New Asia Construction & Development (TPE:2516) Days Sales Outstanding : 17.82 (As of Mar. 2024)

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What is New Asia Construction & Development Days Sales Outstanding?

New Asia Construction & Development's average Accounts Receivable for the three months ended in Mar. 2024 was NT$386 Mil. New Asia Construction & Development's Revenue for the three months ended in Mar. 2024 was NT$1,976 Mil. Hence, New Asia Construction & Development's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.82.

The historical rank and industry rank for New Asia Construction & Development's Days Sales Outstanding or its related term are showing as below:

TPE:2516' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.09 Med: 51.44 Max: 164.09
Current: 15.01

During the past 13 years, New Asia Construction & Development's highest Days Sales Outstanding was 164.09. The lowest was 4.09. And the median was 51.44.

TPE:2516's Days Sales Outstanding is ranked better than
96.6% of 1647 companies
in the Construction industry
Industry Median: 72.19 vs TPE:2516: 15.01

New Asia Construction & Development's Days Sales Outstanding increased from Mar. 2023 (12.30) to Mar. 2024 (17.82).

New Asia Construction & Development Days Sales Outstanding Historical Data

The historical data trend for New Asia Construction & Development'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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New Asia Construction & Development Days Sales Outstanding Chart

New Asia Construction & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.70

9.47

4.12

4.09

9.45

New Asia Construction & Development 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															12.30	15.11	11.96	12.89	17.82

Competitive Comparison of New Asia Construction & Development's Days Sales Outstanding

For the Engineering & Construction subindustry, New Asia Construction & Development'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.

New Asia Construction & Development's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Asia Construction & Development's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Asia Construction & Development's Days Sales Outstanding falls into.

New Asia Construction & Development 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.

New Asia Construction & Development'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
=	( (130.763	+	316.258)	/	2 )	/	8629.594	*	365
=	223.5105					/	8629.594	*	365
=	9.45

New Asia Construction & Development'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
=	( (316.258	+	455.733)	/	2 )	/	1976.338	*	365 / 4
=	385.9955					/	1976.338	*	365 / 4
=	17.82

New Asia Construction & Development (TPE:2516) Days Sales Outstanding Explanation

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

New Asia Construction & Development Days Sales Outstanding Related Terms

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New Asia Construction & Development (TPE:2516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Asia Construction & Development Corp (TPE:2516) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

N0. 760, Section 4, Bade Road,, 15,16th floor,, Songshan District, Taipei, TWN

Website

http://www.newasia.com.tw

New Asia Construction & Development Corp operates in the engineering and construction industry. The company is engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing, or selling of heavy equipment and public housing, and office buildings and repairs. The company is also engaged in manufacturing and selling ready mixed concrete and asphalt concrete and investment.

New Asia Construction & Development (TPE:2516) Headlines

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