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Lagis Enterprise Co (ROCO:6730) Days Sales Outstanding : 30.35 (As of Dec. 2023)


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What is Lagis Enterprise Co Days Sales Outstanding?

Lagis Enterprise Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$40.6 Mil. Lagis Enterprise Co's Revenue for the six months ended in Dec. 2023 was NT$244.4 Mil. Hence, Lagis Enterprise Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 30.35.

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

ROCO:6730' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.91   Med: 25.6   Max: 29.65
Current: 28.36

During the past 8 years, Lagis Enterprise Co's highest Days Sales Outstanding was 29.65. The lowest was 22.91. And the median was 25.60.

ROCO:6730's Days Sales Outstanding is ranked better than
91.45% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.92 vs ROCO:6730: 28.36

Lagis Enterprise Co's Days Sales Outstanding declined from Dec. 2022 (34.07) to Dec. 2023 (30.35).


Lagis Enterprise Co Days Sales Outstanding Historical Data

The historical data trend for Lagis 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.

* Premium members only.

Lagis Enterprise Co Days Sales Outstanding Chart

Lagis Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 25.57 29.65 26.96 24.74 25.61

Lagis Enterprise Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.06 27.39 34.07 29.03 30.35

Competitive Comparison of Lagis Enterprise Co's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Lagis 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.


Lagis Enterprise Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lagis Enterprise Co's Days Sales Outstanding distribution charts can be found below:

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



Lagis 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.

Lagis 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
=( (25.909 + 38.621) / 2 ) / 459.932*365
=32.265 / 459.932*365
=25.61

Lagis Enterprise Co'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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (42.661 + 38.621) / 2 ) / 244.417*365 / 2
=40.641 / 244.417*365 / 2
=30.35

* 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.


Lagis Enterprise Co  (ROCO:6730) Days Sales Outstanding Explanation

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


Lagis Enterprise Co Days Sales Outstanding Related Terms

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Lagis Enterprise Co (ROCO:6730) Business Description

Traded in Other Exchanges
N/A
Address
No.29, Gong 1st Road, Dajia District, Taichung, TWN, 43767
Lagis Enterprise Co Ltd is a medical device development company that designs, patents, and markets medical devices for the laparoscopic and endoscopic surgical markets. Its product portfolio includes Access, Endo Devices, Specimen Retrieval products, Suction Irrigation systems, Training systems, and accessories.

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