Shenmao Technology (TPE:3305) Days Sales Outstanding : 114.74 (As of Mar. 2024)

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What is Shenmao Technology Days Sales Outstanding?

Shenmao Technology's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,901 Mil. Shenmao Technology's Revenue for the three months ended in Mar. 2024 was NT$1,511 Mil. Hence, Shenmao Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 114.74.

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

TPE:3305' s Days Sales Outstanding Range Over the Past 10 Years
Min: 111.42 Med: 118.81 Max: 134.88
Current: 116.24

During the past 13 years, Shenmao Technology's highest Days Sales Outstanding was 134.88. The lowest was 111.42. And the median was 118.81.

TPE:3305's Days Sales Outstanding is ranked worse than
79.35% of 2460 companies
in the Hardware industry
Industry Median: 74.515 vs TPE:3305: 116.24

Shenmao Technology's Days Sales Outstanding declined from Mar. 2023 (123.79) to Mar. 2024 (114.74).

Shenmao Technology Days Sales Outstanding Historical Data

The historical data trend for Shenmao Technology'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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Shenmao Technology Days Sales Outstanding Chart

Shenmao Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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113.41

123.79

111.42

113.87

119.36

Shenmao Technology 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															123.79	115.41	112.46	124.35	114.74

Competitive Comparison of Shenmao Technology's Days Sales Outstanding

For the Electronic Components subindustry, Shenmao Technology'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.

Shenmao Technology's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Shenmao Technology 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.

Shenmao Technology'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
=	( (2146.796	+	1855.052)	/	2 )	/	6118.6	*	365
=	2000.924					/	6118.6	*	365
=	119.36

Shenmao Technology'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
=	( (1855.052	+	1945.995)	/	2 )	/	1511.459	*	365 / 4
=	1900.5235					/	1511.459	*	365 / 4
=	114.74

Shenmao Technology (TPE:3305) Days Sales Outstanding Explanation

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

Shenmao Technology Days Sales Outstanding Related Terms

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Shenmao Technology (TPE:3305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenmao Technology Inc (TPE:3305) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 665, Datan North Road, Guanyin District, Taoyuan, TWN, 32841

Website

http://www.shenmao.com

Shenmao Technology Inc and its subsidiaries are the manufacture and sale of solder wire, solder bar, BGA solder ball, and solder paste. The company has its geographic presence in Taiwan, Mainland China, and other countries.

Shenmao Technology (TPE:3305) Headlines

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