Taiwan Steel Union Co (TPE:6581) Days Sales Outstanding : 28.04 (As of Jun. 2024)

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What is Taiwan Steel Union Co Days Sales Outstanding?

Taiwan Steel Union Co's average Accounts Receivable for the three months ended in Jun. 2024 was NT$216 Mil. Taiwan Steel Union Co's Revenue for the three months ended in Jun. 2024 was NT$703 Mil. Hence, Taiwan Steel Union Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 28.04.

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

TPE:6581' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.3 Med: 25.57 Max: 37.01
Current: 29.98

During the past 11 years, Taiwan Steel Union Co's highest Days Sales Outstanding was 37.01. The lowest was 17.30. And the median was 25.57.

TPE:6581's Days Sales Outstanding is ranked better than
90.17% of 234 companies
in the Waste Management industry
Industry Median: 71.225 vs TPE:6581: 29.98

Taiwan Steel Union Co's Days Sales Outstanding increased from Jun. 2023 (22.51) to Jun. 2024 (28.04).

Taiwan Steel Union Co Days Sales Outstanding Historical Data

The historical data trend for Taiwan Steel Union 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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Taiwan Steel Union Co Days Sales Outstanding Chart

Taiwan Steel Union Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.01

31.28

29.17

19.18

34.11

Taiwan Steel Union Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															22.51	29.75	25.58	37.27	28.04

Competitive Comparison of Taiwan Steel Union Co's Days Sales Outstanding

For the Waste Management subindustry, Taiwan Steel Union 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.

Taiwan Steel Union Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Taiwan Steel Union Co's Days Sales Outstanding falls into.

Taiwan Steel Union 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.

Taiwan Steel Union 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
=	( (162.626	+	218.915)	/	2 )	/	2041.441	*	365
=	190.7705					/	2041.441	*	365
=	34.11

Taiwan Steel Union Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (162.967	+	268.985)	/	2 )	/	702.774	*	365 / 4
=	215.976					/	702.774	*	365 / 4
=	28.04

Taiwan Steel Union Co (TPE:6581) Days Sales Outstanding Explanation

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

Taiwan Steel Union Co Days Sales Outstanding Related Terms

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Taiwan Steel Union Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Taiwan Steel Union Co Ltd (TPE:6581) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No.36, Siangong N. 1st Road, Changbin Industrial Zone, Shengang Township, Changhua, TWN, 50953

Website

https://www.tsutw.com.tw

Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company is engaged in treating EAF dust using Waelz Kilns technology. It offers services including Rotary kiln pyrometallurgical process and other professional and technical services.

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