	*	365
=	76.68

Carnival Industrial's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (270.413	+	190.876)	/	2 )	/	237.813	*	365 / 4
=	230.6445					/	237.813	*	365 / 4
=	88.50

Carnival Industrial (TPE:1417) Days Sales Outstanding Explanation

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

Carnival Industrial Days Sales Outstanding Related Terms

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Carnival Industrial (TPE:1417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Carnival Industrial Corp (TPE:1417) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, 25 Jen Ai Road.Sector 4, Taipei, TWN

Website

https://www.carnival.com.tw

Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms men's and women's garments including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. It has two reportable segments that include the Apparel sales department and the Garment production department. The majority of the revenue comes from the Apparel sales department.

Carnival Industrial (TPE:1417) Headlines

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