Asia Cement (TPE:1102) Days Sales Outstanding : 48.09 (As of Dec. 2023)

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What is Asia Cement Days Sales Outstanding?

Asia Cement's average Accounts Receivable for the three months ended in Dec. 2023 was NT$10,511 Mil. Asia Cement's Revenue for the three months ended in Dec. 2023 was NT$19,944 Mil. Hence, Asia Cement's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.09.

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

TPE:1102' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.38 Med: 48.87 Max: 64.37
Current: 47.73

During the past 13 years, Asia Cement's highest Days Sales Outstanding was 64.37. The lowest was 41.38. And the median was 48.87.

TPE:1102's Days Sales Outstanding is ranked better than
60.26% of 380 companies
in the Building Materials industry
Industry Median: 55.495 vs TPE:1102: 47.73

Asia Cement's Days Sales Outstanding increased from Dec. 2022 (41.22) to Dec. 2023 (48.09).

Asia Cement Days Sales Outstanding Historical Data

The historical data trend for Asia Cement'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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Asia Cement Days Sales Outstanding Chart

Asia Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

43.28

47.73

41.38

45.28

50.01

Asia Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															41.22	51.40	43.10	46.43	48.09

Competitive Comparison of Asia Cement's Days Sales Outstanding

For the Building Materials subindustry, Asia Cement'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.

Asia Cement's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Asia Cement's Days Sales Outstanding falls into.

Asia Cement 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.

Asia Cement'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
=	( (11435.29	+	10538.528)	/	2 )	/	80182.799	*	365
=	10986.909					/	80182.799	*	365
=	50.01

Asia Cement'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (10483.658	+	10538.528)	/	2 )	/	19943.713	*	365 / 4
=	10511.093					/	19943.713	*	365 / 4
=	48.09

Asia Cement (TPE:1102) Days Sales Outstanding Explanation

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

Asia Cement Days Sales Outstanding Related Terms

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Asia Cement (TPE:1102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement Corp (TPE:1102) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106

Website

https://www.acc.com.tw

Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

Asia Cement (TPE:1102) Headlines

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