Test Research (TPE:3030) Days Sales Outstanding : 65.65 (As of Mar. 2024)

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What is Test Research Days Sales Outstanding?

Test Research's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,087 Mil. Test Research's Revenue for the three months ended in Mar. 2024 was NT$1,511 Mil. Hence, Test Research's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.65.

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

TPE:3030' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.26 Med: 121.84 Max: 166.49
Current: 89.87

During the past 13 years, Test Research's highest Days Sales Outstanding was 166.49. The lowest was 66.26. And the median was 121.84.

TPE:3030's Days Sales Outstanding is ranked worse than
63.29% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs TPE:3030: 89.87

Test Research's Days Sales Outstanding declined from Mar. 2023 (110.24) to Mar. 2024 (65.65).

Test Research Days Sales Outstanding Historical Data

The historical data trend for Test Research'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.

Test Research Days Sales Outstanding Chart

Test Research Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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166.49

139.38

103.24

77.23

105.31

Test Research 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															110.24	127.05	106.77	75.11	65.65

Competitive Comparison of Test Research's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Test Research'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.

Test Research's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Test Research 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.

Test Research'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
=	( (1513.877	+	1045.41)	/	2 )	/	4435.101	*	365
=	1279.6435					/	4435.101	*	365
=	105.31

Test Research'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
=	( (1045.41	+	1128.267)	/	2 )	/	1510.654	*	365 / 4
=	1086.8385					/	1510.654	*	365 / 4
=	65.65

Test Research (TPE:3030) Days Sales Outstanding Explanation

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

Test Research Days Sales Outstanding Related Terms

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Test Research (TPE:3030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Test Research Inc (TPE:3030) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 45, Dexing W. Road, 7th Floor, Shilin District, Taipei, TWN, 11158

Website

https://www.tri.com.tw

Test Research Inc designs testing equipment for industrial applications. The firm focuses on the design, assembly, manufacture, sales, repair, and maintenance of automated inspection and testing equipment. The firm receives a significant proportion of revenue from China and Taiwan.

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