Tatung Co (TPE:2371) Days Sales Outstanding : 39.46 (As of Mar. 2024)

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What is Tatung Co Days Sales Outstanding?

Tatung Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$4,679 Mil. Tatung Co's Revenue for the three months ended in Mar. 2024 was NT$10,820 Mil. Hence, Tatung Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.46.

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

TPE:2371' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.21 Med: 48.99 Max: 63.49
Current: 39.78

During the past 13 years, Tatung Co's highest Days Sales Outstanding was 63.49. The lowest was 38.21. And the median was 48.99.

TPE:2371's Days Sales Outstanding is ranked better than
73.44% of 497 companies
in the Conglomerates industry
Industry Median: 61.05 vs TPE:2371: 39.78

Tatung Co's Days Sales Outstanding declined from Mar. 2023 (54.32) to Mar. 2024 (39.46).

Tatung Co Days Sales Outstanding Historical Data

The historical data trend for Tatung 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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Tatung Co Days Sales Outstanding Chart

Tatung Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.49

51.94

48.22

57.85

44.22

Tatung Co 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															54.32	42.49	47.27	33.25	39.46

Competitive Comparison of Tatung Co's Days Sales Outstanding

For the Conglomerates subindustry, Tatung 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.

Tatung Co's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tatung Co's Days Sales Outstanding distribution charts can be found below:

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

Tatung 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.

Tatung 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
=	( (7184.996	+	5013.799)	/	2 )	/	50351.118	*	365
=	6099.3975					/	50351.118	*	365
=	44.22

Tatung Co'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
=	( (5013.799	+	4344.074)	/	2 )	/	10820.414	*	365 / 4
=	4678.9365					/	10820.414	*	365 / 4
=	39.46

Tatung Co (TPE:2371) Days Sales Outstanding Explanation

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

Tatung Co Days Sales Outstanding Related Terms

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Tatung Co (TPE:2371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tatung Co Ltd (TPE:2371) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Section 3, Zhongshan North Road, Taipei, TWN, 104427

Website

http://www.tatung.com.tw

Tatung Co Ltd is a Taiwan-based conglomerate that primarily operates through the following business groups. The Optoelectronics business group manufactures TFD - LCD, small and medium-sized panels. The consumer business group produces digital entertainment products, Internet of Things products, air conditioners, home appliances, LED TVs, and other products. The Machinery and system business group is engaged in areas such as the Internet of Things and smart grid, new energy systems, motors, machinery and energy systems.; and the Real estate segments. The company generates most of its revenue from Taiwan, China, and Asia.

Tatung Co (TPE:2371) Headlines

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