United Days Sales Outstanding from 2010 to 2024

UMC Stock  USD 6.69  0.16  2.34%   
United Microelectronics' Days Sales Outstanding is decreasing over the years with very volatile fluctuation. Overall, Days Sales Outstanding is expected to go to 62.02 this year. During the period from 2010 to 2024 United Microelectronics Days Sales Outstanding annual values regression line had geometric mean of  57.27 and mean square error of  54.77. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
54.39344378
Current Value
62.02
Quarterly Volatility
7.1314089
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Microelectronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Microelectronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.9 B, Interest Expense of 1.3 B or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 3.01, Dividend Yield of 0.0358 or PTB Ratio of 1.49. United financial statements analysis is a perfect complement when working with United Microelectronics Valuation or Volatility modules.
  
Check out the analysis of United Microelectronics Correlation against competitors.
For information on how to trade United Stock refer to our How to Trade United Stock guide.

Latest United Microelectronics' Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of United Microelectronics over the last few years. It is United Microelectronics' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Microelectronics' overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Very volatile
   Days Sales Outstanding   
       Timeline  

United Days Sales Outstanding Regression Statistics

Arithmetic Mean57.66
Geometric Mean57.27
Coefficient Of Variation12.37
Mean Deviation5.63
Median59.25
Standard Deviation7.13
Sample Variance50.86
Range27.7728
R-Value(0)
Mean Square Error54.77
R-Squared0.000011
Significance0.99
Slope(0.01)
Total Sum of Squares712.00

United Days Sales Outstanding History

2024 62.02
2023 54.39
2022 51.33
2021 62.32
2020 60.35
2019 64.08
2018 59.6

About United Microelectronics Financial Statements

United Microelectronics stakeholders use historical fundamental indicators, such as United Microelectronics' Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although United Microelectronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in United Microelectronics' assets and liabilities are reflected in the revenues and expenses on United Microelectronics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in United Microelectronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 54.39  62.02 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:
Check out the analysis of United Microelectronics Correlation against competitors.
For information on how to trade United Stock refer to our How to Trade United Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Microelectronics. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Microelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
3
Earnings Share
0.63
Revenue Per Share
93.08
Quarterly Revenue Growth
0.06
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.