Teco Electric & Machinery Co (LSE:TECD) Days Sales Outstanding : 73.10 (As of Mar. 2024)

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What is Teco Electric & Machinery Co Days Sales Outstanding?

Teco Electric & Machinery Co's average Accounts Receivable for the three months ended in Mar. 2024 was $347 Mil. Teco Electric & Machinery Co's Revenue for the three months ended in Mar. 2024 was $433 Mil. Hence, Teco Electric & Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.10.

The historical rank and industry rank for Teco Electric & Machinery Co's Days Sales Outstanding or its related term are showing as below:

LSE:TECD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.76 Med: 69.17 Max: 73.78
Current: 68.29

During the past 13 years, Teco Electric & Machinery Co's highest Days Sales Outstanding was 73.78. The lowest was 61.76. And the median was 69.17.

LSE:TECD's Days Sales Outstanding is ranked better than
62% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs LSE:TECD: 68.29

Teco Electric & Machinery Co's Days Sales Outstanding increased from Mar. 2023 (64.48) to Mar. 2024 (73.10).

Teco Electric & Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Teco Electric & Machinery 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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Teco Electric & Machinery Co Days Sales Outstanding Chart

Teco Electric & Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.32

69.71

68.22

67.66

65.25

Teco Electric & Machinery 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															64.48	67.06	67.57	66.72	73.10

Competitive Comparison of Teco Electric & Machinery Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.

Teco Electric & Machinery Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Teco Electric & Machinery Co's Days Sales Outstanding falls into.

Teco Electric & Machinery 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.

Teco Electric & Machinery 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
=	( (337.715	+	341.826)	/	2 )	/	1900.506	*	365
=	339.7705					/	1900.506	*	365
=	65.25

Teco Electric & Machinery 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
=	( (341.826	+	352.27)	/	2 )	/	433.214	*	365 / 4
=	347.048					/	433.214	*	365 / 4
=	73.10

Teco Electric & Machinery Co (LSE:TECD) Days Sales Outstanding Explanation

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

Teco Electric & Machinery Co Days Sales Outstanding Related Terms

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Teco Electric & Machinery Co (LSE:TECD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco Electric & Machinery Co Ltd (LSE:TECD) » Definitions » Days Sales Outstanding

Comparable Companies

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1504:Taiwan

Address

No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501

Website

https://www.teco.com.tw

Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.