Hiyes International Co (TPE:2348) Days Sales Outstanding : 46.95 (As of Mar. 2024)

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What is Hiyes International Co Days Sales Outstanding?

Hiyes International Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,173 Mil. Hiyes International Co's Revenue for the three months ended in Mar. 2024 was NT$2,280 Mil. Hence, Hiyes International Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.95.

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

TPE:2348' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.8 Med: 61.49 Max: 83.42
Current: 42.8

During the past 13 years, Hiyes International Co's highest Days Sales Outstanding was 83.42. The lowest was 42.80. And the median was 61.49.

TPE:2348's Days Sales Outstanding is ranked worse than
54.08% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs TPE:2348: 42.80

Hiyes International Co's Days Sales Outstanding declined from Mar. 2023 (133.04) to Mar. 2024 (46.95).

Hiyes International Co Days Sales Outstanding Historical Data

The historical data trend for Hiyes International 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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Hiyes International Co Days Sales Outstanding Chart

Hiyes International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.17

61.62

61.36

83.42

51.18

Hiyes International 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															133.04	63.21	68.05	25.70	46.95

Competitive Comparison of Hiyes International Co's Days Sales Outstanding

For the Real Estate Services subindustry, Hiyes International 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.

Hiyes International Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Days Sales Outstanding distribution charts can be found below:

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

Hiyes International 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.

Hiyes International 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
=	( (1067.417	+	1107.204)	/	2 )	/	7754.584	*	365
=	1087.3105					/	7754.584	*	365
=	51.18

Hiyes International 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
=	( (1107.204	+	1238.509)	/	2 )	/	2279.6	*	365 / 4
=	1172.8565					/	2279.6	*	365 / 4
=	46.95

Hiyes International Co (TPE:2348) Days Sales Outstanding Explanation

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

Hiyes International Co Days Sales Outstanding Related Terms

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Hiyes International Co (TPE:2348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiyes International Co Ltd (TPE:2348) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN

Website

https://www.hiyes-group.com.tw

Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

Hiyes International Co (TPE:2348) Headlines

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