Sunny Friend Environmental Technology Co (TPE:8341) Days Sales Outstanding : 63.18 (As of Mar. 2024)

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What is Sunny Friend Environmental Technology Co Days Sales Outstanding?

Sunny Friend Environmental Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$529 Mil. Sunny Friend Environmental Technology Co's Revenue for the three months ended in Mar. 2024 was NT$763 Mil. Hence, Sunny Friend Environmental Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.18.

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

TPE:8341' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.31 Med: 41.99 Max: 59.98
Current: 59.98

During the past 13 years, Sunny Friend Environmental Technology Co's highest Days Sales Outstanding was 59.98. The lowest was 31.31. And the median was 41.99.

TPE:8341's Days Sales Outstanding is ranked better than
58.62% of 232 companies
in the Waste Management industry
Industry Median: 71.315 vs TPE:8341: 59.98

Sunny Friend Environmental Technology Co's Days Sales Outstanding increased from Mar. 2023 (52.17) to Mar. 2024 (63.18).

Sunny Friend Environmental Technology Co Days Sales Outstanding Historical Data

The historical data trend for Sunny Friend Environmental Technology 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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Sunny Friend Environmental Technology Co Days Sales Outstanding Chart

Sunny Friend Environmental Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.89

35.41

42.56

44.65

57.46

Sunny Friend Environmental Technology 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															52.17	55.93	63.18	61.70	63.18

Competitive Comparison of Sunny Friend Environmental Technology Co's Days Sales Outstanding

For the Waste Management subindustry, Sunny Friend Environmental Technology 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.

Sunny Friend Environmental Technology Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sunny Friend Environmental Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sunny Friend Environmental Technology Co's Days Sales Outstanding falls into.

Sunny Friend Environmental Technology 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.

Sunny Friend Environmental Technology 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
=	( (480.173	+	545.232)	/	2 )	/	3256.897	*	365
=	512.7025					/	3256.897	*	365
=	57.46

Sunny Friend Environmental Technology 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
=	( (545.232	+	511.831)	/	2 )	/	763.301	*	365 / 4
=	528.5315					/	763.301	*	365 / 4
=	63.18

Sunny Friend Environmental Technology Co (TPE:8341) Days Sales Outstanding Explanation

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

Sunny Friend Environmental Technology Co Days Sales Outstanding Related Terms

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Sunny Friend Environmental Technology Co (TPE:8341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Sunny Friend Environmental Technology Co (TPE:8341) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1-20, Yuan Dong Road, Yuanchang Township, Yunlin County, TWN, 655

Website

https://www.sunnyfriend.com.tw

Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover innovative solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.

Sunny Friend Environmental Technology Co (TPE:8341) Headlines

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