Kings Metal Fiber Technologies Co (ROCO:6832) Days Sales Outstanding : 65.53 (As of Dec. 2023)

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What is Kings Metal Fiber Technologies Co Days Sales Outstanding?

Kings Metal Fiber Technologies Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$75.9 Mil. Kings Metal Fiber Technologies Co's Revenue for the six months ended in Dec. 2023 was NT$211.5 Mil. Hence, Kings Metal Fiber Technologies Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.53.

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

ROCO:6832' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.43 Med: 58.98 Max: 65.12
Current: 61.08

During the past 6 years, Kings Metal Fiber Technologies Co's highest Days Sales Outstanding was 65.12. The lowest was 57.43. And the median was 58.98.

ROCO:6832's Days Sales Outstanding is ranked worse than
59.22% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.075 vs ROCO:6832: 61.08

Kings Metal Fiber Technologies Co's Days Sales Outstanding increased from Dec. 2022 (57.83) to Dec. 2023 (65.53).

Kings Metal Fiber Technologies Co Days Sales Outstanding Historical Data

The historical data trend for Kings Metal Fiber 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.

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Kings Metal Fiber Technologies Co Days Sales Outstanding Chart

Kings Metal Fiber Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

58.13

59.97

59.82

57.43

57.80

Kings Metal Fiber Technologies Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					65.80	57.53	57.83	60.19	65.53

Competitive Comparison of Kings Metal Fiber Technologies Co's Days Sales Outstanding

For the Textile Manufacturing subindustry, Kings Metal Fiber 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.

Kings Metal Fiber Technologies Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kings Metal Fiber Technologies Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kings Metal Fiber Technologies Co's Days Sales Outstanding falls into.

Kings Metal Fiber 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.

Kings Metal Fiber 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
=	( (72.634	+	68.988)	/	2 )	/	447.171	*	365
=	70.811					/	447.171	*	365
=	57.80

Kings Metal Fiber Technologies 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
=	( (82.856	+	68.988)	/	2 )	/	211.453	*	365 / 2
=	75.922					/	211.453	*	365 / 2
=	65.53

Kings Metal Fiber Technologies Co (ROCO:6832) Days Sales Outstanding Explanation

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

Kings Metal Fiber Technologies Co Days Sales Outstanding Related Terms

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Kings Metal Fiber Technologies Co (ROCO:6832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kings Metal Fiber Technologies Co Ltd (ROCO:6832) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Linsen N. Road, 8th Floor, No. 426, Zhongshan District, Taipei, TWN, 104

Website

http://www.kingsmetalfiber.com

Kings Metal Fiber Technologies Co Ltd is engaged in the business of advanced textiles. Its customer base ranges from glass manufacturing industries to smart clothing retail markets. By transforming stainless steel fibers into soft and smooth textile constructions, the company provides the ideal buffer material for contacting the hot surfaces of glass during its forming process.

Kings Metal Fiber Technologies Co (ROCO:6832) Headlines

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