Tech-Top Engineering Co (ROCO:6750) Days Sales Outstanding : 56.09 (As of Dec. 2023)

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What is Tech-Top Engineering Co Days Sales Outstanding?

Tech-Top Engineering Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$463 Mil. Tech-Top Engineering Co's Revenue for the six months ended in Dec. 2023 was NT$1,505 Mil. Hence, Tech-Top Engineering Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 56.09.

The historical rank and industry rank for Tech-Top Engineering Co's Days Sales Outstanding or its related term are showing as below:

ROCO:6750' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.48 Med: 58.86 Max: 112
Current: 53.15

During the past 7 years, Tech-Top Engineering Co's highest Days Sales Outstanding was 112.00. The lowest was 42.48. And the median was 58.86.

ROCO:6750's Days Sales Outstanding is ranked better than
68.59% of 1646 companies
in the Construction industry
Industry Median: 72.31 vs ROCO:6750: 53.15

Tech-Top Engineering Co's Days Sales Outstanding increased from Dec. 2022 (31.74) to Dec. 2023 (56.09).

Tech-Top Engineering Co Days Sales Outstanding Historical Data

The historical data trend for Tech-Top Engineering 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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Tech-Top Engineering Co Days Sales Outstanding Chart

Tech-Top Engineering Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

84.63

58.86

46.23

42.48

50.77

Tech-Top Engineering Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								51.31	63.46	31.74	52.38	56.09

Competitive Comparison of Tech-Top Engineering Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Tech-Top Engineering 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.

Tech-Top Engineering Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tech-Top Engineering Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tech-Top Engineering Co's Days Sales Outstanding falls into.

Tech-Top Engineering 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.

Tech-Top Engineering 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
=	( (321.911	+	472.405)	/	2 )	/	2855.271	*	365
=	397.158					/	2855.271	*	365
=	50.77

Tech-Top Engineering 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
=	( (452.914	+	472.405)	/	2 )	/	1505.413	*	365 / 2
=	462.6595					/	1505.413	*	365 / 2
=	56.09

Tech-Top Engineering Co (ROCO:6750) Days Sales Outstanding Explanation

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

Tech-Top Engineering Co Days Sales Outstanding Related Terms

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Tech-Top Engineering Co (ROCO:6750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tech-Top Engineering Co Ltd (ROCO:6750) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 158 Jiankang Road, 10 Floor, Zhonghe District, Taipei, TWN

Website

http://www.tech-top-eng.com

Tech-Top Engineering Co Ltd is an engineering company that provides services for cleanroom setup, water, and electrical supply system, fire control system, air conditioning, and laboratory facility. The company also provides PV and BIPV design, planning and construction.

Tech-Top Engineering Co (ROCO:6750) Headlines

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