Femco Steel Technology Co (ROCO:6731) Days Sales Outstanding : 68.01 (As of Jun. 2023)

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What is Femco Steel Technology Co Days Sales Outstanding?

Femco Steel Technology Co's average Accounts Receivable for the six months ended in Jun. 2023 was NT$144 Mil. Femco Steel Technology Co's Revenue for the six months ended in Jun. 2023 was NT$386 Mil. Hence, Femco Steel Technology Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 68.01.

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

ROCO:6731' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.07 Med: 55.67 Max: 147.28
Current: 55.61

During the past 9 years, Femco Steel Technology Co's highest Days Sales Outstanding was 147.28. The lowest was 42.07. And the median was 55.67.

ROCO:6731's Days Sales Outstanding is not ranked
in the Steel industry.
Industry Median: 49.315 vs ROCO:6731: 55.61

Femco Steel Technology Co's Days Sales Outstanding increased from Jun. 2022 (55.40) to Jun. 2023 (68.01).

Femco Steel Technology Co Days Sales Outstanding Historical Data

The historical data trend for Femco Steel 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.

* Premium members only.

Femco Steel Technology Co Days Sales Outstanding Chart

Femco Steel Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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55.63

45.77

55.70

50.30

42.07

Femco Steel Technology Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial										54.06	57.18	55.40	50.94	68.01

Competitive Comparison of Femco Steel Technology Co's Days Sales Outstanding

For the Steel subindustry, Femco Steel 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.

Femco Steel Technology Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Femco Steel Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Femco Steel 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.

Femco Steel Technology Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (149.02	+	193.346)	/	2 )	/	1485.18	*	365
=	171.183					/	1485.18	*	365
=	42.07

Femco Steel Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (193.346	+	94.199)	/	2 )	/	385.809	*	365 / 2
=	143.7725					/	385.809	*	365 / 2
=	68.01

Femco Steel Technology Co (ROCO:6731) Days Sales Outstanding Explanation

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

Femco Steel Technology Co Days Sales Outstanding Related Terms

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Femco Steel Technology Co (ROCO:6731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Femco Steel Technology Co Ltd (ROCO:6731) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 3 Industrial 1st Road, Touciao Industrial Area, Chiayi County, Chiayi, TWN

Website

http://www.femcosteel.com.tw

Femco Steel Technology Co Ltd is a Taiwan based diversified heavy industrial manufacturer specializing in making high precision CNC machinery, high quality steel products and services. It provides steel shafts to golf club OEM companies and distributors, including TaylorMade, Callaway, Cleveland, Mizuno, Nike, Ping, and Titleist.

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