Eminent Luggage (ROCO:9950) Days Sales Outstanding : 57.53 (As of Mar. 2024)

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What is Eminent Luggage Days Sales Outstanding?

Eminent Luggage's average Accounts Receivable for the three months ended in Mar. 2024 was NT$415 Mil. Eminent Luggage's Revenue for the three months ended in Mar. 2024 was NT$659 Mil. Hence, Eminent Luggage's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.53.

The historical rank and industry rank for Eminent Luggage's Days Sales Outstanding or its related term are showing as below:

ROCO:9950' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.53 Med: 45.65 Max: 86.65
Current: 54.01

During the past 13 years, Eminent Luggage's highest Days Sales Outstanding was 86.65. The lowest was 39.53. And the median was 45.65.

ROCO:9950's Days Sales Outstanding is ranked worse than
50.78% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.15 vs ROCO:9950: 54.01

Eminent Luggage's Days Sales Outstanding increased from Mar. 2023 (53.67) to Mar. 2024 (57.53).

Eminent Luggage Days Sales Outstanding Historical Data

The historical data trend for Eminent Luggage'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.

Eminent Luggage Days Sales Outstanding Chart

Eminent Luggage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.19

86.65

55.20

49.04

51.09

Eminent Luggage Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															53.67	45.50	54.18	66.25	57.53

Competitive Comparison of Eminent Luggage's Days Sales Outstanding

For the Footwear & Accessories subindustry, Eminent Luggage'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.

Eminent Luggage's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eminent Luggage's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Eminent Luggage's Days Sales Outstanding falls into.

Eminent Luggage 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.

Eminent Luggage'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
=	( (422.364	+	392.631)	/	2 )	/	2911.473	*	365
=	407.4975					/	2911.473	*	365
=	51.09

Eminent Luggage'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
=	( (392.631	+	437.825)	/	2 )	/	658.598	*	365 / 4
=	415.228					/	658.598	*	365 / 4
=	57.53

Eminent Luggage (ROCO:9950) Days Sales Outstanding Explanation

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

Eminent Luggage Days Sales Outstanding Related Terms

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Eminent Luggage (ROCO:9950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eminent Luggage Corp (ROCO:9950) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Sec.2, Zhongshan S. Road, Guiren District, Tainan City, TWN, 71152

Website

https://www.eminent.com

Eminent Luggage Corporation is engaged in the manufacturing and marketing of luggage. The products of the company include suitcases, packages, bags, travel accessories, and leisure products.

Eminent Luggage (ROCO:9950) Headlines

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