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Ares International (TPE:2471) Days Sales Outstanding : 41.19 (As of Mar. 2024)


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What is Ares International Days Sales Outstanding?

Ares International's average Accounts Receivable for the three months ended in Mar. 2024 was NT$74.6 Mil. Ares International's Revenue for the three months ended in Mar. 2024 was NT$165.3 Mil. Hence, Ares International's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.19.

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

TPE:2471' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.85   Med: 67.85   Max: 94.39
Current: 37.85

During the past 13 years, Ares International's highest Days Sales Outstanding was 94.39. The lowest was 37.85. And the median was 67.85.

TPE:2471's Days Sales Outstanding is ranked better than
79.11% of 2734 companies
in the Software industry
Industry Median: 61.68 vs TPE:2471: 37.85

Ares International's Days Sales Outstanding declined from Mar. 2023 (51.02) to Mar. 2024 (41.19).


Ares International Days Sales Outstanding Historical Data

The historical data trend for Ares International'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.

Ares International Days Sales Outstanding Chart

Ares International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.03 50.35 59.68 62.71 43.69

Ares International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.02 43.54 42.32 27.86 41.19

Competitive Comparison of Ares International's Days Sales Outstanding

For the Information Technology Services subindustry, Ares International'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.


Ares International's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Ares International's Days Sales Outstanding distribution charts can be found below:

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



Ares International 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.

Ares International'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
=( (123.649 + 77.876) / 2 ) / 841.834*365
=100.7625 / 841.834*365
=43.69

Ares International'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
=( (77.876 + 71.353) / 2 ) / 165.278*365 / 4
=74.6145 / 165.278*365 / 4
=41.19

* 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.


Ares International  (TPE:2471) Days Sales Outstanding Explanation

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


Ares International Days Sales Outstanding Related Terms

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Ares International (TPE:2471) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, Shuanglian Building-3rd Floor, No. 111, Section 2, Taipei, TWN
Ares International Corp is Taiwan based company. The company is engaged in the design, sales, lease, maintenance and technology consultation of computer equipment, internet and related software, and analysis, design, modification, installment and maintenance of application software. The major geographical regions in which the company operates are Asia, Taiwan, America and Others.

Ares International (TPE:2471) Headlines

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