Thye Ming Industrial Co (TPE:9927) Days Sales Outstanding : 43.99 (As of Mar. 2024)

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What is Thye Ming Industrial Co Days Sales Outstanding?

Thye Ming Industrial Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,015 Mil. Thye Ming Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$2,106 Mil. Hence, Thye Ming Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.99.

The historical rank and industry rank for Thye Ming Industrial Co's Days Sales Outstanding or its related term are showing as below:

TPE:9927' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.26 Med: 43.65 Max: 51.88
Current: 45.13

During the past 13 years, Thye Ming Industrial Co's highest Days Sales Outstanding was 51.88. The lowest was 40.26. And the median was 43.65.

TPE:9927's Days Sales Outstanding is ranked worse than
51.84% of 789 companies
in the Metals & Mining industry
Industry Median: 43.06 vs TPE:9927: 45.13

Thye Ming Industrial Co's Days Sales Outstanding declined from Mar. 2023 (46.65) to Mar. 2024 (43.99).

Thye Ming Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Thye Ming Industrial 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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Thye Ming Industrial Co Days Sales Outstanding Chart

Thye Ming Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.85

51.88

49.34

43.44

40.26

Thye Ming Industrial 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															46.65	45.98	49.71	43.69	43.99

Competitive Comparison of Thye Ming Industrial Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Thye Ming Industrial 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.

Thye Ming Industrial Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thye Ming Industrial Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Thye Ming Industrial Co's Days Sales Outstanding falls into.

Thye Ming Industrial 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.

Thye Ming Industrial 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
=	( (992.73	+	1040.312)	/	2 )	/	9215.571	*	365
=	1016.521					/	9215.571	*	365
=	40.26

Thye Ming Industrial 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
=	( (1040.312	+	989.921)	/	2 )	/	2105.5	*	365 / 4
=	1015.1165					/	2105.5	*	365 / 4
=	43.99

Thye Ming Industrial Co (TPE:9927) Days Sales Outstanding Explanation

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

Thye Ming Industrial Co Days Sales Outstanding Related Terms

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Thye Ming Industrial Co (TPE:9927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thye Ming Industrial Co Ltd (TPE:9927) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Chu Kuang 3 Street, Tafa Industiral Area, Kaohsiung, TWN

Website

http://www.tmicl.com.tw

Thye Ming Industrial Co Ltd manufactures and sells the following products: lead antimony alloy, lead calcium alloy, yellow and red lead. The company also provides general business waste recycling and regeneration services.

Thye Ming Industrial Co (TPE:9927) Headlines

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