Joy Industrial Co (ROCO:4559) Days Sales Outstanding : 88.25 (As of Dec. 2023)

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What is Joy Industrial Co Days Sales Outstanding?

Joy Industrial Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$233.3 Mil. Joy Industrial Co's Revenue for the six months ended in Dec. 2023 was NT$482.5 Mil. Hence, Joy Industrial Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 88.25.

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

ROCO:4559' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.71 Med: 93.31 Max: 109.61
Current: 98.77

During the past 12 years, Joy Industrial Co's highest Days Sales Outstanding was 109.61. The lowest was 81.71. And the median was 93.31.

ROCO:4559's Days Sales Outstanding is ranked worse than
84.95% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.24 vs ROCO:4559: 98.77

Joy Industrial Co's Days Sales Outstanding declined from Dec. 2022 (89.93) to Dec. 2023 (88.25).

Joy Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Joy Industrial 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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Joy Industrial Co Days Sales Outstanding Chart

Joy Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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95.85

93.50

81.71

83.32

109.61

Joy Industrial Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															73.48	91.40	89.93	98.75	88.25

Competitive Comparison of Joy Industrial Co's Days Sales Outstanding

For the Auto Parts subindustry, Joy Industrial 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.

Joy Industrial Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Joy Industrial Co's Days Sales Outstanding distribution charts can be found below:

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

Joy Industrial 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.

Joy Industrial 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
=	( (294.266	+	268.713)	/	2 )	/	937.319	*	365
=	281.4895					/	937.319	*	365
=	109.61

Joy Industrial 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
=	( (197.919	+	268.713)	/	2 )	/	482.51	*	365 / 2
=	233.316					/	482.51	*	365 / 2
=	88.25

Joy Industrial Co (ROCO:4559) Days Sales Outstanding Explanation

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

Joy Industrial Co Days Sales Outstanding Related Terms

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Joy Industrial Co (ROCO:4559) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Joy Industrial Co Ltd (ROCO:4559) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chang-Ping Road, No. 9, Lane 462, Sector 4, Daya, Taichung, TWN, 42850

Website

http://www.joy-tech.com.tw

Joy Industrial Co Ltd is engaged in manufacturing, developing, and selling related products for bicycles, and motorcycle parts.. The company's products include hubs and wheelset series.

Joy Industrial Co (ROCO:4559) Headlines

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