Textainer Group Holdings (JSE:TXT) Days Sales Outstanding : 49.22 (As of Dec. 2023)

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What is Textainer Group Holdings Days Sales Outstanding?

Textainer Group Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was R2,001 Mil. Textainer Group Holdings's Revenue for the three months ended in Dec. 2023 was R3,711 Mil. Hence, Textainer Group Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.22.

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

JSE:TXT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.05 Med: 53.89 Max: 62.62
Current: 50.4

During the past 13 years, Textainer Group Holdings's highest Days Sales Outstanding was 62.62. The lowest was 48.05. And the median was 53.89.

JSE:TXT's Days Sales Outstanding is not ranked
in the Business Services industry.
Industry Median: 58.575 vs JSE:TXT: 50.40

Textainer Group Holdings's Days Sales Outstanding declined from Dec. 2022 (58.27) to Dec. 2023 (49.22).

Textainer Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Textainer Group Holdings'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.

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Textainer Group Holdings Days Sales Outstanding Chart

Textainer Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.27

58.82

48.64

46.04

46.70

Textainer Group Holdings 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															58.27	49.21	51.72	51.36	49.22

Competitive Comparison of Textainer Group Holdings's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Textainer Group Holdings'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.

Textainer Group Holdings's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Textainer Group Holdings 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.

Textainer Group Holdings'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
=	( (1983.83	+	1908.427)	/	2 )	/	15209.563	*	365
=	1946.1285					/	15209.563	*	365
=	46.70

Textainer Group Holdings'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
=	( (2094.572	+	1908.427)	/	2 )	/	3710.853	*	365 / 4
=	2001.4995					/	3710.853	*	365 / 4
=	49.22

Textainer Group Holdings (JSE:TXT) Days Sales Outstanding Explanation

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

Textainer Group Holdings Days Sales Outstanding Related Terms

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Textainer Group Holdings (JSE:TXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Textainer Group Holdings Ltd (JSE:TXT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TGHpB.PFD:USA TGHpA.PFD:USA TGH:USA 3T7:Germany

Address

16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08

Website

https://www.textainer.com

Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.