Cheng Shin Rubber Industry Co (TPE:2105) Days Sales Outstanding : 39.03 (As of Jun. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Cheng Shin Rubber Industry Co Days Sales Outstanding?

Cheng Shin Rubber Industry Co's average Accounts Receivable for the three months ended in Jun. 2024 was NT$10,413 Mil. Cheng Shin Rubber Industry Co's Revenue for the three months ended in Jun. 2024 was NT$24,346 Mil. Hence, Cheng Shin Rubber Industry Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 39.03.

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

TPE:2105' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.99 Med: 33.21 Max: 52.12
Current: 52.12

During the past 13 years, Cheng Shin Rubber Industry Co's highest Days Sales Outstanding was 52.12. The lowest was 24.99. And the median was 33.21.

TPE:2105's Days Sales Outstanding is ranked better than
59.44% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 60.65 vs TPE:2105: 52.12

Cheng Shin Rubber Industry Co's Days Sales Outstanding declined from Mar. 2023 (39.43) to Jun. 2024 (39.03).

Cheng Shin Rubber Industry Co Days Sales Outstanding Historical Data

The historical data trend for Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co Days Sales Outstanding Chart

Cheng Shin Rubber Industry Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

33.22

31.50

35.11

33.53

34.70

Cheng Shin Rubber Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															39.43	39.07	37.90	40.37	39.03

Competitive Comparison of Cheng Shin Rubber Industry Co's Days Sales Outstanding

For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cheng Shin Rubber Industry Co's Days Sales Outstanding falls into.

Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (9138.034	+	9612.429)	/	2 )	/	98622.877	*	365
=	9375.2315					/	98622.877	*	365
=	34.70

Cheng Shin Rubber Industry Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (10223.001	+	10603.036)	/	2 )	/	24346.068	*	365 / 4
=	10413.0185					/	24346.068	*	365 / 4
=	39.03

Cheng Shin Rubber Industry Co (TPE:2105) Days Sales Outstanding Explanation

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

Cheng Shin Rubber Industry Co Days Sales Outstanding Related Terms

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

Cheng Shin Rubber Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cheng Shin Rubber Industry Co Ltd (TPE:2105) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545

Website

https://www.cst.com.tw

Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc.. Its geographical segments are Taiwan, China, the United States, and Others.

Cheng Shin Rubber Industry Co Headlines

No Headlines