Grand Green Energy (ROCO:6639) Days Sales Outstanding : 44.63 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Grand Green Energy Days Sales Outstanding?

Grand Green Energy's average Accounts Receivable for the six months ended in Dec. 2023 was NT$32.6 Mil. Grand Green Energy's Revenue for the six months ended in Dec. 2023 was NT$133.4 Mil. Hence, Grand Green Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 44.63.

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

ROCO:6639' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.6 Med: 36.09 Max: 62.27
Current: 54.93

During the past 9 years, Grand Green Energy's highest Days Sales Outstanding was 62.27. The lowest was 21.60. And the median was 36.09.

ROCO:6639's Days Sales Outstanding is ranked better than
77.2% of 2960 companies
in the Industrial Products industry
Industry Median: 79.61 vs ROCO:6639: 54.93

Grand Green Energy's Days Sales Outstanding declined from Dec. 2022 (47.50) to Dec. 2023 (44.63).

Grand Green Energy Days Sales Outstanding Historical Data

The historical data trend for Grand Green Energy'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.

Grand Green Energy Days Sales Outstanding Chart

Grand Green Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

40.20

38.85

21.60

43.75

62.27

Grand Green Energy Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											21.72	20.44	47.50	56.81	44.63

Competitive Comparison of Grand Green Energy's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Grand Green Energy'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.

Grand Green Energy's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grand Green Energy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Grand Green Energy's Days Sales Outstanding falls into.

Grand Green Energy 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.

Grand Green Energy'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
=	( (66.953	+	32.943)	/	2 )	/	292.795	*	365
=	49.948					/	292.795	*	365
=	62.27

Grand Green Energy'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
=	( (32.295	+	32.943)	/	2 )	/	133.37	*	365 / 2
=	32.619					/	133.37	*	365 / 2
=	44.63

Grand Green Energy (ROCO:6639) Days Sales Outstanding Explanation

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

Grand Green Energy Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Grand Green Energy's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Green Energy (ROCO:6639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grand Green Energy Corp (ROCO:6639) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.192, Jinshan Street, Yangmei District, Taoyuan City, TWN, 326

Website

http://www.ggec.com.tw

Grand Green Energy Corp is mainly engaged in the development and sale of thermal energy supply system and other thermal equipment. The company caters to textile, food, chemical, and paper industry. It also offers air pollution emission equipment.

Grand Green Energy (ROCO:6639) Headlines

No Headlines