Chung Tai Resource Technology (ROCO:6923) Days Sales Outstanding : 38.98 (As of Dec. 2023)

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What is Chung Tai Resource Technology Days Sales Outstanding?

Chung Tai Resource Technology's average Accounts Receivable for the six months ended in Dec. 2023 was NT$151 Mil. Chung Tai Resource Technology's Revenue for the six months ended in Dec. 2023 was NT$706 Mil. Hence, Chung Tai Resource Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 38.98.

The historical rank and industry rank for Chung Tai Resource Technology's Days Sales Outstanding or its related term are showing as below:

ROCO:6923' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.55 Med: 66.27 Max: 76.93
Current: 42.55

During the past 5 years, Chung Tai Resource Technology's highest Days Sales Outstanding was 76.93. The lowest was 42.55. And the median was 66.27.

ROCO:6923's Days Sales Outstanding is ranked better than
77.29% of 229 companies
in the Waste Management industry
Industry Median: 71.35 vs ROCO:6923: 42.55

Chung Tai Resource Technology's Days Sales Outstanding declined from Dec. 2022 (52.44) to Dec. 2023 (38.98).

Chung Tai Resource Technology Days Sales Outstanding Historical Data

The historical data trend for Chung Tai Resource Technology'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.

* Premium members only.

Chung Tai Resource Technology Days Sales Outstanding Chart

Chung Tai Resource Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

76.81

76.93

66.27

53.86

42.86

Chung Tai Resource Technology Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			66.83	60.27	52.44	46.64	38.98

Competitive Comparison of Chung Tai Resource Technology's Days Sales Outstanding

For the Waste Management subindustry, Chung Tai Resource Technology'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.

Chung Tai Resource Technology's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chung Tai Resource Technology's Days Sales Outstanding falls into.

Chung Tai Resource Technology 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.

Chung Tai Resource Technology'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
=	( (143.357	+	155.48)	/	2 )	/	1272.457	*	365
=	149.4185					/	1272.457	*	365
=	42.86

Chung Tai Resource Technology'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
=	( (146.148	+	155.48)	/	2 )	/	706.076	*	365 / 2
=	150.814					/	706.076	*	365 / 2
=	38.98

Chung Tai Resource Technology (ROCO:6923) Days Sales Outstanding Explanation

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

Chung Tai Resource Technology Days Sales Outstanding Related Terms

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Chung Tai Resource Technology (ROCO:6923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Chung Tai Resource Technology Corp (ROCO:6923) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 328, Huanke Road, Guanyin District, Taoyuan City, TWN, 328451

Website

https://www.chinalab.com.tw

Chung Tai Resource Technology Corp provides waste removal and treatment, Pyrolysis treatment system, Recycling of Waste Printed Circuit Boards, Incineration Thermal Power Generation and Comprehensive Treatment R&D Center, waste lighting sources recycling, and other services.

Chung Tai Resource Technology (ROCO:6923) Headlines

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