Thitikorn PCL (BKK:TK) Days Sales Outstanding : 20.78 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Thitikorn PCL Days Sales Outstanding?

Thitikorn PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿59 Mil. Thitikorn PCL's Revenue for the three months ended in Mar. 2024 was ฿260 Mil. Hence, Thitikorn PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.78.

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

BKK:TK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.88 Med: 11.69 Max: 21.72
Current: 18.47

During the past 13 years, Thitikorn PCL's highest Days Sales Outstanding was 21.72. The lowest was 7.88. And the median was 11.69.

BKK:TK's Days Sales Outstanding is ranked better than
64.77% of 264 companies
in the Credit Services industry
Industry Median: 45.175 vs BKK:TK: 18.47

Thitikorn PCL's Days Sales Outstanding increased from Mar. 2023 (18.92) to Mar. 2024 (20.78).

Thitikorn PCL Days Sales Outstanding Historical Data

The historical data trend for Thitikorn 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.

* Premium members only.

Thitikorn PCL Days Sales Outstanding Chart

Thitikorn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

14.16

21.72

19.18

16.70

18.47

Thitikorn PCL 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															18.92	18.12	17.79	18.30	20.78

Competitive Comparison of Thitikorn PCL's Days Sales Outstanding

For the Credit Services subindustry, Thitikorn 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.

Thitikorn PCL's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Thitikorn PCL's Days Sales Outstanding distribution charts can be found below:

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

Thitikorn 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.

Thitikorn 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
=	( (74.716	+	62.227)	/	2 )	/	1352.996	*	365
=	68.4715					/	1352.996	*	365
=	18.47

Thitikorn PCL'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
=	( (62.227	+	56.298)	/	2 )	/	260.226	*	365 / 4
=	59.2625					/	260.226	*	365 / 4
=	20.78

Thitikorn PCL (BKK:TK) Days Sales Outstanding Explanation

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

Thitikorn PCL Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Thitikorn PCL's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Thitikorn PCL (BKK:TK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Thitikorn PCL (BKK:TK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240

Website

http://www.tk.co.th

Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services. The company has a single-core operating segment which is hire-purchase on automobiles and motorcycles for general retail customers whereby the business activities with respect to loans, personal loans and nano finance/microfinance to the general retail customers are insignificant portion as compared to the entire volumes and business activities.