Microtips Technology (ROCO:3285) Days Sales Outstanding : 51.94 (As of Mar. 2024)

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What is Microtips Technology Days Sales Outstanding?

Microtips Technology's average Accounts Receivable for the three months ended in Mar. 2024 was NT$103.7 Mil. Microtips Technology's Revenue for the three months ended in Mar. 2024 was NT$182.3 Mil. Hence, Microtips Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.94.

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

ROCO:3285' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.21 Med: 66.24 Max: 75.25
Current: 57.66

During the past 13 years, Microtips Technology's highest Days Sales Outstanding was 75.25. The lowest was 36.21. And the median was 66.24.

ROCO:3285's Days Sales Outstanding is ranked better than
69.59% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs ROCO:3285: 57.66

Microtips Technology's Days Sales Outstanding declined from Mar. 2023 (83.57) to Mar. 2024 (51.94).

Microtips Technology Days Sales Outstanding Historical Data

The historical data trend for Microtips Technology'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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Microtips Technology Days Sales Outstanding Chart

Microtips Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.07

36.21

58.06

75.25

63.38

Microtips Technology 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															83.57	62.82	55.55	53.56	51.94

Competitive Comparison of Microtips Technology's Days Sales Outstanding

For the Electronic Components subindustry, Microtips Technology'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.

Microtips Technology's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Microtips Technology's Days Sales Outstanding falls into.

Microtips Technology 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.

Microtips Technology'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
=	( (159.549	+	99.312)	/	2 )	/	745.37	*	365
=	129.4305					/	745.37	*	365
=	63.38

Microtips Technology'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
=	( (99.312	+	108.186)	/	2 )	/	182.257	*	365 / 4
=	103.749					/	182.257	*	365 / 4
=	51.94

Microtips Technology (ROCO:3285) Days Sales Outstanding Explanation

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

Microtips Technology Days Sales Outstanding Related Terms

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Microtips Technology (ROCO:3285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microtips Technology Inc (ROCO:3285) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

12F., No.31, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN

Website

http://www.microtips.com.tw

Microtips Technology Inc is engaged in the manufacture and sales of electronic components, electrical appliances, and telecommunications equipment. Its products include liquid crystal display modules (LCMs), fingerprint identification modules, digital audio, and video multimedia products, portable digital cameras, wireless charging products, and others.

Microtips Technology (ROCO:3285) Headlines

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