Ostin Technology Group Co (Ostin Technology Group Co) Days Sales Outstanding : 43.73 (As of Sep. 2023)

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What is Ostin Technology Group Co Days Sales Outstanding?

Ostin Technology Group Co's average Accounts Receivable for the six months ended in Sep. 2023 was $5.57 Mil. Ostin Technology Group Co's Revenue for the six months ended in Sep. 2023 was $23.23 Mil. Hence, Ostin Technology Group Co's Days Sales Outstanding for the six months ended in Sep. 2023 was 43.73.

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

OST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.51 Med: 38.43 Max: 55.09
Current: 36.81

During the past 5 years, Ostin Technology Group Co's highest Days Sales Outstanding was 55.09. The lowest was 16.51. And the median was 38.43.

OST's Days Sales Outstanding is ranked better than
89.09% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs OST: 36.81

Ostin Technology Group Co's Days Sales Outstanding declined from Sep. 2022 (43.97) to Sep. 2023 (43.73).

Ostin Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for Ostin Technology Group 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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Ostin Technology Group Co Days Sales Outstanding Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

22.72

16.51

38.43

55.09

40.47

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial				45.76	62.44	43.97	29.06	43.73

Competitive Comparison of Ostin Technology Group Co's Days Sales Outstanding

For the Electronic Components subindustry, Ostin Technology Group 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.

Ostin Technology Group Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Ostin Technology Group 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.

Ostin Technology Group Co's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (6.271	+	6.485)	/	2 )	/	57.526	*	365
=	6.378					/	57.526	*	365
=	40.47

Ostin Technology Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (4.649	+	6.485)	/	2 )	/	23.231	*	365 / 2
=	5.567					/	23.231	*	365 / 2
=	43.73

Ostin Technology Group Co (NAS:OST) Days Sales Outstanding Explanation

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

Ostin Technology Group Co Days Sales Outstanding Related Terms

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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046

Website

http://www.austinelec.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.