E-Elements Technology Co (ROCO:6842) Days Sales Outstanding : 66.69 (As of Dec. 2023)

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What is E-Elements Technology Co Days Sales Outstanding?

E-Elements Technology Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$97.8 Mil. E-Elements Technology Co's Revenue for the six months ended in Dec. 2023 was NT$267.6 Mil. Hence, E-Elements Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 66.69.

The historical rank and industry rank for E-Elements Technology Co's Days Sales Outstanding or its related term are showing as below:

ROCO:6842' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.77 Med: 64.08 Max: 93.42
Current: 80.68

During the past 6 years, E-Elements Technology Co's highest Days Sales Outstanding was 93.42. The lowest was 35.77. And the median was 64.08.

ROCO:6842's Days Sales Outstanding is ranked worse than
56.04% of 2457 companies
in the Hardware industry
Industry Median: 74.25 vs ROCO:6842: 80.68

E-Elements Technology Co's Days Sales Outstanding increased from Dec. 2022 (66.13) to Dec. 2023 (66.69).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

E-Elements Technology Co Days Sales Outstanding Historical Data

The historical data trend for E-Elements Technology 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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E-Elements Technology Co Days Sales Outstanding Chart

E-Elements Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

77.44

37.65

35.77

69.95

93.42

E-Elements Technology Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					30.74	59.11	66.13	80.02	66.69

Competitive Comparison of E-Elements Technology Co's Days Sales Outstanding

For the Electronic Components subindustry, E-Elements Technology 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.

E-Elements Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, E-Elements Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where E-Elements Technology Co's Days Sales Outstanding falls into.

E-Elements Technology 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.

E-Elements Technology 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
=	( (218.449	+	101.19)	/	2 )	/	624.402	*	365
=	159.8195					/	624.402	*	365
=	93.42

E-Elements Technology 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
=	( (94.406	+	101.19)	/	2 )	/	267.623	*	365 / 2
=	97.798					/	267.623	*	365 / 2
=	66.69

E-Elements Technology Co (ROCO:6842) Days Sales Outstanding Explanation

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

E-Elements Technology Co Days Sales Outstanding Related Terms

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E-Elements Technology Co (ROCO:6842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E-Elements Technology Co Ltd (ROCO:6842) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Ruiguang Road, No.61, Lane 76, Neihu District, Taipei, TWN

Website

http://www.e-elements.com

E-Elements Technology Co Ltd is engaged in the advanced field programmable gate array system design, training, technological consultation services, and supplying laboratory equipment of universities. The company aims at establishing long-term strategic partnership with programmable logic device/ system on chip manufacturers to offer design services to customers with high-tech and competitive solutions and cooperate with universities, research institutes and enterprises on new technology popularization.

E-Elements Technology Co (ROCO:6842) Headlines

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