Sunko Ink Co (TPE:1721) Days Sales Outstanding : 67.89 (As of Mar. 2024)

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What is Sunko Ink Co Days Sales Outstanding?

Sunko Ink Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$402 Mil. Sunko Ink Co's Revenue for the three months ended in Mar. 2024 was NT$540 Mil. Hence, Sunko Ink Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.89.

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

TPE:1721' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.05 Med: 69.25 Max: 80.1
Current: 69.71

During the past 13 years, Sunko Ink Co's highest Days Sales Outstanding was 80.10. The lowest was 45.05. And the median was 69.25.

TPE:1721's Days Sales Outstanding is ranked worse than
56.24% of 1522 companies
in the Chemicals industry
Industry Median: 63.96 vs TPE:1721: 69.71

Sunko Ink Co's Days Sales Outstanding declined from Mar. 2023 (76.73) to Mar. 2024 (67.89).

Sunko Ink Co Days Sales Outstanding Historical Data

The historical data trend for Sunko Ink 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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Sunko Ink Co Days Sales Outstanding Chart

Sunko Ink Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.18

71.87

79.02

78.19

80.10

Sunko Ink 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															76.73	73.32	72.72	66.35	67.89

Competitive Comparison of Sunko Ink Co's Days Sales Outstanding

For the Chemicals subindustry, Sunko Ink 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.

Sunko Ink Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunko Ink Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sunko Ink Co's Days Sales Outstanding falls into.

Sunko Ink 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.

Sunko Ink 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
=	( (550.864	+	408.419)	/	2 )	/	2185.671	*	365
=	479.6415					/	2185.671	*	365
=	80.10

Sunko Ink 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
=	( (408.419	+	395.557)	/	2 )	/	540.283	*	365 / 4
=	401.988					/	540.283	*	365 / 4
=	67.89

Sunko Ink Co (TPE:1721) Days Sales Outstanding Explanation

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

Sunko Ink Co Days Sales Outstanding Related Terms

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Sunko Ink Co (TPE:1721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunko Ink Co Ltd (TPE:1721) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 229, Zhongxing Street, 5th Floor, Taichung City, TWN, 403022

Website

https://www.sunko.com.tw

Sunko Ink Co Ltd is a chemical products manufacturer. The products offered by the company are divided into Agrochemicals, Fine Chemicals which includes curing agent, non-halogenated flame retardant, reducing agent, antioxidant, Polymer which includes PU Based surface treating agent, Polymer-TPU, Polymer-TPV, and UV Absorbers. The company operates in geographical areas of Taiwan, the United States, Asia, Europe, and others.

Sunko Ink Co (TPE:1721) Headlines

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