Quang Viet Enterprise Co (TPE:4438) Days Sales Outstanding : 49.35 (As of Mar. 2024)

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What is Quang Viet Enterprise Co Days Sales Outstanding?

Quang Viet Enterprise Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,280 Mil. Quang Viet Enterprise Co's Revenue for the three months ended in Mar. 2024 was NT$2,368 Mil. Hence, Quang Viet Enterprise Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.35.

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

TPE:4438' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.74 Med: 32.62 Max: 52.75
Current: 52.75

During the past 12 years, Quang Viet Enterprise Co's highest Days Sales Outstanding was 52.75. The lowest was 22.74. And the median was 32.62.

TPE:4438's Days Sales Outstanding is ranked better than
50.87% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs TPE:4438: 52.75

Quang Viet Enterprise Co's Days Sales Outstanding declined from Mar. 2023 (58.22) to Mar. 2024 (49.35).

Quang Viet Enterprise Co Days Sales Outstanding Historical Data

The historical data trend for Quang Viet Enterprise 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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Quang Viet Enterprise Co Days Sales Outstanding Chart

Quang Viet Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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28.38

31.10

42.15

35.02

34.57

Quang Viet Enterprise 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															58.22	45.71	53.35	99.76	49.35

Competitive Comparison of Quang Viet Enterprise Co's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Quang Viet Enterprise 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.

Quang Viet Enterprise Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Days Sales Outstanding distribution charts can be found below:

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

Quang Viet Enterprise 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.

Quang Viet Enterprise 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
=	( (1815.709	+	1319.915)	/	2 )	/	16552.812	*	365
=	1567.812					/	16552.812	*	365
=	34.57

Quang Viet Enterprise 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
=	( (1319.915	+	1240.851)	/	2 )	/	2367.635	*	365 / 4
=	1280.383					/	2367.635	*	365 / 4
=	49.35

Quang Viet Enterprise Co (TPE:4438) Days Sales Outstanding Explanation

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

Quang Viet Enterprise Co Days Sales Outstanding Related Terms

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Quang Viet Enterprise Co (TPE:4438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Quang Viet Enterprise Co Ltd (TPE:4438) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492

Website

http://www.qve.com.tw

Quang Viet Enterprise Co Ltd is a garment supplying company. The company is engaged in the manufacturing, processing, and sale of garments and raw materials. The company generates the majority of its revenue from the Garment segment. The products of the company include Down jackets, Fiberfill jackets, Light jackets & parkas, and Others. The company's geographical segments are North America, China, Europe, Japan, Russia, and Others.

Quang Viet Enterprise Co (TPE:4438) Headlines

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