Ttet Union (TPE:1232) Days Sales Outstanding : 17.22 (As of Mar. 2024)

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What is Ttet Union Days Sales Outstanding?

Ttet Union's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,062 Mil. Ttet Union's Revenue for the three months ended in Mar. 2024 was NT$5,626 Mil. Hence, Ttet Union's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.22.

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

TPE:1232' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.12 Med: 16.57 Max: 18.28
Current: 16.53

During the past 13 years, Ttet Union's highest Days Sales Outstanding was 18.28. The lowest was 13.12. And the median was 16.57.

TPE:1232's Days Sales Outstanding is ranked better than
83.58% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.18 vs TPE:1232: 16.53

Ttet Union's Days Sales Outstanding increased from Mar. 2023 (16.11) to Mar. 2024 (17.22).

Ttet Union Days Sales Outstanding Historical Data

The historical data trend for Ttet Union'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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Ttet Union Days Sales Outstanding Chart

Ttet Union Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.93

18.28

16.12

15.71

17.96

Ttet Union 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															16.11	16.05	16.44	17.10	17.22

Competitive Comparison of Ttet Union's Days Sales Outstanding

For the Packaged Foods subindustry, Ttet Union'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.

Ttet Union's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ttet Union's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ttet Union's Days Sales Outstanding falls into.

Ttet Union 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.

Ttet Union'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
=	( (1214.456	+	1103.881)	/	2 )	/	23560.347	*	365
=	1159.1685					/	23560.347	*	365
=	17.96

Ttet Union'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
=	( (1103.881	+	1019.637)	/	2 )	/	5626.346	*	365 / 4
=	1061.759					/	5626.346	*	365 / 4
=	17.22

Ttet Union (TPE:1232) Days Sales Outstanding Explanation

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

Ttet Union Days Sales Outstanding Related Terms

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Ttet Union (TPE:1232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ttet Union Corp (TPE:1232) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Gungye West Road, Erzhen Village,Guantian District, Tainan, TWN, 72048

Website

https://www.ttet.com.tw

Ttet Union Corp is a Taiwan based vegetable oil and protein product provider. The company is mainly engaged in the manufacture, sales, processing, import, and export of a variety of vegetable oils and fat, and engaged in cogeneration plant business, wholesale, and retailing of oils. The company's product portfolio includes soybean oil, canola oil, deep-frying oil, palm olein, soybean meal, dehulled high-protein soybean meal, soybean hull pellet, and high-protein soybean flake among others. Geographically, the majority is from Taiwan.

Ttet Union (TPE:1232) Headlines

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