King Chou Marine Technology Co (ROCO:4417) Days Sales Outstanding : 94.43 (As of Mar. 2024)

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What is King Chou Marine Technology Co Days Sales Outstanding?

King Chou Marine Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$582 Mil. King Chou Marine Technology Co's Revenue for the three months ended in Mar. 2024 was NT$562 Mil. Hence, King Chou Marine Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 94.43.

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

ROCO:4417' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.45 Med: 77.99 Max: 96.32
Current: 79.71

During the past 13 years, King Chou Marine Technology Co's highest Days Sales Outstanding was 96.32. The lowest was 46.45. And the median was 77.99.

ROCO:4417's Days Sales Outstanding is ranked worse than
73.4% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.075 vs ROCO:4417: 79.71

King Chou Marine Technology Co's Days Sales Outstanding declined from Mar. 2023 (103.84) to Mar. 2024 (94.43).

King Chou Marine Technology Co Days Sales Outstanding Historical Data

The historical data trend for King Chou Marine Technology 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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King Chou Marine Technology Co Days Sales Outstanding Chart

King Chou Marine Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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89.48

91.44

96.32

79.71

92.19

King Chou Marine Technology 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															103.84	71.93	75.50	87.69	94.43

Competitive Comparison of King Chou Marine Technology Co's Days Sales Outstanding

For the Textile Manufacturing subindustry, King Chou Marine Technology 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.

King Chou Marine Technology Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where King Chou Marine Technology Co's Days Sales Outstanding falls into.

King Chou Marine Technology 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.

King Chou Marine Technology 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
=	( (840.954	+	642.342)	/	2 )	/	2936.371	*	365
=	741.648					/	2936.371	*	365
=	92.19

King Chou Marine Technology 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
=	( (642.342	+	521.501)	/	2 )	/	562.333	*	365 / 4
=	581.9215					/	562.333	*	365 / 4
=	94.43

King Chou Marine Technology Co (ROCO:4417) Days Sales Outstanding Explanation

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

King Chou Marine Technology Co Days Sales Outstanding Related Terms

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King Chou Marine Technology Co (ROCO:4417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » King Chou Marine Technology Co Ltd (ROCO:4417) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Hsingan Road, Hsinyuan Township, Pingtung, TWN, 806

Website

https://www.king-net.com.tw

King Chou Marine Technology Co Ltd is a Taiwan based manufacturer of fishing nets, twines and ropes, as well as agricultural, industrial, military, and sports nets. Its products include purse seine net, marine hardware, fish farming net, trawl net, trap net, set net, long line, sports net, twine, rope and others. The company has a business presence in Taiwan and other countries.

King Chou Marine Technology Co (ROCO:4417) Headlines

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