Hiwin Mikrosystem (TPE:4576) Days Sales Outstanding : 80.75 (As of Mar. 2024)

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What is Hiwin Mikrosystem Days Sales Outstanding?

Hiwin Mikrosystem's average Accounts Receivable for the three months ended in Mar. 2024 was NT$402 Mil. Hiwin Mikrosystem's Revenue for the three months ended in Mar. 2024 was NT$454 Mil. Hence, Hiwin Mikrosystem's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.75.

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

TPE:4576' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.97 Med: 65.21 Max: 80.19
Current: 72.72

During the past 9 years, Hiwin Mikrosystem's highest Days Sales Outstanding was 80.19. The lowest was 56.97. And the median was 65.21.

TPE:4576's Days Sales Outstanding is ranked better than
55.36% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs TPE:4576: 72.72

Hiwin Mikrosystem's Days Sales Outstanding increased from Mar. 2023 (74.68) to Mar. 2024 (80.75).

Hiwin Mikrosystem Days Sales Outstanding Historical Data

The historical data trend for Hiwin Mikrosystem'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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Hiwin Mikrosystem Days Sales Outstanding Chart

Hiwin Mikrosystem Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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76.51

60.44

56.97

59.86

78.69

Hiwin Mikrosystem 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															74.68	66.76	76.47	73.19	80.75

Competitive Comparison of Hiwin Mikrosystem's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.

Hiwin Mikrosystem's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hiwin Mikrosystem's Days Sales Outstanding falls into.

Hiwin Mikrosystem 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.

Hiwin Mikrosystem'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
=	( (495.33	+	440.372)	/	2 )	/	2170.2	*	365
=	467.851					/	2170.2	*	365
=	78.69

Hiwin Mikrosystem'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
=	( (440.372	+	363.091)	/	2 )	/	453.943	*	365 / 4
=	401.7315					/	453.943	*	365 / 4
=	80.75

Hiwin Mikrosystem (TPE:4576) Days Sales Outstanding Explanation

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

Hiwin Mikrosystem Days Sales Outstanding Related Terms

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Hiwin Mikrosystem (TPE:4576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Mikrosystem Corp (TPE:4576) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN

Website

https://www.hiwinmikro.com.tw

Hiwin Mikrosystem Corp is engaged in manufactures, repairs and sells a variety of motors, drives and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motor, single axis motor, among other. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation.

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