TH International (TH International) Days Sales Outstanding : 7.08 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is TH International Days Sales Outstanding?

TH International's average Accounts Receivable for the three months ended in Dec. 2023 was $4.3 Mil. TH International's Revenue for the three months ended in Dec. 2023 was $54.8 Mil. Hence, TH International's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.08.

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

THCH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.95 Med: 4.43 Max: 13.73
Current: 4.98

During the past 5 years, TH International's highest Days Sales Outstanding was 13.73. The lowest was 2.95. And the median was 4.43.

THCH's Days Sales Outstanding is ranked better than
76.47% of 340 companies
in the Restaurants industry
Industry Median: 11.605 vs THCH: 4.98

TH International's Days Sales Outstanding increased from Dec. 2022 (2.00) to Dec. 2023 (7.08).

TH International Days Sales Outstanding Historical Data

The historical data trend for TH International'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.

TH International Days Sales Outstanding Chart

TH International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

13.73

4.99

2.95

3.86

TH International Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								2.00	2.28	4.56	6.68	7.08

Competitive Comparison of TH International's Days Sales Outstanding

For the Restaurants subindustry, TH International'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.

TH International's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TH International's Days Sales Outstanding distribution charts can be found below:

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

TH International 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.

TH International'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
=	( (0.806	+	3.86)	/	2 )	/	220.691	*	365
=	2.333					/	220.691	*	365
=	3.86

TH International'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
=	( (4.641	+	3.86)	/	2 )	/	54.787	*	365 / 4
=	4.2505					/	54.787	*	365 / 4
=	7.08

TH International (NAS:THCH) Days Sales Outstanding Explanation

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

TH International Days Sales Outstanding Related Terms

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

TH International (TH International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » TH International Ltd (NAS:THCH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003

Website

https://www.timschina.com

TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops for Restaurant Brands International Inc. It is an emerging coffee champion in China. It builds coffee and bake shop in mainland China. Through its Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company's revenue is derived from operations in the PRC.