Chang Type Industrial Co (TPE:1541) Days Sales Outstanding : 157.62 (As of Mar. 2024)

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What is Chang Type Industrial Co Days Sales Outstanding?

Chang Type Industrial Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,246 Mil. Chang Type Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$721 Mil. Hence, Chang Type Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 157.62.

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

TPE:1541' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.82 Med: 122.78 Max: 148.08
Current: 114.99

During the past 13 years, Chang Type Industrial Co's highest Days Sales Outstanding was 148.08. The lowest was 103.82. And the median was 122.78.

TPE:1541's Days Sales Outstanding is ranked worse than
74.03% of 2942 companies
in the Industrial Products industry
Industry Median: 79.805 vs TPE:1541: 114.99

Chang Type Industrial Co's Days Sales Outstanding increased from Mar. 2023 (128.53) to Mar. 2024 (157.62).

Chang Type Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Chang Type Industrial 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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Chang Type Industrial Co Days Sales Outstanding Chart

Chang Type Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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109.25

106.43

125.79

148.08

120.94

Chang Type Industrial Co 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															128.53	93.41	138.93	101.94	157.62

Competitive Comparison of Chang Type Industrial Co's Days Sales Outstanding

For the Tools & Accessories subindustry, Chang Type Industrial 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.

Chang Type Industrial Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Chang Type Industrial 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.

Chang Type Industrial 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
=	( (896.111	+	1342.435)	/	2 )	/	3378.03	*	365
=	1119.273					/	3378.03	*	365
=	120.94

Chang Type Industrial Co'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
=	( (1342.435	+	1150.012)	/	2 )	/	721.477	*	365 / 4
=	1246.2235					/	721.477	*	365 / 4
=	157.62

Chang Type Industrial Co (TPE:1541) Days Sales Outstanding Explanation

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

Chang Type Industrial Co Days Sales Outstanding Related Terms

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Chang Type Industrial Co (TPE:1541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chang Type Industrial Co Ltd (TPE:1541) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127

Website

https://www.toty.com.tw

Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

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