New Palace International Co (TPE:8940) Days Sales Outstanding : 10.94 (As of Sep. 2024)

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What is New Palace International Co Days Sales Outstanding?

New Palace International Co's average Accounts Receivable for the three months ended in Sep. 2024 was NT$36 Mil. New Palace International Co's Revenue for the three months ended in Sep. 2024 was NT$298 Mil. Hence, New Palace International Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 10.94.

The historical rank and industry rank for New Palace International Co's Days Sales Outstanding or its related term are showing as below:

TPE:8940' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.27 Med: 14.15 Max: 18.69
Current: 9.27

During the past 13 years, New Palace International Co's highest Days Sales Outstanding was 18.69. The lowest was 9.27. And the median was 14.15.

TPE:8940's Days Sales Outstanding is ranked better than
58.41% of 339 companies
in the Restaurants industry
Industry Median: 11.97 vs TPE:8940: 9.27

New Palace International Co's Days Sales Outstanding increased from Sep. 2023 (8.04) to Sep. 2024 (10.94).

New Palace International Co Days Sales Outstanding Historical Data

The historical data trend for New Palace International 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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New Palace International Co Days Sales Outstanding Chart

New Palace International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.21

15.23

18.69

12.78

13.07

New Palace International 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															8.04	8.26	9.11	13.95	10.94

Competitive Comparison of New Palace International Co's Days Sales Outstanding

For the Restaurants subindustry, New Palace International 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.

New Palace International Co's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, New Palace International Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Palace International Co's Days Sales Outstanding falls into.

New Palace International 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.

New Palace International 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
=	( (42.272	+	68.061)	/	2 )	/	1540.886	*	365
=	55.1665					/	1540.886	*	365
=	13.07

New Palace International 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
=	( (37.184	+	34.262)	/	2 )	/	297.947	*	365 / 4
=	35.723					/	297.947	*	365 / 4
=	10.94

New Palace International Co (TPE:8940) Days Sales Outstanding Explanation

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

New Palace International Co Days Sales Outstanding Related Terms

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New Palace International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » New Palace International Co Ltd (TPE:8940) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 456, Hanxi East Road, Section 1, East District, Taichang, TWN, 401

Website

https://www.newpalace.com.tw

New Palace International Co Ltd is a Taiwan-based company engaged in the catering industry. Its products and services include the provision of traditional catering services, banquets, and buffets.

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