Chicony Electronics Co (TPE:2385) Days Sales Outstanding : 83.97 (As of Mar. 2024)

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What is Chicony Electronics Co Days Sales Outstanding?

Chicony Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$21,023 Mil. Chicony Electronics Co's Revenue for the three months ended in Mar. 2024 was NT$22,846 Mil. Hence, Chicony Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.97.

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

TPE:2385' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.81 Med: 85.47 Max: 89.49
Current: 80.3

During the past 13 years, Chicony Electronics Co's highest Days Sales Outstanding was 89.49. The lowest was 75.81. And the median was 85.47.

TPE:2385's Days Sales Outstanding is ranked worse than
55.1% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs TPE:2385: 80.30

Chicony Electronics Co's Days Sales Outstanding declined from Mar. 2023 (91.74) to Mar. 2024 (83.97).

Chicony Electronics Co Days Sales Outstanding Historical Data

The historical data trend for Chicony Electronics 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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Chicony Electronics Co Days Sales Outstanding Chart

Chicony Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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75.81

84.60

89.02

85.28

87.08

Chicony Electronics 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															91.74	76.24	80.91	85.07	83.97

Competitive Comparison of Chicony Electronics Co's Days Sales Outstanding

For the Computer Hardware subindustry, Chicony Electronics 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.

Chicony Electronics Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chicony Electronics Co's Days Sales Outstanding distribution charts can be found below:

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

Chicony Electronics 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.

Chicony Electronics 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
=	( (25219.26	+	21693.51)	/	2 )	/	98322.545	*	365
=	23456.385					/	98322.545	*	365
=	87.08

Chicony Electronics 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
=	( (21693.51	+	20353.476)	/	2 )	/	22845.902	*	365 / 4
=	21023.493					/	22845.902	*	365 / 4
=	83.97

Chicony Electronics Co (TPE:2385) Days Sales Outstanding Explanation

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

Chicony Electronics Co Days Sales Outstanding Related Terms

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Chicony Electronics Co (TPE:2385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chicony Electronics Co Ltd (TPE:2385) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69, Guangfu Road, Section 2, Sanchong District, New Taipei, TWN, 24158

Website

https://www.chicony.com.tw

Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The four major product lines are input devices, portable keyboard modules, visual and image products as well as camera lens modules, keyboards, Internet cameras and Notebook camera modules. The sales of sports video-recorders and external tablet keyboards have also been growing.

Chicony Electronics Co (TPE:2385) Headlines

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