Shine Trend International Multimedia Tec (ROCO:6856) Days Sales Outstanding : 25.84 (As of Mar. 2024)

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What is Shine Trend International Multimedia Tec Days Sales Outstanding?

Shine Trend International Multimedia Tec's average Accounts Receivable for the three months ended in Mar. 2024 was NT$29.2 Mil. Shine Trend International Multimedia Tec's Revenue for the three months ended in Mar. 2024 was NT$103.2 Mil. Hence, Shine Trend International Multimedia Tec's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.84.

The historical rank and industry rank for Shine Trend International Multimedia Tec's Days Sales Outstanding or its related term are showing as below:

ROCO:6856' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.53 Med: 31.78 Max: 41.69
Current: 26.53

During the past 6 years, Shine Trend International Multimedia Tec's highest Days Sales Outstanding was 41.69. The lowest was 26.53. And the median was 31.78.

ROCO:6856's Days Sales Outstanding is ranked better than
87.54% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs ROCO:6856: 26.53

Shine Trend International Multimedia Tec's Days Sales Outstanding increased from Mar. 2023 (25.83) to Mar. 2024 (25.84).

Shine Trend International Multimedia Tec Days Sales Outstanding Historical Data

The historical data trend for Shine Trend International Multimedia Tec'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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Shine Trend International Multimedia Tec Days Sales Outstanding Chart

Shine Trend International Multimedia Tec Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

33.28

27.11

36.62

30.27

29.67

Shine Trend International Multimedia Tec Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										25.83	25.41	29.06	28.77	25.84

Competitive Comparison of Shine Trend International Multimedia Tec's Days Sales Outstanding

For the Entertainment subindustry, Shine Trend International Multimedia Tec'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.

Shine Trend International Multimedia Tec's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shine Trend International Multimedia Tec's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shine Trend International Multimedia Tec's Days Sales Outstanding falls into.

Shine Trend International Multimedia Tec 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.

Shine Trend International Multimedia Tec'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
=	( (31.995	+	32.42)	/	2 )	/	396.188	*	365
=	32.2075					/	396.188	*	365
=	29.67

Shine Trend International Multimedia Tec's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (32.42	+	26.041)	/	2 )	/	103.222	*	365 / 4
=	29.2305					/	103.222	*	365 / 4
=	25.84

Shine Trend International Multimedia Tec (ROCO:6856) Days Sales Outstanding Explanation

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

Shine Trend International Multimedia Tec Days Sales Outstanding Related Terms

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Shine Trend International Multimedia Tec (ROCO:6856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shine Trend International Multimedia Tec (ROCO:6856) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 68, Section 1, Guoguang Road, Dali District, Taichung, TWN

Website

https://www.st-media.com.tw

Shine Trend International Multimedia Tec is involved in the entertainment business. The company is focused on the production of programs for television.

Shine Trend International Multimedia Tec (ROCO:6856) Headlines

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