Gourmet Master Co (TPE:2723) Days Sales Outstanding : 6.02 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Gourmet Master Co Days Sales Outstanding?

Gourmet Master Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$307 Mil. Gourmet Master Co's Revenue for the three months ended in Mar. 2024 was NT$4,648 Mil. Hence, Gourmet Master Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.02.

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

TPE:2723' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.47 Med: 5.1 Max: 5.46
Current: 5.32

During the past 13 years, Gourmet Master Co's highest Days Sales Outstanding was 5.46. The lowest was 4.47. And the median was 5.10.

TPE:2723's Days Sales Outstanding is ranked better than
74.78% of 341 companies
in the Restaurants industry
Industry Median: 11.56 vs TPE:2723: 5.32

Gourmet Master Co's Days Sales Outstanding increased from Mar. 2023 (4.33) to Mar. 2024 (6.02).

Gourmet Master Co Days Sales Outstanding Historical Data

The historical data trend for Gourmet Master 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.

Gourmet Master Co Days Sales Outstanding Chart

Gourmet Master Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

4.83

5.27

5.13

5.34

5.46

Gourmet Master 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															4.33	4.07	5.52	6.49	6.02

Competitive Comparison of Gourmet Master Co's Days Sales Outstanding

For the Restaurants subindustry, Gourmet Master 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.

Gourmet Master Co's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Days Sales Outstanding distribution charts can be found below:

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

Gourmet Master 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.

Gourmet Master 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
=	( (280.496	+	330.322)	/	2 )	/	20423.522	*	365
=	305.409					/	20423.522	*	365
=	5.46

Gourmet Master 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
=	( (330.322	+	283.063)	/	2 )	/	4647.912	*	365 / 4
=	306.6925					/	4647.912	*	365 / 4
=	6.02

Gourmet Master Co (TPE:2723) Days Sales Outstanding Explanation

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

Gourmet Master Co Days Sales Outstanding Related Terms

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

Gourmet Master Co (TPE:2723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Gourmet Master Co Ltd (TPE:2723) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, 23rd, Nantun District, Taichung, TWN

Website

https://www.85cafe.com

Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes, as well as wholesale bakery machinery.

Gourmet Master Co (TPE:2723) Headlines

No Headlines