Taiwan Styrene Monomer (TPE:1310) Days Sales Outstanding : 29.54 (As of Mar. 2024)

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What is Taiwan Styrene Monomer Days Sales Outstanding?

Taiwan Styrene Monomer's average Accounts Receivable for the three months ended in Mar. 2024 was NT$721 Mil. Taiwan Styrene Monomer's Revenue for the three months ended in Mar. 2024 was NT$2,226 Mil. Hence, Taiwan Styrene Monomer's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.54.

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

TPE:1310' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.97 Med: 26.97 Max: 38.97
Current: 31.28

During the past 13 years, Taiwan Styrene Monomer's highest Days Sales Outstanding was 38.97. The lowest was 16.97. And the median was 26.97.

TPE:1310's Days Sales Outstanding is ranked better than
85.73% of 1528 companies
in the Chemicals industry
Industry Median: 64.105 vs TPE:1310: 31.28

Taiwan Styrene Monomer's Days Sales Outstanding declined from Mar. 2023 (42.39) to Mar. 2024 (29.54).

Taiwan Styrene Monomer Days Sales Outstanding Historical Data

The historical data trend for Taiwan Styrene Monomer'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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Taiwan Styrene Monomer Days Sales Outstanding Chart

Taiwan Styrene Monomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.92

38.97

27.98

26.88

34.36

Taiwan Styrene Monomer 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															42.39	35.57	28.20	28.51	29.54

Competitive Comparison of Taiwan Styrene Monomer's Days Sales Outstanding

For the Chemicals subindustry, Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's Days Sales Outstanding falls into.

Taiwan Styrene Monomer 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.

Taiwan Styrene Monomer'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
=	( (975.107	+	821.164)	/	2 )	/	9541.182	*	365
=	898.1355					/	9541.182	*	365
=	34.36

Taiwan Styrene Monomer'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
=	( (821.164	+	620.372)	/	2 )	/	2226.204	*	365 / 4
=	720.768					/	2226.204	*	365 / 4
=	29.54

Taiwan Styrene Monomer (TPE:1310) Days Sales Outstanding Explanation

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

Taiwan Styrene Monomer Days Sales Outstanding Related Terms

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Taiwan Styrene Monomer (TPE:1310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiwan Styrene Monomer Corp (TPE:1310) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN

Website

https://www.smct.com.tw

Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

Taiwan Styrene Monomer (TPE:1310) Headlines

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