Tecma Solutions SpA (MIL:TCM) Days Sales Outstanding : 176.23 (As of Jun. 2023)

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What is Tecma Solutions SpA Days Sales Outstanding?

Tecma Solutions SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €5.51 Mil. Tecma Solutions SpA's Revenue for the six months ended in Jun. 2023 was €5.71 Mil. Hence, Tecma Solutions SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 176.23.

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

MIL:TCM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.12 Med: 125.38 Max: 220.84
Current: 220.84

During the past 5 years, Tecma Solutions SpA's highest Days Sales Outstanding was 220.84. The lowest was 48.12. And the median was 125.38.

MIL:TCM's Days Sales Outstanding is ranked worse than
90.16% of 1666 companies
in the Real Estate industry
Industry Median: 36.41 vs MIL:TCM: 220.84

Tecma Solutions SpA's Days Sales Outstanding declined from Jun. 2022 (209.92) to Jun. 2023 (176.23).

Tecma Solutions SpA Days Sales Outstanding Historical Data

The historical data trend for Tecma Solutions SpA'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.

Tecma Solutions SpA Days Sales Outstanding Chart

Tecma Solutions SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

48.12

81.38

125.38

168.04

204.64

Tecma Solutions SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial					128.87	163.11	209.92	227.11	176.23

Competitive Comparison of Tecma Solutions SpA's Days Sales Outstanding

For the Real Estate Services subindustry, Tecma Solutions SpA'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.

Tecma Solutions SpA's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tecma Solutions SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tecma Solutions SpA's Days Sales Outstanding falls into.

Tecma Solutions SpA 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.

Tecma Solutions SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (6.965	+	5.513)	/	2 )	/	11.128	*	365
=	6.239					/	11.128	*	365
=	204.64

Tecma Solutions SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (5.513	+	0)	/	1 )	/	5.709	*	365 / 2
=	5.513					/	5.709	*	365 / 2
=	176.23

Tecma Solutions SpA (MIL:TCM) Days Sales Outstanding Explanation

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

Tecma Solutions SpA Days Sales Outstanding Related Terms

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Tecma Solutions SpA (MIL:TCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tecma Solutions SpA (MIL:TCM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Medardo Rosso, 5, Milano, ITA

Website

https://www.tecmasolutions.com

Tecma Solutions SpA is focused on the residential real estate market. The company provides architectural services, engineering services, marketing services, communication services, and design services.

Tecma Solutions SpA (MIL:TCM) Headlines

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