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Far Eastern New Century (TPE:1402) Days Sales Outstanding : 47.06 (As of Mar. 2024)


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What is Far Eastern New Century Days Sales Outstanding?

Far Eastern New Century's average Accounts Receivable for the three months ended in Mar. 2024 was NT$33,737 Mil. Far Eastern New Century's Revenue for the three months ended in Mar. 2024 was NT$65,409 Mil. Hence, Far Eastern New Century's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.06.

The historical rank and industry rank for Far Eastern New Century's Days Sales Outstanding or its related term are showing as below:

TPE:1402' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.4   Med: 43.41   Max: 47.42
Current: 46.39

During the past 13 years, Far Eastern New Century's highest Days Sales Outstanding was 47.42. The lowest was 40.40. And the median was 43.41.

TPE:1402's Days Sales Outstanding is ranked better than
58.16% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.075 vs TPE:1402: 46.39

Far Eastern New Century's Days Sales Outstanding increased from Mar. 2023 (44.39) to Mar. 2024 (47.06).


Far Eastern New Century Days Sales Outstanding Historical Data

The historical data trend for Far Eastern New Century'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.

Far Eastern New Century Days Sales Outstanding Chart

Far Eastern New Century Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.07 47.42 42.89 40.40 43.93

Far Eastern New Century 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.39 45.13 46.79 46.80 47.06

Competitive Comparison of Far Eastern New Century's Days Sales Outstanding

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's Days Sales Outstanding falls into.



Far Eastern New Century 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.

Far Eastern New Century'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
=( (29095.332 + 32559.191) / 2 ) / 256145.059*365
=30827.2615 / 256145.059*365
=43.93

Far Eastern New Century'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
=( (32559.191 + 34913.866) / 2 ) / 65409.19*365 / 4
=33736.5285 / 65409.19*365 / 4
=47.06

* 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.


Far Eastern New Century  (TPE:1402) Days Sales Outstanding Explanation

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


Far Eastern New Century Days Sales Outstanding Related Terms

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Far Eastern New Century (TPE:1402) Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China, Vietnam, the United States, and Southeast Asia. The company is organized into a business that includes telecommunication, polyester, textiles, property development, and others. The telecommunication business offers wireless telecommunications and cloud services and sells mobile equipment products. The petrochemical business mainly engages in the production and sales of PTA goods. The polyester business produces and sells various polyester and PET products. The textile business produces finished yarns, fabrics, and clothes. The company generates the majority of its revenue from its polyester segments, and most of its revenue is derived from Taiwan.

Far Eastern New Century (TPE:1402) Headlines

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