The Practical Solution PCL (BKK:TPS) Days Sales Outstanding : 39.00 (As of Mar. 2024)

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What is The Practical Solution PCL Days Sales Outstanding?

The Practical Solution PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿143 Mil. The Practical Solution PCL's Revenue for the three months ended in Mar. 2024 was ฿335 Mil. Hence, The Practical Solution PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.00.

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

BKK:TPS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.44 Med: 57.54 Max: 77.97
Current: 35.44

During the past 8 years, The Practical Solution PCL's highest Days Sales Outstanding was 77.97. The lowest was 35.44. And the median was 57.54.

BKK:TPS's Days Sales Outstanding is ranked better than
90.04% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs BKK:TPS: 35.44

The Practical Solution PCL's Days Sales Outstanding declined from Mar. 2023 (85.59) to Mar. 2024 (39.00).

The Practical Solution PCL Days Sales Outstanding Historical Data

The historical data trend for The Practical Solution 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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The Practical Solution PCL Days Sales Outstanding Chart

The Practical Solution PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.70

44.72

68.86

61.38

57.54

The Practical Solution 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															85.59	41.64	31.21	38.86	39.00

Competitive Comparison of The Practical Solution PCL's Days Sales Outstanding

For the Communication Equipment subindustry, The Practical Solution 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.

The Practical Solution PCL's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, The Practical Solution PCL's Days Sales Outstanding distribution charts can be found below:

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

The Practical Solution 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.

The Practical Solution 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
=	( (223.931	+	201.935)	/	2 )	/	1350.794	*	365
=	212.933					/	1350.794	*	365
=	57.54

The Practical Solution 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
=	( (201.935	+	84.601)	/	2 )	/	335.188	*	365 / 4
=	143.268					/	335.188	*	365 / 4
=	39.00

The Practical Solution PCL (BKK:TPS) Days Sales Outstanding Explanation

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

The Practical Solution PCL Days Sales Outstanding Related Terms

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The Practical Solution PCL (BKK:TPS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Rachadapisek Road, 99 Cement Thai Alley, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website

https://www.thepractical.co.th

The Practical Solution PCL is engaged in the distribution and installation of computer network systems, fully integrated communication systems, wireless communication systems, network security systems, data center solution and management systems and network system management including to provide maintenance services related to such systems. The firm operates in the segments of Sales including installment, and Others. It also provides after-sales service and system maintenance and other information technology services. Its products and services include Cisco, Paloalto, Netapp, Fortinet, system installation and maintenance. The company operates its business in Thailand.

The Practical Solution PCL (BKK:TPS) Headlines

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