Triple i Logistics PCL (BKK:III) Days Sales Outstanding : 51.35 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Triple i Logistics PCL Days Sales Outstanding?

Triple i Logistics PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿275 Mil. Triple i Logistics PCL's Revenue for the three months ended in Dec. 2023 was ฿488 Mil. Hence, Triple i Logistics PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.35.

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

BKK:III' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.66 Med: 57.87 Max: 104.45
Current: 57.45

During the past 10 years, Triple i Logistics PCL's highest Days Sales Outstanding was 104.45. The lowest was 41.66. And the median was 57.87.

BKK:III's Days Sales Outstanding is ranked worse than
63.01% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs BKK:III: 57.45

Triple i Logistics PCL's Days Sales Outstanding declined from Dec. 2022 (51.47) to Dec. 2023 (51.35).

Triple i Logistics PCL Days Sales Outstanding Historical Data

The historical data trend for Triple i Logistics PCL'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.

Triple i Logistics PCL Days Sales Outstanding Chart

Triple i Logistics PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

45.55

77.04

54.50

55.17

60.57

Triple i Logistics PCL 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															51.47	57.43	57.19	61.76	51.35

Competitive Comparison of Triple i Logistics PCL's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Triple i Logistics PCL'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.

Triple i Logistics PCL's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Triple i Logistics PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Triple i Logistics PCL's Days Sales Outstanding falls into.

Triple i Logistics PCL 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.

Triple i Logistics PCL'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
=	( (286.241	+	299.366)	/	2 )	/	1764.473	*	365
=	292.8035					/	1764.473	*	365
=	60.57

Triple i Logistics PCL'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
=	( (249.836	+	299.366)	/	2 )	/	487.947	*	365 / 4
=	274.601					/	487.947	*	365 / 4
=	51.35

Triple i Logistics PCL (BKK:III) Days Sales Outstanding Explanation

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

Triple i Logistics PCL Days Sales Outstanding Related Terms

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

Triple i Logistics PCL (BKK:III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Triple i Logistics PCL (BKK:III) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soi Klab Chom, Nonsee Road, 628, 3rd Floor, Triple i Building, Chongnonsee, Yannawa, Bangkok, THA, 10120

Website

https://www.iii-logistics.com

Triple i Logistics PCL is a logistics service provider in Thailand. The company's reportable segments include Airfreight, Sea and inland freight, Logistics management, Chemical and hazardous goods logistics and Other management services. The majority of its revenue is from the Chemical and hazardous goods logistics segment, it operates as a services provider for sea, air, rails, and in-land, both local and overseas including warehouse management and distribution for chemical and hazardous goods.