Tanachira Retail PCL (BKK:TAN) Days Sales Outstanding : 18.98 (As of Jun. 2023)

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What is Tanachira Retail PCL Days Sales Outstanding?

Tanachira Retail PCL's average Accounts Receivable for the six months ended in Jun. 2023 was ฿69 Mil. Tanachira Retail PCL's Revenue for the six months ended in Jun. 2023 was ฿663 Mil. Hence, Tanachira Retail PCL's Days Sales Outstanding for the six months ended in Jun. 2023 was 18.98.

The historical rank and industry rank for Tanachira Retail PCL's Days Sales Outstanding or its related term are showing as below:

BKK:TAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.13 Med: 29.88 Max: 41.68
Current: 19.13

During the past 4 years, Tanachira Retail PCL's highest Days Sales Outstanding was 41.68. The lowest was 19.13. And the median was 29.88.

BKK:TAN's Days Sales Outstanding is ranked worse than
53.38% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs BKK:TAN: 19.13

Tanachira Retail PCL's Days Sales Outstanding declined from Jun. 2022 (27.42) to Jun. 2023 (18.98).

Tanachira Retail PCL Days Sales Outstanding Historical Data

The historical data trend for Tanachira Retail PCL'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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Tanachira Retail PCL Days Sales Outstanding Chart

Tanachira Retail PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

36.12

41.68

23.64

21.19

Tanachira Retail PCL Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	27.42	20.64	18.98	17.33

Competitive Comparison of Tanachira Retail PCL's Days Sales Outstanding

For the Luxury Goods subindustry, Tanachira Retail PCL'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.

Tanachira Retail PCL's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tanachira Retail PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tanachira Retail PCL's Days Sales Outstanding falls into.

Tanachira Retail PCL 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.

Tanachira Retail PCL'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
=	( (79.759	+	84.467)	/	2 )	/	1414.558	*	365
=	82.113					/	1414.558	*	365
=	21.19

Tanachira Retail PCL's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (79.759	+	58.22)	/	2 )	/	663.22	*	365 / 2
=	68.9895					/	663.22	*	365 / 2
=	18.98

Tanachira Retail PCL (BKK:TAN) Days Sales Outstanding Explanation

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

Tanachira Retail PCL Days Sales Outstanding Related Terms

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Tanachira Retail PCL (BKK:TAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330

Website

https://www.tanachira.co.th

Tanachira Retail Corp PCL is a Thailand based retailer importing lifestyle and fashion products. It is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems and also provides other products and services through its different brands. Based on its products and services the company has the following reportable segments, The jewelry segment, Leather goods, bags, shoes, clothes, furniture and home decorations. Import, export and distribution of clothing, bags and miscellaneous goods, and the incense segment which includes distribution and export of incense, skin care products and provision of spa services. The substantial portion of company's overall revenue is generated from its jewelry segment.