Zeng Hsing Industrial Co (TPE:1558) Days Sales Outstanding : 74.38 (As of Mar. 2024)

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What is Zeng Hsing Industrial Co Days Sales Outstanding?

Zeng Hsing Industrial Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1,471 Mil. Zeng Hsing Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$1,805 Mil. Hence, Zeng Hsing Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.38.

The historical rank and industry rank for Zeng Hsing Industrial Co's Days Sales Outstanding or its related term are showing as below:

TPE:1558' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.44 Med: 76.64 Max: 85.32
Current: 71.58

During the past 13 years, Zeng Hsing Industrial Co's highest Days Sales Outstanding was 85.32. The lowest was 52.44. And the median was 76.64.

TPE:1558's Days Sales Outstanding is ranked worse than
72.38% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.155 vs TPE:1558: 71.58

Zeng Hsing Industrial Co's Days Sales Outstanding declined from Mar. 2023 (90.61) to Mar. 2024 (74.38).

Zeng Hsing Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Zeng Hsing Industrial 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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Zeng Hsing Industrial Co Days Sales Outstanding Chart

Zeng Hsing Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.95

58.11

52.44

76.87

85.32

Zeng Hsing Industrial Co 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															90.61	67.18	72.21	80.58	74.38

Competitive Comparison of Zeng Hsing Industrial Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Zeng Hsing Industrial 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.

Zeng Hsing Industrial Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zeng Hsing Industrial Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zeng Hsing Industrial Co's Days Sales Outstanding falls into.

Zeng Hsing Industrial 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.

Zeng Hsing Industrial 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
=	( (2028.943	+	1504.49)	/	2 )	/	7558.277	*	365
=	1766.7165					/	7558.277	*	365
=	85.32

Zeng Hsing Industrial Co'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
=	( (1504.49	+	1437.481)	/	2 )	/	1804.511	*	365 / 4
=	1470.9855					/	1804.511	*	365 / 4
=	74.38

Zeng Hsing Industrial Co (TPE:1558) Days Sales Outstanding Explanation

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

Zeng Hsing Industrial Co Days Sales Outstanding Related Terms

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Zeng Hsing Industrial Co (TPE:1558) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zeng Hsing Industrial Co Ltd (TPE:1558) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 78, Yongcheng Road, Taiping District, Taichung, TWN

Website

https://www.zenghsing.com.tw

Zeng Hsing Industrial Co Ltd is a Taiwan-based company that designs and manufactures household sewing machines, household cleaners, and related components. The company operates as an original design manufacturer, which means it supplies its products to brand owners. The company has manufacturing plants in Taiwan, mainland China, and Vietnam. Its sewing machine products are used by end users to knit clothes, tablecloths, and other items.

Zeng Hsing Industrial Co (TPE:1558) Headlines

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