Taiwan Taomee Co (ROCO:6428) Days Sales Outstanding : 67.23 (As of Dec. 2023)

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What is Taiwan Taomee Co Days Sales Outstanding?

Taiwan Taomee Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$10.57 Mil. Taiwan Taomee Co's Revenue for the six months ended in Dec. 2023 was NT$28.70 Mil. Hence, Taiwan Taomee Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.23.

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

ROCO:6428' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.73 Med: 53.35 Max: 70.43
Current: 66.54

During the past 13 years, Taiwan Taomee Co's highest Days Sales Outstanding was 70.43. The lowest was 34.73. And the median was 53.35.

ROCO:6428's Days Sales Outstanding is ranked worse than
72.68% of 571 companies
in the Interactive Media industry
Industry Median: 44.94 vs ROCO:6428: 66.54

Taiwan Taomee Co's Days Sales Outstanding declined from Dec. 2022 (75.68) to Dec. 2023 (67.23).

Taiwan Taomee Co Days Sales Outstanding Historical Data

The historical data trend for Taiwan Taomee 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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Taiwan Taomee Co Days Sales Outstanding Chart

Taiwan Taomee Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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34.73

48.57

56.27

60.01

70.43

Taiwan Taomee Co 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															53.08	77.63	75.68	62.09	67.23

Competitive Comparison of Taiwan Taomee Co's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Taiwan Taomee 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 Taomee Co's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Taiwan Taomee Co's Days Sales Outstanding distribution charts can be found below:

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

Taiwan Taomee 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 Taomee 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
=	( (10.968	+	11.692)	/	2 )	/	58.721	*	365
=	11.33					/	58.721	*	365
=	70.43

Taiwan Taomee Co'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
=	( (9.456	+	11.692)	/	2 )	/	28.703	*	365 / 2
=	10.574					/	28.703	*	365 / 2
=	67.23

Taiwan Taomee Co (ROCO:6428) 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 Taomee Co Days Sales Outstanding Related Terms

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Taiwan Taomee Co (ROCO:6428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Taiwan Taomee Co Ltd (ROCO:6428) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jianguo North Road, Zhongshan District, 8th Floor, No. 126, Section 1, Taipei, TWN

Website

http://www.61.com.tw

Taiwan Taomee Co Ltd is an online game platform operation company. It is engaged in the operation and development of online games. It provides games for mobile phones and computers.

Taiwan Taomee Co (ROCO:6428) Headlines

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