Tandem Group (LSE:TND) Days Sales Outstanding : 76.16 (As of Dec. 2023)

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What is Tandem Group Days Sales Outstanding?

Tandem Group's average Accounts Receivable for the six months ended in Dec. 2023 was £5.21 Mil. Tandem Group's Revenue for the six months ended in Dec. 2023 was £12.49 Mil. Hence, Tandem Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 76.16.

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

LSE:TND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.03 Med: 55.83 Max: 84.99
Current: 83.7

During the past 13 years, Tandem Group's highest Days Sales Outstanding was 84.99. The lowest was 38.03. And the median was 55.83.

LSE:TND's Days Sales Outstanding is ranked worse than
87.56% of 804 companies
in the Travel & Leisure industry
Industry Median: 28.745 vs LSE:TND: 83.70

Tandem Group's Days Sales Outstanding increased from Dec. 2022 (72.51) to Dec. 2023 (76.16).

Tandem Group Days Sales Outstanding Historical Data

The historical data trend for Tandem Group'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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Tandem Group Days Sales Outstanding Chart

Tandem Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.62

57.06

63.37

84.99

76.01

Tandem Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															67.77	96.20	72.51	102.13	76.16

Competitive Comparison of Tandem Group's Days Sales Outstanding

For the Leisure subindustry, Tandem Group'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.

Tandem Group's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tandem Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tandem Group's Days Sales Outstanding falls into.

Tandem Group 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.

Tandem Group'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
=	( (4.877	+	4.387)	/	2 )	/	22.242	*	365
=	4.632					/	22.242	*	365
=	76.01

Tandem Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6.038	+	4.387)	/	2 )	/	12.49	*	365 / 2
=	5.2125					/	12.49	*	365 / 2
=	76.16

Tandem Group (LSE:TND) Days Sales Outstanding Explanation

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

Tandem Group Days Sales Outstanding Related Terms

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Tandem Group (LSE:TND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tandem Group PLC (LSE:TND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Tameside Drive, Castle Bromwich, Birmingham, GBR, B35 7AG

Website

https://www.tandemgroupplc.co.uk

Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its Products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments Toys, Sports & Leisure, eMobility, Bicycles, Home & Garden, and the majority of the revenue comes from Toys, Sports & Leisure.

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