BOE Varitronix (BOE Varitronix) Days Sales Outstanding : 78.87 (As of Dec. 2023)

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What is BOE Varitronix Days Sales Outstanding?

BOE Varitronix's average Accounts Receivable for the six months ended in Dec. 2023 was $307 Mil. BOE Varitronix's Revenue for the six months ended in Dec. 2023 was $711 Mil. Hence, BOE Varitronix's Days Sales Outstanding for the six months ended in Dec. 2023 was 78.87.

The historical rank and industry rank for BOE Varitronix's Days Sales Outstanding or its related term are showing as below:

VARXY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.65 Med: 77.84 Max: 84.56
Current: 77.01

During the past 13 years, BOE Varitronix's highest Days Sales Outstanding was 84.56. The lowest was 61.65. And the median was 77.84.

VARXY's Days Sales Outstanding is ranked worse than
52.1% of 2457 companies
in the Hardware industry
Industry Median: 74.97 vs VARXY: 77.01

BOE Varitronix's Days Sales Outstanding increased from Dec. 2022 (60.76) to Dec. 2023 (78.87).

BOE Varitronix Days Sales Outstanding Historical Data

The historical data trend for BOE Varitronix'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.

* Premium members only.

BOE Varitronix Days Sales Outstanding Chart

BOE Varitronix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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76.83

73.96

62.65

61.60

71.63

BOE Varitronix Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															61.10	67.22	60.76	80.77	78.87

Competitive Comparison of BOE Varitronix's Days Sales Outstanding

For the Electronic Components subindustry, BOE Varitronix'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.

BOE Varitronix's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOE Varitronix's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where BOE Varitronix's Days Sales Outstanding falls into.

BOE Varitronix 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.

BOE Varitronix'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
=	( (257.658	+	283.157)	/	2 )	/	1377.809	*	365
=	270.4075					/	1377.809	*	365
=	71.63

BOE Varitronix's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (331.08	+	283.157)	/	2 )	/	710.671	*	365 / 2
=	307.1185					/	710.671	*	365 / 2
=	78.87

BOE Varitronix (OTCPK:VARXY) Days Sales Outstanding Explanation

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

BOE Varitronix Days Sales Outstanding Related Terms

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BOE Varitronix (BOE Varitronix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOE Varitronix Ltd (OTCPK:VARXY) » Definitions » Days Sales Outstanding

Comparable Companies

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00710:Hong Kong VTX:Germany

Address

Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.boevx.com

BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

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