Argo Yachts Development Co (ROCO:7566) Days Sales Outstanding : 3.97 (As of Dec. 2023)

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What is Argo Yachts Development Co Days Sales Outstanding?

Argo Yachts Development Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$6.1 Mil. Argo Yachts Development Co's Revenue for the six months ended in Dec. 2023 was NT$282.2 Mil. Hence, Argo Yachts Development Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 3.97.

The historical rank and industry rank for Argo Yachts Development Co's Days Sales Outstanding or its related term are showing as below:

ROCO:7566' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.24 Med: 11.41 Max: 53.57
Current: 5.42

During the past 6 years, Argo Yachts Development Co's highest Days Sales Outstanding was 53.57. The lowest was 5.24. And the median was 11.41.

ROCO:7566's Days Sales Outstanding is ranked better than
91.43% of 805 companies
in the Travel & Leisure industry
Industry Median: 29.59 vs ROCO:7566: 5.42

Argo Yachts Development Co's Days Sales Outstanding declined from Dec. 2022 (6.00) to Dec. 2023 (3.97).

Argo Yachts Development Co Days Sales Outstanding Historical Data

The historical data trend for Argo Yachts Development 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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Argo Yachts Development Co Days Sales Outstanding Chart

Argo Yachts Development Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.01

15.35

6.15

5.24

7.46

Argo Yachts Development Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						6.98	3.42	6.00	5.18	3.97

Competitive Comparison of Argo Yachts Development Co's Days Sales Outstanding

For the Leisure subindustry, Argo Yachts Development 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.

Argo Yachts Development Co's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Argo Yachts Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Argo Yachts Development Co's Days Sales Outstanding falls into.

Argo Yachts Development 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.

Argo Yachts Development 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
=	( (7.2	+	10.672)	/	2 )	/	437.4	*	365
=	8.936					/	437.4	*	365
=	7.46

Argo Yachts Development 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
=	( (1.617	+	10.672)	/	2 )	/	282.178	*	365 / 2
=	6.1445					/	282.178	*	365 / 2
=	3.97

Argo Yachts Development Co (ROCO:7566) Days Sales Outstanding Explanation

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

Argo Yachts Development Co Days Sales Outstanding Related Terms

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Argo Yachts Development Co (ROCO:7566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Argo Yachts Development Co Ltd (ROCO:7566) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 777, Sector 2, Xingang Road, Anping District, Tainan, TWN, 708

Website

https://www.argoyc.com

Argo Yachts Development Co Ltd is engaged in operation of membership yacht club to provide diversified services such as berth, escrow and maintenance.

Argo Yachts Development Co (ROCO:7566) Headlines

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