Chieftek Precision Co (TPE:1597) Days Sales Outstanding : 86.20 (As of Mar. 2024)

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What is Chieftek Precision Co Days Sales Outstanding?

Chieftek Precision Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$240 Mil. Chieftek Precision Co's Revenue for the three months ended in Mar. 2024 was NT$254 Mil. Hence, Chieftek Precision Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.20.

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

TPE:1597' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.09 Med: 87.4 Max: 120.42
Current: 86.28

During the past 13 years, Chieftek Precision Co's highest Days Sales Outstanding was 120.42. The lowest was 73.09. And the median was 87.40.

TPE:1597's Days Sales Outstanding is ranked worse than
56.18% of 2960 companies
in the Industrial Products industry
Industry Median: 79.61 vs TPE:1597: 86.28

Chieftek Precision Co's Days Sales Outstanding increased from Mar. 2023 (81.64) to Mar. 2024 (86.20).

Chieftek Precision Co Days Sales Outstanding Historical Data

The historical data trend for Chieftek Precision 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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Chieftek Precision Co Days Sales Outstanding Chart

Chieftek Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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102.63

84.98

73.33

76.23

86.01

Chieftek Precision 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															81.64	81.25	85.49	85.48	86.20

Competitive Comparison of Chieftek Precision Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Chieftek Precision 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.

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

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

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

Chieftek Precision 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.

Chieftek Precision 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
=	( (281.809	+	224.709)	/	2 )	/	1074.754	*	365
=	253.259					/	1074.754	*	365
=	86.01

Chieftek Precision 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
=	( (224.709	+	255.277)	/	2 )	/	254.039	*	365 / 4
=	239.993					/	254.039	*	365 / 4
=	86.20

Chieftek Precision Co (TPE:1597) Days Sales Outstanding Explanation

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

Chieftek Precision Co Days Sales Outstanding Related Terms

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Chieftek Precision Co (TPE:1597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chieftek Precision Co Ltd (TPE:1597) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 3, Dali 1st Road, Sourthern taiwan Science Park, Xinshi District, Tainan, TWN, 741-45

Website

http://www.chieftek.com

Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. It involves in manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and Ironless Linear Motor. Its products are applied in the industries requiring precise positioning applications, such as precision machinery, automation equipment, various power transmission applications, semiconductor manufacturing equipment, and medical equipment.

Chieftek Precision Co (TPE:1597) Headlines

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