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Techprecision (Techprecision) Days Sales Outstanding : 31.09 (As of Dec. 2023)


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What is Techprecision Days Sales Outstanding?

Techprecision's average Accounts Receivable for the three months ended in Dec. 2023 was $2.61 Mil. Techprecision's Revenue for the three months ended in Dec. 2023 was $7.65 Mil. Hence, Techprecision's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.09.

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

TPCS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.7   Med: 30.94   Max: 57.27
Current: 32.18

During the past 13 years, Techprecision's highest Days Sales Outstanding was 57.27. The lowest was 18.70. And the median was 30.94.

TPCS's Days Sales Outstanding is ranked better than
94.01% of 2957 companies
in the Industrial Products industry
Industry Median: 79.56 vs TPCS: 32.18

Techprecision's Days Sales Outstanding increased from Dec. 2022 (27.22) to Dec. 2023 (31.09).


Techprecision Days Sales Outstanding Historical Data

The historical data trend for Techprecision'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.

Techprecision Days Sales Outstanding Chart

Techprecision Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.85 22.80 18.70 29.62 31.03

Techprecision Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.22 32.00 32.82 34.27 31.09

Competitive Comparison of Techprecision's Days Sales Outstanding

For the Metal Fabrication subindustry, Techprecision'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.


Techprecision's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Techprecision's Days Sales Outstanding distribution charts can be found below:

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



Techprecision 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.

Techprecision's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (3.009 + 2.336) / 2 ) / 31.432*365
=2.6725 / 31.432*365
=31.03

Techprecision'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (3.021 + 2.192) / 2 ) / 7.65*365 / 4
=2.6065 / 7.65*365 / 4
=31.09

* 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.


Techprecision  (NAS:TPCS) Days Sales Outstanding Explanation

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


Techprecision Days Sales Outstanding Related Terms

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Techprecision (Techprecision) Business Description

Traded in Other Exchanges
N/A
Address
1 Bella Drive, Westminster, MA, USA, 01473
Techprecision Corp manufactures metal fabricated and machined precision components and systems. It offers a full range of services required to transform raw materials into precision finished products. The company's products are used in markets including defense, aerospace, nuclear, medical, and precision industries. All of its operations and customers are located in the United States.
Executives
Barbara M. Lilley officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, 1 BELLA DRIVE, WESTMINISTER MA 01473
Andrew A Levy director 46 BALDWIN FARM NORTH, GREENWHICH CT 06831
Walter Milton Schenker director 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054
Thomas Sammons officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, 992 OLD EAGLE SCHOOL ROAD, SUITE 909, WAYNE PA 19087
Alexander Shen officer: Chief Executive Officer C/O TECHPRECISION CORPORATION, 3477 CORPORATE PARKWAY, CENTER VALLEY PA 18034
Robert A Crisafulli director 1 BELLA DRIVE, WESTMINSTER PA 01473
Richard Mcgowan director C/O CLEVELAND BIOLABS, INC., 73 HIGH STREET, BUFFALO NY 14203
Philip A Dur director 1600 TECHNOLOGY WAY, P.O. BOX 231, LATROBE PA 15650
Robert G Isaman director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Robert Francis other: President & GM of Ranor, Inc. C/O TECHPRECISION CORPORATION, 3477 CORPORATE PARKWAY, CENTER VALLEY PA 18034
Leonard M Anthony director MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
James S Molinaro director, officer: Chief Executive Officer 6330 WEGEWOOD DR, ALLENTOWN PA 18106
Richard F Fitzgerald officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, ONE BELLA DRIVE, WESTMINSTER MA 01473
Michael R Holly director 1729 SWEDESFORD ROAD, MALVERN PA 19355
Louis A Winoski director C/O TECHPRECISION CORPORATION, ONE BELLA DRIVE, WESTMINSTER MA 01473