MITAC Holdings (TPE:3706) Days Sales Outstanding : 101.65 (As of Dec. 2023)

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What is MITAC Holdings Days Sales Outstanding?

MITAC Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was NT$5,489 Mil. MITAC Holdings's Revenue for the three months ended in Dec. 2023 was NT$4,927 Mil. Hence, MITAC Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.65.

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

TPE:3706' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.64 Med: 55.45 Max: 61.18
Current: 61.18

During the past 13 years, MITAC Holdings's highest Days Sales Outstanding was 61.18. The lowest was 46.64. And the median was 55.45.

TPE:3706's Days Sales Outstanding is ranked better than
65.51% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs TPE:3706: 61.18

MITAC Holdings's Days Sales Outstanding increased from Dec. 2022 (57.67) to Dec. 2023 (101.65).

MITAC Holdings Days Sales Outstanding Historical Data

The historical data trend for MITAC Holdings'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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MITAC Holdings Days Sales Outstanding Chart

MITAC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.85

51.76

46.64

50.80

60.51

MITAC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															57.67	70.35	49.26	47.61	101.65

Competitive Comparison of MITAC Holdings's Days Sales Outstanding

For the Computer Hardware subindustry, MITAC Holdings'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.

MITAC Holdings's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where MITAC Holdings's Days Sales Outstanding falls into.

MITAC Holdings 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.

MITAC Holdings'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
=	( (7732.508	+	4050.087)	/	2 )	/	35536.013	*	365
=	5891.2975					/	35536.013	*	365
=	60.51

MITAC Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6927.95	+	4050.087)	/	2 )	/	4927.346	*	365 / 4
=	5489.0185					/	4927.346	*	365 / 4
=	101.65

MITAC Holdings (TPE:3706) Days Sales Outstanding Explanation

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

MITAC Holdings Days Sales Outstanding Related Terms

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MITAC Holdings (TPE:3706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MITAC Holdings Corp (TPE:3706) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383

Website

https://www.mitac.com

MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.

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