Taiwan Glass Ind (TPE:1802) Days Sales Outstanding : 36.65 (As of Mar. 2024)

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What is Taiwan Glass Ind Days Sales Outstanding?

Taiwan Glass Ind's average Accounts Receivable for the three months ended in Mar. 2024 was NT$3,962 Mil. Taiwan Glass Ind's Revenue for the three months ended in Mar. 2024 was NT$9,866 Mil. Hence, Taiwan Glass Ind's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.65.

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

TPE:1802' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.13 Med: 40.84 Max: 48.04
Current: 32.13

During the past 13 years, Taiwan Glass Ind's highest Days Sales Outstanding was 48.04. The lowest was 32.13. And the median was 40.84.

TPE:1802's Days Sales Outstanding is ranked better than
74.87% of 382 companies
in the Building Materials industry
Industry Median: 54.48 vs TPE:1802: 32.13

Taiwan Glass Ind's Days Sales Outstanding declined from Mar. 2023 (38.91) to Mar. 2024 (36.65).

Taiwan Glass Ind Days Sales Outstanding Historical Data

The historical data trend for Taiwan Glass Ind'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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Taiwan Glass Ind Days Sales Outstanding Chart

Taiwan Glass Ind Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.71

38.92

34.42

41.68

33.82

Taiwan Glass Ind 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															38.91	31.11	30.71	31.79	36.65

Competitive Comparison of Taiwan Glass Ind's Days Sales Outstanding

For the Building Materials subindustry, Taiwan Glass Ind'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.

Taiwan Glass Ind's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's Days Sales Outstanding falls into.

Taiwan Glass Ind 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.

Taiwan Glass Ind'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
=	( (4493.995	+	3958.954)	/	2 )	/	45619.038	*	365
=	4226.4745					/	45619.038	*	365
=	33.82

Taiwan Glass Ind'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
=	( (3958.954	+	3965.284)	/	2 )	/	9865.814	*	365 / 4
=	3962.119					/	9865.814	*	365 / 4
=	36.65

Taiwan Glass Ind (TPE:1802) Days Sales Outstanding Explanation

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

Taiwan Glass Ind Days Sales Outstanding Related Terms

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Taiwan Glass Ind (TPE:1802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Glass Ind Corp (TPE:1802) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 261, Nanjing East Road, 11th Floor, Section 3, Taiwan Glass Building, Songshan District, Taipei, TWN, 105-405

Website

http://www.taiwanglass.com

Taiwan Glass Ind Corp manufactures and sells a variety of glass products. It operates plants that create and mold glass into glass panes, fiberglass, bottles, and jars, based on specific customer needs. The firm's product categories include flat glass, fiberglass, as well as container, tableware, and kitchenware. The flat glass products are sold to the construction and automobile industries and are used for windows and mirrors. The container, tableware, and kitchenware products are sold to the food, beverage, and pharmaceutical industries.

Taiwan Glass Ind (TPE:1802) Headlines

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