Thomson Reuters (Thomson Reuters) Days Sales Outstanding

: 51.05 (As of Dec. 2023)

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Thomson Reuters's average Accounts Receivable for the three months ended in Dec. 2023 was $1,016 Mil. Thomson Reuters's Revenue for the three months ended in Dec. 2023 was $1,815 Mil. Hence, Thomson Reuters's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.05.

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

TRI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.09 Med: 59.3 Max: 96.51
Current: 53.92

During the past 13 years, Thomson Reuters's highest Days Sales Outstanding was 96.51. The lowest was 49.09. And the median was 59.30.

TRI's Days Sales Outstanding is ranked better than
55.8% of 1043 companies
in the Business Services industry
Industry Median: 58.37 vs TRI: 53.92

Thomson Reuters's Days Sales Outstanding declined from Dec. 2022 (51.42) to Dec. 2023 (51.05).

Thomson Reuters Days Sales Outstanding Historical Data

The historical data trend for Thomson Reuters'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.

Thomson Reuters Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

67.64

68.38

62.10

57.23

56.11

Thomson Reuters 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																51.42	52.00	53.77	56.73	51.05

Competitive Comparison

For the Specialty Business Services subindustry, Thomson Reuters'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.

Thomson Reuters Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, Thomson Reuters's Days Sales Outstanding distribution charts can be found below:

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

Thomson Reuters 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.

Thomson Reuters'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
=	( (1040	+	1049)	/	2 )	/	6794	*	365
=	1044.5					/	6794	*	365
=	56.11

Thomson Reuters'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
=	( (982	+	1049)	/	2 )	/	1815	*	365 / 4
=	1015.5					/	1815	*	365 / 4
=	51.05

Thomson Reuters (NYSE:TRI) Days Sales Outstanding Explanation

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

Thomson Reuters Days Sales Outstanding Related Terms

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Thomson Reuters (Thomson Reuters) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TOC:Germany TRI.PR.B.PFD:Canada TRI:Canada

Address

333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2

Website

https://www.thomsonreuters.com

Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.