Ritek (TPE:2349) Days Sales Outstanding : 73.87 (As of Mar. 2025)

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What is Ritek Days Sales Outstanding?

Ritek's average Accounts Receivable for the three months ended in Mar. 2025 was NT$1,361 Mil. Ritek's Revenue for the three months ended in Mar. 2025 was NT$1,682 Mil. Hence, Ritek's Days Sales Outstanding for the three months ended in Mar. 2025 was 73.87.

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

TPE:2349' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.74 Med: 65.05 Max: 76.94
Current: 71.53

During the past 13 years, Ritek's highest Days Sales Outstanding was 76.94. The lowest was 60.74. And the median was 65.05.

TPE:2349's Days Sales Outstanding is ranked better than
53.75% of 2426 companies
in the Hardware industry
Industry Median: 75.1 vs TPE:2349: 71.53

Ritek's Days Sales Outstanding declined from Mar. 2024 (76.83) to Mar. 2025 (73.87).

Ritek Days Sales Outstanding Historical Data

The historical data trend for Ritek'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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Ritek Days Sales Outstanding Chart

Ritek Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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62.88

62.13

71.70

76.94

73.83

Ritek Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															76.83	71.97	65.54	70.05	73.87

Competitive Comparison of Ritek's Days Sales Outstanding

For the Computer Hardware subindustry, Ritek'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.

Ritek's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ritek's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ritek's Days Sales Outstanding falls into.

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Ritek 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.

Ritek's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1583.089	+	1355.83)	/	2 )	/	7264.439	*	365
=	1469.4595					/	7264.439	*	365
=	73.83

Ritek's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (1355.83	+	1366.627)	/	2 )	/	1681.537	*	365 / 4
=	1361.2285					/	1681.537	*	365 / 4
=	73.87

Ritek (TPE:2349) Days Sales Outstanding Explanation

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

Ritek Days Sales Outstanding Related Terms

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Ritek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ritek Corp (TPE:2349) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42, Kuangfu North Road, Hsinchu Industrial Park, Hukou Township, Hsinchu Country, Hsinchu, TWN, 30351

Website

https://www.ritek.com

Ritek Corp is a Taiwan-based company engaged in the manufacturing and processing of optical information products and memory products and related equipment (including peripheral products), as well as trading and import and export of materials under RIDATA, Traxdata, Arita, Imation, and other brands. Its reportable segments are; Storage media, OLED, and others. The majority of the company's revenue is generated from the Storage media segment which is engaged in the manufacturing, processing, and sales of optical discs and memory cards. Geographically, its key revenue is derived from Taiwan and the rest from Asia (excluding Taiwan), America, Europe, Africa, and other countries.

Ritek Headlines

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