Grand Pacific Petrochemical (TPE:1312) Days Sales Outstanding : 34.78 (As of Mar. 2024)

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What is Grand Pacific Petrochemical Days Sales Outstanding?

Grand Pacific Petrochemical's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,241 Mil. Grand Pacific Petrochemical's Revenue for the three months ended in Mar. 2024 was NT$3,255 Mil. Hence, Grand Pacific Petrochemical's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.78.

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

TPE:1312' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.98 Med: 38.22 Max: 47.05
Current: 35.31

During the past 13 years, Grand Pacific Petrochemical's highest Days Sales Outstanding was 47.05. The lowest was 33.98. And the median was 38.22.

TPE:1312's Days Sales Outstanding is ranked better than
83.51% of 1528 companies
in the Chemicals industry
Industry Median: 64.105 vs TPE:1312: 35.31

Grand Pacific Petrochemical's Days Sales Outstanding declined from Mar. 2023 (36.85) to Mar. 2024 (34.78).

Grand Pacific Petrochemical Days Sales Outstanding Historical Data

The historical data trend for Grand Pacific Petrochemical'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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Grand Pacific Petrochemical Days Sales Outstanding Chart

Grand Pacific Petrochemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.62

47.05

35.00

36.98

34.19

Grand Pacific Petrochemical 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															36.85	36.68	33.18	35.48	34.78

Competitive Comparison of Grand Pacific Petrochemical's Days Sales Outstanding

For the Chemicals subindustry, Grand Pacific Petrochemical'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.

Grand Pacific Petrochemical's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Grand Pacific Petrochemical's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Grand Pacific Petrochemical's Days Sales Outstanding falls into.

Grand Pacific Petrochemical 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.

Grand Pacific Petrochemical'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
=	( (1570.91	+	1374.202)	/	2 )	/	15719.189	*	365
=	1472.556					/	15719.189	*	365
=	34.19

Grand Pacific Petrochemical'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
=	( (1374.202	+	1107.478)	/	2 )	/	3255.223	*	365 / 4
=	1240.84					/	3255.223	*	365 / 4
=	34.78

Grand Pacific Petrochemical (TPE:1312) Days Sales Outstanding Explanation

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

Grand Pacific Petrochemical Days Sales Outstanding Related Terms

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Grand Pacific Petrochemical (TPE:1312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Grand Pacific Petrochemical Corp (TPE:1312) » Definitions » Days Sales Outstanding

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1312A:Taiwan

Address

No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567

Website

https://www.gppc.com.tw

Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm makes its products from petroleum. The company sells polystyrene resins, which are used in the production of rubber and plastics, including food containers and plastic credit cards. It also sells thermoplastic resins, which are used to produce automobile interior parts, luggage, computer monitors, modems, and scanners. The company also sells styrene-acrylonitrile resins, which are used to produce battery components, disposable lighters, electric fan blades, and air conditioner parts.

Grand Pacific Petrochemical (TPE:1312) Headlines

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