Tong-Tai Machine Tool Co (TPE:4526) Days Sales Outstanding : 138.30 (As of Sep. 2024)

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What is Tong-Tai Machine Tool Co Days Sales Outstanding?

Tong-Tai Machine Tool Co's average Accounts Receivable for the three months ended in Sep. 2024 was NT$2,031 Mil. Tong-Tai Machine Tool Co's Revenue for the three months ended in Sep. 2024 was NT$1,340 Mil. Hence, Tong-Tai Machine Tool Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 138.30.

The historical rank and industry rank for Tong-Tai Machine Tool Co's Days Sales Outstanding or its related term are showing as below:

TPE:4526' s Days Sales Outstanding Range Over the Past 10 Years
Min: 109.94 Med: 126.4 Max: 153.81
Current: 134.28

During the past 13 years, Tong-Tai Machine Tool Co's highest Days Sales Outstanding was 153.81. The lowest was 109.94. And the median was 126.40.

TPE:4526's Days Sales Outstanding is ranked worse than
79.93% of 2970 companies
in the Industrial Products industry
Industry Median: 80.9 vs TPE:4526: 134.28

Tong-Tai Machine Tool Co's Days Sales Outstanding increased from Sep. 2023 (109.34) to Sep. 2024 (138.30).

Tong-Tai Machine Tool Co Days Sales Outstanding Historical Data

The historical data trend for Tong-Tai Machine Tool 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.

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Tong-Tai Machine Tool Co Days Sales Outstanding Chart

Tong-Tai Machine Tool Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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127.42

153.81

109.94

120.98

115.61

Tong-Tai Machine Tool Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															109.34	113.06	152.33	138.44	138.30

Competitive Comparison of Tong-Tai Machine Tool Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Tong-Tai Machine Tool 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.

Tong-Tai Machine Tool Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tong-Tai Machine Tool Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tong-Tai Machine Tool Co's Days Sales Outstanding falls into.

Tong-Tai Machine Tool 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.

Tong-Tai Machine Tool 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
=	( (2545.26	+	2282.3)	/	2 )	/	7620.51	*	365
=	2413.78					/	7620.51	*	365
=	115.61

Tong-Tai Machine Tool Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (2020.327	+	2040.884)	/	2 )	/	1339.752	*	365 / 4
=	2030.6055					/	1339.752	*	365 / 4
=	138.30

Tong-Tai Machine Tool Co (TPE:4526) Days Sales Outstanding Explanation

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

Tong-Tai Machine Tool Co Days Sales Outstanding Related Terms

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Tong-Tai Machine Tool Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tong-Tai Machine Tool Co Ltd (TPE:4526) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No.3, Luke 3rd Road, Kaohsiung Science Park, Luzhu District, Kaohsiung, TWN, 82151

Website

https://www.tongtai.com.tw

Tong-Tai Machine Tool Co Ltd is engaged in the manufacturing and selling of machines and selling of machine tools, computer components, computer numerical control lathes, and cutting centers. Its products line includes machine tools, such as vertical machining, 5-axis machining, tapping, horizontal machining, 5-axis horizontal machining, multi-tasking turning, and ultrasonic-assisted machining centers, as well as boring and milling machines, horizontal and vertical CNC lathes, and wheel machines; and PCB machines, comprising drilling and routing machines. The company operates in various geographical areas including Taiwan, China, Europe, Asia, and others. The company has three segments: Machine Manufacturer, which derives key revenue; Component Manufacturer and Others.

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