Forest Water Environmental Eng'g Co (TPE:8473) Days Sales Outstanding : 194.42 (As of Mar. 2024)

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What is Forest Water Environmental Eng'g Co Days Sales Outstanding?

Forest Water Environmental Eng'g Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,587 Mil. Forest Water Environmental Eng'g Co's Revenue for the three months ended in Mar. 2024 was NT$745 Mil. Hence, Forest Water Environmental Eng'g Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 194.42.

The historical rank and industry rank for Forest Water Environmental Eng'g Co's Days Sales Outstanding or its related term are showing as below:

TPE:8473' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.62 Med: 94.74 Max: 165.32
Current: 159.05

During the past 12 years, Forest Water Environmental Eng'g Co's highest Days Sales Outstanding was 165.32. The lowest was 56.62. And the median was 94.74.

TPE:8473's Days Sales Outstanding is ranked worse than
75.22% of 230 companies
in the Waste Management industry
Industry Median: 71.315 vs TPE:8473: 159.05

Forest Water Environmental Eng'g Co's Days Sales Outstanding increased from Mar. 2023 (138.88) to Mar. 2024 (194.42).

Forest Water Environmental Eng'g Co Days Sales Outstanding Historical Data

The historical data trend for Forest Water Environmental Eng'g 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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Forest Water Environmental Eng'g Co Days Sales Outstanding Chart

Forest Water Environmental Eng'g Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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66.53

85.51

110.97

118.84

151.16

Forest Water Environmental Eng'g 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															138.88	128.42	163.21	162.40	194.42

Competitive Comparison of Forest Water Environmental Eng'g Co's Days Sales Outstanding

For the Waste Management subindustry, Forest Water Environmental Eng'g 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.

Forest Water Environmental Eng'g Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forest Water Environmental Eng'g Co's Days Sales Outstanding falls into.

Forest Water Environmental Eng'g 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.

Forest Water Environmental Eng'g 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
=	( (1468.08	+	1579.65)	/	2 )	/	3679.679	*	365
=	1523.865					/	3679.679	*	365
=	151.16

Forest Water Environmental Eng'g 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
=	( (1579.65	+	1595.184)	/	2 )	/	745.052	*	365 / 4
=	1587.417					/	745.052	*	365 / 4
=	194.42

Forest Water Environmental Eng'g Co (TPE:8473) Days Sales Outstanding Explanation

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

Forest Water Environmental Eng'g Co Days Sales Outstanding Related Terms

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Forest Water Environmental Eng'g Co (TPE:8473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Forest Water Environmental Eng'g Co Ltd (TPE:8473) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 99 Jilin Road, 3rd Floor, Zhongshan District, Taipei, TWN

Website

https://www.mfw.com.tw

Forest Water Environmental Eng'g Co Ltd is engaged in desalination engineering, wastewater recycling & reuse and water purification process, and sewage treatment. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.

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