Phoenix Pioneer Technology Co (ROCO:6920) Days Sales Outstanding : 59.78 (As of Dec. 2023)

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What is Phoenix Pioneer Technology Co Days Sales Outstanding?

Phoenix Pioneer Technology Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$139.2 Mil. Phoenix Pioneer Technology Co's Revenue for the six months ended in Dec. 2023 was NT$424.8 Mil. Hence, Phoenix Pioneer Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.78.

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

ROCO:6920' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.06 Med: 78.26 Max: 103.96
Current: 86.29

During the past 5 years, Phoenix Pioneer Technology Co's highest Days Sales Outstanding was 103.96. The lowest was 49.06. And the median was 78.26.

ROCO:6920's Days Sales Outstanding is ranked worse than
72% of 982 companies
in the Semiconductors industry
Industry Median: 62.495 vs ROCO:6920: 86.29

Phoenix Pioneer Technology Co's Days Sales Outstanding declined from Dec. 2022 (76.30) to Dec. 2023 (59.78).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Phoenix Pioneer Technology Co Days Sales Outstanding Historical Data

The historical data trend for Phoenix Pioneer 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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Phoenix Pioneer Technology Co Days Sales Outstanding Chart

Phoenix Pioneer Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

85.93

78.26

60.43

49.06

103.96

Phoenix Pioneer Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			69.87	57.00	76.30	100.01	59.78

Competitive Comparison of Phoenix Pioneer Technology Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Phoenix Pioneer 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.

Phoenix Pioneer Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Phoenix Pioneer Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Phoenix Pioneer 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.

Phoenix Pioneer 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
=	( (259.268	+	172.493)	/	2 )	/	757.951	*	365
=	215.8805					/	757.951	*	365
=	103.96

Phoenix Pioneer Technology 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
=	( (105.811	+	172.493)	/	2 )	/	424.835	*	365 / 2
=	139.152					/	424.835	*	365 / 2
=	59.78

Phoenix Pioneer Technology Co (ROCO:6920) Days Sales Outstanding Explanation

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

Phoenix Pioneer Technology Co Days Sales Outstanding Related Terms

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Phoenix Pioneer Technology Co (ROCO:6920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Pioneer Technology Co Ltd (ROCO:6920) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 458-17, Xinxing Road, Hukou Township, Hsinchu, TWN, 30353

Website

http://www.ppt.com.tw

Phoenix Pioneer Technology Co Ltd is composite by the elite of semiconductor industry and is an innovative new enterprise which is responsible for manufacturing, marketing, researching and developing IC substrate.

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