Town Centre Securities (LSE:TOWN) Days Sales Outstanding : 39.83 (As of Dec. 2023)

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What is Town Centre Securities Days Sales Outstanding?

Town Centre Securities's average Accounts Receivable for the six months ended in Dec. 2023 was £3.52 Mil. Town Centre Securities's Revenue for the six months ended in Dec. 2023 was £16.13 Mil. Hence, Town Centre Securities's Days Sales Outstanding for the six months ended in Dec. 2023 was 39.83.

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

LSE:TOWN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.85 Med: 28.76 Max: 57.53
Current: 36.45

During the past 13 years, Town Centre Securities's highest Days Sales Outstanding was 57.53. The lowest was 14.85. And the median was 28.76.

LSE:TOWN's Days Sales Outstanding is ranked worse than
64.02% of 617 companies
in the REITs industry
Industry Median: 22.44 vs LSE:TOWN: 36.45

Town Centre Securities's Days Sales Outstanding increased from Dec. 2022 (22.64) to Dec. 2023 (39.83).

Town Centre Securities Days Sales Outstanding Historical Data

The historical data trend for Town Centre Securities'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.

Town Centre Securities Days Sales Outstanding Chart

Town Centre Securities Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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21.06

27.44

37.17

25.80

29.84

Town Centre Securities Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															156.52	159.14	22.64	33.91	39.83

Competitive Comparison of Town Centre Securities's Days Sales Outstanding

For the REIT - Diversified subindustry, Town Centre Securities'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.

Town Centre Securities's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Town Centre Securities's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Town Centre Securities's Days Sales Outstanding falls into.

Town Centre Securities 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.

Town Centre Securities's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.701	+	3.264)	/	2 )	/	30.363	*	365
=	2.4825					/	30.363	*	365
=	29.84

Town Centre Securities'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.264	+	3.776)	/	2 )	/	16.129	*	365 / 2
=	3.52					/	16.129	*	365 / 2
=	39.83

Town Centre Securities (LSE:TOWN) Days Sales Outstanding Explanation

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

Town Centre Securities Days Sales Outstanding Related Terms

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Town Centre Securities (LSE:TOWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Town Centre Securities PLC (LSE:TOWN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TOWNl:UK TOWN.GB:UK

Address

Town Centre House, The Merrion Centre, Leeds, GBR, LS2 8LY

Website

https://www.tcs-plc.co.uk

Town Centre Securities PLC is the United Kingdom-based company engaged in property investment, development and trading and the provision of a hotel and car parks. The company operates in three business segments comprising property rental, car park activities and hotel operations. Geographically their operations are performed wholly in the United Kingdom. It serves in various sectors such as retail, leisure, office, car parking, distribution and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives of the revenue from the Property Rental segment.