Motion Technology Electric & Machinery Co (ROCO:4589) Days Sales Outstanding : 74.32 (As of Dec. 2023)

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What is Motion Technology Electric & Machinery Co Days Sales Outstanding?

Motion Technology Electric & Machinery Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$164.3 Mil. Motion Technology Electric & Machinery Co's Revenue for the six months ended in Dec. 2023 was NT$403.3 Mil. Hence, Motion Technology Electric & Machinery Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 74.32.

The historical rank and industry rank for Motion Technology Electric & Machinery Co's Days Sales Outstanding or its related term are showing as below:

ROCO:4589' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.78 Med: 64.11 Max: 71.95
Current: 65.88

During the past 3 years, Motion Technology Electric & Machinery Co's highest Days Sales Outstanding was 71.95. The lowest was 63.78. And the median was 64.11.

ROCO:4589's Days Sales Outstanding is ranked better than
65.04% of 2946 companies
in the Industrial Products industry
Industry Median: 79.93 vs ROCO:4589: 65.88

Motion Technology Electric & Machinery Co's Days Sales Outstanding increased from Dec. 2022 (67.44) to Dec. 2023 (74.32).

Motion Technology Electric & Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Motion Technology Electric & Machinery 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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Motion Technology Electric & Machinery Co Days Sales Outstanding Chart

Motion Technology Electric & Machinery Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

71.95

64.11

63.78

Motion Technology Electric & Machinery Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	60.63	67.44	61.18	74.32

Competitive Comparison of Motion Technology Electric & Machinery Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Motion Technology Electric & Machinery 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.

Motion Technology Electric & Machinery Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Motion Technology Electric & Machinery Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Motion Technology Electric & Machinery Co's Days Sales Outstanding falls into.

Motion Technology Electric & Machinery 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.

Motion Technology Electric & Machinery 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
=	( (170.196	+	151.652)	/	2 )	/	920.96	*	365
=	160.924					/	920.96	*	365
=	63.78

Motion Technology Electric & Machinery 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
=	( (176.851	+	151.652)	/	2 )	/	403.33	*	365 / 2
=	164.2515					/	403.33	*	365 / 2
=	74.32

Motion Technology Electric & Machinery Co (ROCO:4589) Days Sales Outstanding Explanation

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

Motion Technology Electric & Machinery Co Days Sales Outstanding Related Terms

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Motion Technology Electric & Machinery Co (ROCO:4589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Motion Technology Electric & Machinery Co Ltd (ROCO:4589) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Lane 76, Neiding 20th Street, Zhongli District, Taoyuan City, TWN, 320

Website

https://www.motiontech.com.tw

Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control.

Motion Technology Electric & Machinery Co (ROCO:4589) Headlines

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