Formosa Advanced Technologies Co (TPE:8131) Days Sales Outstanding : 60.44 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Formosa Advanced Technologies Co Days Sales Outstanding?

Formosa Advanced Technologies Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,563 Mil. Formosa Advanced Technologies Co's Revenue for the three months ended in Mar. 2024 was NT$2,360 Mil. Hence, Formosa Advanced Technologies Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.44.

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

TPE:8131' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.92 Med: 67.4 Max: 77.08
Current: 65.87

During the past 13 years, Formosa Advanced Technologies Co's highest Days Sales Outstanding was 77.08. The lowest was 60.92. And the median was 67.40.

TPE:8131's Days Sales Outstanding is ranked worse than
53.92% of 981 companies
in the Semiconductors industry
Industry Median: 62.83 vs TPE:8131: 65.87

Formosa Advanced Technologies Co's Days Sales Outstanding declined from Mar. 2023 (74.35) to Mar. 2024 (60.44).

Formosa Advanced Technologies Co Days Sales Outstanding Historical Data

The historical data trend for Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co Days Sales Outstanding Chart

Formosa Advanced Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

66.49

65.51

60.92

61.84

77.08

Formosa Advanced Technologies Co 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															74.35	69.19	62.70	57.84	60.44

Competitive Comparison of Formosa Advanced Technologies Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Formosa Advanced Technologies Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Formosa Advanced Technologies Co's Days Sales Outstanding falls into.

Formosa Advanced Technologies 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.

Formosa Advanced Technologies 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
=	( (1844.19	+	1386.19)	/	2 )	/	7648.594	*	365
=	1615.19					/	7648.594	*	365
=	77.08

Formosa Advanced Technologies Co'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
=	( (1386.19	+	1739.419)	/	2 )	/	2359.653	*	365 / 4
=	1562.8045					/	2359.653	*	365 / 4
=	60.44

Formosa Advanced Technologies Co (TPE:8131) Days Sales Outstanding Explanation

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

Formosa Advanced Technologies Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Formosa Advanced Technologies Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Formosa Advanced Technologies Co (TPE:8131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Formosa Advanced Technologies Co Ltd (TPE:8131) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.329, Ho-Nan Street, Touliu, TWN, 640

Website

https://www.fatc.com.tw

Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing and module Turn-Key service in Taiwan. Its operations include the packaging, testing, processing, and research and development of integrated chips. The group's business activity is operated in Taiwan, Hong Kong, and South Korea. It provides services applied in thin small-outline packages (TSOPs), quad flat packages (QFPs), ball grid array (BGA) packages, chip probing (CP) testing, solid-state disk (SSD) testing, system-in-package (SIP) testing, embedded multimedia card (eMMC) testing, as well as cutting, grinding and testing of light-emitting diodes (LED) wafers, among others.

Formosa Advanced Technologies Co (TPE:8131) Headlines

No Headlines