Sitronix Technology (TPE:8016) Days Sales Outstanding : 34.42 (As of Jun. 2024)

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What is Sitronix Technology Days Sales Outstanding?

Sitronix Technology's average Accounts Receivable for the three months ended in Jun. 2024 was NT$1,651 Mil. Sitronix Technology's Revenue for the three months ended in Jun. 2024 was NT$4,377 Mil. Hence, Sitronix Technology's Days Sales Outstanding for the three months ended in Jun. 2024 was 34.42.

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

TPE:8016' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.31 Med: 36.6 Max: 45.12
Current: 45.12

During the past 13 years, Sitronix Technology's highest Days Sales Outstanding was 45.12. The lowest was 27.31. And the median was 36.60.

TPE:8016's Days Sales Outstanding is ranked better than
73.06% of 991 companies
in the Semiconductors industry
Industry Median: 62.83 vs TPE:8016: 45.12

Sitronix Technology's Days Sales Outstanding increased from Mar. 2023 (30.83) to Jun. 2024 (34.42).

Sitronix Technology Days Sales Outstanding Historical Data

The historical data trend for Sitronix Technology'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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Sitronix Technology Days Sales Outstanding Chart

Sitronix Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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41.85

36.47

36.72

27.31

32.19

Sitronix Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															30.83	28.15	32.48	33.77	34.42

Competitive Comparison of Sitronix Technology's Days Sales Outstanding

For the Semiconductors subindustry, Sitronix Technology'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.

Sitronix Technology's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sitronix Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sitronix Technology's Days Sales Outstanding falls into.

Sitronix Technology 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.

Sitronix Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1952.11	+	1227.989)	/	2 )	/	18027.827	*	365
=	1590.0495					/	18027.827	*	365
=	32.19

Sitronix Technology'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
=	( (1596.189	+	1706.056)	/	2 )	/	4377.074	*	365 / 4
=	1651.1225					/	4377.074	*	365 / 4
=	34.42

Sitronix Technology (TPE:8016) Days Sales Outstanding Explanation

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

Sitronix Technology Days Sales Outstanding Related Terms

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Sitronix Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sitronix Technology Corp (TPE:8016) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Taiyuan 1st Street, 11th Floor-1, Hsinchu County, Jhubei, TWN, 302

Website

https://www.sitronix.com.tw

Sitronix Technology Corp is a Taiwan-based fabless semiconductor company that is principally engaged in developing, manufacturing, and selling display driver ICs. The company's major products are categorized into three types: mobile display driver ICs; industrial and automotive display driver ICs; and SoC, which refers to touch controller ICs. The company's products are mainly used in entry-level mobile phones, industrial displays, and automotive systems. Mobile display driver ICs account for over half of total revenue. The company has a business presence in Hong Kong, Vietnam, Taiwan, Korea, China and others.

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