Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Days Sales Outstanding : 138.97 (As of Mar. 2024)

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What is Titas Gas Transmission & Distribution Co Days Sales Outstanding?

Titas Gas Transmission & Distribution Co's average Accounts Receivable for the three months ended in Mar. 2024 was BDT132,905 Mil. Titas Gas Transmission & Distribution Co's Revenue for the three months ended in Mar. 2024 was BDT87,267 Mil. Hence, Titas Gas Transmission & Distribution Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 138.97.

The historical rank and industry rank for Titas Gas Transmission & Distribution Co's Days Sales Outstanding or its related term are showing as below:

DHA:TITASGAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.2 Med: 106.11 Max: 118.94
Current: 114.18

During the past 13 years, Titas Gas Transmission & Distribution Co's highest Days Sales Outstanding was 118.94. The lowest was 90.20. And the median was 106.11.

DHA:TITASGAS's Days Sales Outstanding is ranked worse than
82.61% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53.9 vs DHA:TITASGAS: 114.18

Titas Gas Transmission & Distribution Co's Days Sales Outstanding increased from Mar. 2023 (89.26) to Mar. 2024 (138.97).

Titas Gas Transmission & Distribution Co Days Sales Outstanding Historical Data

The historical data trend for Titas Gas Transmission & Distribution 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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Titas Gas Transmission & Distribution Co Days Sales Outstanding Chart

Titas Gas Transmission & Distribution Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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103.73

107.85

118.94

116.30

109.39

Titas Gas Transmission & Distribution 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															89.26	87.19	107.54	128.37	138.97

Competitive Comparison of Titas Gas Transmission & Distribution Co's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission & Distribution 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.

Titas Gas Transmission & Distribution Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission & Distribution Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission & Distribution Co's Days Sales Outstanding falls into.

Titas Gas Transmission & Distribution 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.

Titas Gas Transmission & Distribution Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (59310.159	+	99583.403)	/	2 )	/	265088.396	*	365
=	79446.781					/	265088.396	*	365
=	109.39

Titas Gas Transmission & Distribution 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
=	( (126578.885	+	139230.609)	/	2 )	/	87267.24	*	365 / 4
=	132904.747					/	87267.24	*	365 / 4
=	138.97

Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Days Sales Outstanding Explanation

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

Titas Gas Transmission & Distribution Co Days Sales Outstanding Related Terms

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Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Titas Gas Transmission & Distribution Co Ltd (DHA:TITASGAS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

105, Kazi Nazrul Islam Avenue, 2nd Floor, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215

Website

https://www.titasgas.org.bd

Titas Gas Transmission & Distribution Co Ltd is principally engaged in the business of natural gas distribution. It operates through the segments that are distributed the same to the consumers in power, fertilizer, industrial, captive power, and commercial. Geographically it operates through the region of Bangladesh. Majority of the firm's revenue is generated from Natural Gas Distribution.

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