Chia Ta World Co (TPE:2033) Days Sales Outstanding : 56.65 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Chia Ta World Co Days Sales Outstanding?

Chia Ta World Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$84.3 Mil. Chia Ta World Co's Revenue for the three months ended in Mar. 2024 was NT$135.7 Mil. Hence, Chia Ta World Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.65.

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

TPE:2033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.26 Med: 49.24 Max: 55.23
Current: 55

During the past 13 years, Chia Ta World Co's highest Days Sales Outstanding was 55.23. The lowest was 41.26. And the median was 49.24.

TPE:2033's Days Sales Outstanding is ranked worse than
56.06% of 594 companies
in the Steel industry
Industry Median: 49.315 vs TPE:2033: 55.00

Chia Ta World Co's Days Sales Outstanding increased from Mar. 2023 (55.24) to Mar. 2024 (56.65).

Chia Ta World Co Days Sales Outstanding Historical Data

The historical data trend for Chia Ta World 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.

Chia Ta World Co Days Sales Outstanding Chart

Chia Ta World Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

41.26

46.24

50.60

51.25

54.25

Chia Ta World 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															55.24	54.40	59.98	49.88	56.65

Competitive Comparison of Chia Ta World Co's Days Sales Outstanding

For the Steel subindustry, Chia Ta World 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.

Chia Ta World Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chia Ta World Co's Days Sales Outstanding distribution charts can be found below:

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

Chia Ta World 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.

Chia Ta World 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
=	( (88.911	+	85.438)	/	2 )	/	586.548	*	365
=	87.1745					/	586.548	*	365
=	54.25

Chia Ta World 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
=	( (85.438	+	83.092)	/	2 )	/	135.731	*	365 / 4
=	84.265					/	135.731	*	365 / 4
=	56.65

Chia Ta World Co (TPE:2033) Days Sales Outstanding Explanation

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

Chia Ta World Co Days Sales Outstanding Related Terms

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

Chia Ta World Co (TPE:2033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chia Ta World Co Ltd (TPE:2033) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16 Lane 317, Chung Cheng North Road, YongKang District, Tainan, TWN

Website

http://www.ctworld.com.tw

Chia Ta World Co Ltd is engaged in the manufacturing, processing, and distribution of steel products like high carbon steel wires, galvanized steel wires, wire stands, ungalvanized steel bars, and pre stressed concrete steel bars. The Company's products products are widely used in Spring/Suspension Industry, Mattress Manufacturing, Pre-stressed Concrete Products Industry, Infrastructure (Bridges, Beams, and Civil Engineering), Construction Industry and much more.

Chia Ta World Co (TPE:2033) Headlines

No Headlines