Triad Group (FRA:TD8) Days Sales Outstanding : 51.30 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is Triad Group Days Sales Outstanding?

Triad Group's average Accounts Receivable for the six months ended in Sep. 2023 was €2.08 Mil. Triad Group's Revenue for the six months ended in Sep. 2023 was €7.41 Mil. Hence, Triad Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 51.30.

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

FRA:TD8' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.29 Med: 45.3 Max: 51.52
Current: 41.9

During the past 13 years, Triad Group's highest Days Sales Outstanding was 51.52. The lowest was 41.29. And the median was 45.30.

FRA:TD8's Days Sales Outstanding is ranked better than
74.96% of 2732 companies
in the Software industry
Industry Median: 61.675 vs FRA:TD8: 41.90

Triad Group's Days Sales Outstanding increased from Sep. 2022 (40.56) to Sep. 2023 (51.30).

Triad Group Days Sales Outstanding Historical Data

The historical data trend for Triad 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.

* Premium members only.

Triad Group Days Sales Outstanding Chart

Triad Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

43.26

52.67

45.06

40.73

48.61

Triad Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															36.69	35.42	40.56	38.20	51.30

Competitive Comparison of Triad Group's Days Sales Outstanding

For the Information Technology Services subindustry, Triad 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.

Triad Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Triad Group's Days Sales Outstanding distribution charts can be found below:

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

Triad 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.

Triad Group'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
=	( (2.218	+	2.268)	/	2 )	/	16.841	*	365
=	2.243					/	16.841	*	365
=	48.61

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

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.268	+	1.9)	/	2 )	/	7.414	*	365 / 2
=	2.084					/	7.414	*	365 / 2
=	51.30

Triad Group (FRA:TD8) Days Sales Outstanding Explanation

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

Triad Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Triad Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Triad Group (FRA:TD8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triad Group PLC (FRA:TD8) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TRD:UK

Address

Catteshall Lane, Huxley House, Weyside Park, Godalming, Surrey, GBR, GU7 1XE

Website

https://www.triad.co.uk

Triad Group PLC is a UK-based company that is engaged in the provision of Information Technology (IT) consultancy and solutions services and IT resources to the public sector, private sector, and not-for-profit sector. Its services include consulting, programme management, project delivery, software delivery, and support activities. Geographically, it operates and derives revenue from the United Kingdom.

Triad Group (FRA:TD8) Headlines

No Headlines