Kinik Co (TPE:1560) Days Sales Outstanding : 57.03 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Kinik Co Days Sales Outstanding?

Kinik Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$997 Mil. Kinik Co's Revenue for the three months ended in Mar. 2024 was NT$1,595 Mil. Hence, Kinik Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.03.

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

TPE:1560' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.26 Med: 58.61 Max: 64.21
Current: 56.01

During the past 13 years, Kinik Co's highest Days Sales Outstanding was 64.21. The lowest was 53.26. And the median was 58.61.

TPE:1560's Days Sales Outstanding is ranked better than
76.19% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs TPE:1560: 56.01

Kinik Co's Days Sales Outstanding declined from Mar. 2023 (57.04) to Mar. 2024 (57.03).

Kinik Co Days Sales Outstanding Historical Data

The historical data trend for Kinik 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.

Kinik Co Days Sales Outstanding Chart

Kinik Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

64.21

58.80

57.53

53.26

57.27

Kinik 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															57.04	54.66	54.72	58.35	57.03

Competitive Comparison of Kinik Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Kinik 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.

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

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

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

Kinik 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.

Kinik 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
=	( (1003.447	+	998.876)	/	2 )	/	6380.904	*	365
=	1001.1615					/	6380.904	*	365
=	57.27

Kinik 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
=	( (998.876	+	994.946)	/	2 )	/	1595.178	*	365 / 4
=	996.911					/	1595.178	*	365 / 4
=	57.03

Kinik Co (TPE:1560) Days Sales Outstanding Explanation

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

Kinik Co Days Sales Outstanding Related Terms

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

Kinik Co (TPE:1560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kinik Co (TPE:1560) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Yenping South Road, Taipei, TWN, 10043

Website

https://www.kinik.com

Kinik is a Taiwan-based company that primarily manufactures and distributes grinding wheels, diamond tools, and reclaimed wafers. The company's products fall into three categories. The traditional product type comprises a wide range of grinding wheels used in machinery components, steelmaking, modules, semiconductor, glass manufacturing, and others. The diamond tool category comprises various blade products, cutters, diamond dressers, and other products, which are used in stone processing and semiconductor dressing applications. The wafer product category primarily consists of wafers resourced from monitor wafters and dummy wafers. Wafer reclamation helps lower costs of factory. Kinik generates the majority of its revenue from the Taiwan domestic market.

Kinik Co (TPE:1560) Headlines

No Headlines