TSM (Taiwan Semiconductor Manufacturing Co) Days Sales Outstanding: 28.40 (As of Jun. 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSM Taiwan Semiconductor Manufacturing Co Ltd TSM
98 GF Score
Price $433.24
GF Value $361.84
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taiwan Semiconductor Manufacturing Co Days Sales Outstanding?

Taiwan Semiconductor Manufacturing Co TSM +1.22% 98 Days Sales Outstanding is 28.40 as of Jun. 2026, which is 20% below its 10-year median of 35.42. GuruFocus rates TSM with a GF Score™ of 98/100 and a GF Value™ of $361.84 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,025 Semiconductors companies, Taiwan Semiconductor Manufacturing Co ranks better than 91.51% on this metric.

Taiwan Semiconductor Manufacturing Co's average Accounts Receivable for the three months ended in Jun. 2026 was $12,503 Mil. Taiwan Semiconductor Manufacturing Co's Revenue for the three months ended in Jun. 2026 was $40,177 Mil. Hence, Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 28.40.

The historical rank and industry rank for Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding or its related term are showing as below:

TSM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.33   Med: 35.42   Max: 46.58
Current: 26.49

During the past 13 years, Taiwan Semiconductor Manufacturing Co's highest Days Sales Outstanding was 46.58. The lowest was 19.33. And the median was 35.42.

TSM's Days Sales Outstanding is ranked better than
91.51% of 1025 companies
in the Semiconductors industry
Industry Median: 63.05 vs TSM: 26.49

Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding increased from Jun. 2025 (22.01) to Jun. 2026 (28.40).


Taiwan Semiconductor Manufacturing Co  (NYSE:TSM) Days Sales Outstanding Explanation

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


Taiwan Semiconductor Manufacturing Co Days Sales Outstanding Related Terms


Taiwan Semiconductor Manufacturing Co Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co Days Sales Outstanding Chart

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.05 36.12 36.77 30.30 25.85

Taiwan Semiconductor Manufacturing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.01 25.11 25.93 25.80 28.40

TSM vs NVDA, AVGO, MU: Days Sales Outstanding Comparison

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing 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.


Taiwan Semiconductor Manufacturing Co Days Sales Outstanding vs Semiconductors Industry

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

* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding falls into.


TSM
98GF Score
Taiwan Semiconductor Manufacturing Co Ltd TSM
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (8309.717 + 8900.514) / 2 ) / 121492.021*365
=8605.1155 / 121492.021*365
=25.85

Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (11225.063 + 13781.447) / 2 ) / 40177.114*365 / 4
=12503.255 / 40177.114*365 / 4
=28.40

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 28.40 mean?
Taiwan Semiconductor Manufacturing Co (TSM) has a Days Sales Outstanding of 28.40 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. This is 20% below median its historical median of 35.42. Over the past decade, Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding has ranged from 19.33 to 46.58. According to the industry distribution chart, Taiwan Semiconductor Manufacturing Co ranks #87 out of 1025 companies in the Semiconductors industry, placing it in the top 8.5%.
Is Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding too high?
Taiwan Semiconductor Manufacturing Co's current Days Sales Outstanding of 28.40 is 20% below median its 10-year median of 35.42. Over the past 10 years, this metric has ranged from a low of 19.33 to a high of 46.58. The Semiconductors industry median Days Sales Outstanding is 63.05. Taiwan Semiconductor Manufacturing Co's value of 28.40 is 55% below this industry median. Based on the distribution chart, Taiwan Semiconductor Manufacturing Co ranks #87 out of 1025 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Semiconductor Manufacturing Co has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Semiconductor Manufacturing Co's Days Sales Outstanding compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Taiwan Semiconductor Manufacturing Co ranks #87 out of 1025 companies for Days Sales Outstanding. This places Taiwan Semiconductor Manufacturing Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 63.05. Taiwan Semiconductor Manufacturing Co's value of 28.40 is 55% below this benchmark. Historically, Taiwan Semiconductor Manufacturing Co's own Days Sales Outstanding has ranged from 19.33 to 46.58 over the past decade. While the company's 10-year median is 35.42 vs. the industry median of 63.05, Taiwan Semiconductor Manufacturing Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Semiconductors company?
The median Days Sales Outstanding among Semiconductors companies is 63.05, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Semiconductor Manufacturing Co's current Days Sales Outstanding of 28.40 is 55% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. For the Semiconductors industry, the median Days Sales Outstanding is 63.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Semiconductor Manufacturing Co's current Days Sales Outstanding is 28.40, which is 20% below median its own 10-year median of 35.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Semiconductor Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co (TSM) is currently considered Modestly Overvalued. The stock's GF Value™ is $361.84, compared to a current price of $433.24 — trading 19.7% above its estimated fair value. The current Days Sales Outstanding is 28.40, which is 20% below median its 10-year median of 35.42 and 55% below the Semiconductors industry median of 63.05. Taiwan Semiconductor Manufacturing Co's overall GF Score™ is 98/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Taiwan Semiconductor Manufacturing Co (TSM), the current Days Sales Outstanding is 28.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Taiwan Semiconductor Manufacturing Co (TSM) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co stock appears to be overvalued. The current stock price of $433.24 is trading 19.7% above its estimated GF Value™ of $361.84. GuruFocus considers Taiwan Semiconductor Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TSM:

  • Days Sales Outstanding: 28.40 (20% below median its 10-year median of 35.42)
  • GF Value™: $361.84 vs. price of $433.24 (19.7% above fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 55% below the Semiconductors median (#87 of 1025)

No single metric tells the full story. See the TSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Semiconductor Manufacturing Co Business Description

Address No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with about 70% market share in 2025. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious base of customers, including Apple, AMD, and Nvidia, that look to apply its cutting-edge process technologies to their semiconductor designs. TSMC employs more than 83,000 people.
98GF Score

Get the complete analysis for TSM

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$433.24
Price
$361.84
GF Value