Chung-Hsin Electric & Machinery Mfg (TPE:1513) Days Sales Outstanding : 31.67 (As of Mar. 2024)

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What is Chung-Hsin Electric & Machinery Mfg Days Sales Outstanding?

Chung-Hsin Electric & Machinery Mfg's average Accounts Receivable for the three months ended in Mar. 2024 was NT$2,131 Mil. Chung-Hsin Electric & Machinery Mfg's Revenue for the three months ended in Mar. 2024 was NT$6,139 Mil. Hence, Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.67.

The historical rank and industry rank for Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding or its related term are showing as below:

TPE:1513' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.38 Med: 49.21 Max: 59.26
Current: 37.61

During the past 13 years, Chung-Hsin Electric & Machinery Mfg's highest Days Sales Outstanding was 59.26. The lowest was 34.38. And the median was 49.21.

TPE:1513's Days Sales Outstanding is ranked better than
91.1% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs TPE:1513: 37.61

Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding declined from Mar. 2023 (36.64) to Mar. 2024 (31.67).

Chung-Hsin Electric & Machinery Mfg Days Sales Outstanding Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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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Chung-Hsin Electric & Machinery Mfg Days Sales Outstanding Chart

Chung-Hsin Electric & Machinery Mfg Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.03

45.45

38.27

37.57

34.38

Chung-Hsin Electric & Machinery Mfg 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															36.64	44.05	40.74	34.23	31.67

Competitive Comparison of Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg'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.

Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chung-Hsin Electric & Machinery Mfg's Days Sales Outstanding falls into.

Chung-Hsin Electric & Machinery Mfg 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.

Chung-Hsin Electric & Machinery Mfg'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
=	( (2325.986	+	1846.195)	/	2 )	/	22144.872	*	365
=	2086.0905					/	22144.872	*	365
=	34.38

Chung-Hsin Electric & Machinery Mfg'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
=	( (1846.195	+	2415.189)	/	2 )	/	6138.65	*	365 / 4
=	2130.692					/	6138.65	*	365 / 4
=	31.67

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Days Sales Outstanding Explanation

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

Chung-Hsin Electric & Machinery Mfg Days Sales Outstanding Related Terms

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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chung-Hsin Electric & Machinery Mfg Corp (TPE:1513) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383

Website

https://www.chem.com.tw

Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

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