Tantech Holdings (Tantech Holdings) Days Sales Outstanding : 375.95 (As of Jun. 2023)

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What is Tantech Holdings Days Sales Outstanding?

Tantech Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was $40.67 Mil. Tantech Holdings's Revenue for the six months ended in Jun. 2023 was $19.74 Mil. Hence, Tantech Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 375.95.

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

TANH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 145.65 Med: 304.42 Max: 477.4
Current: 337.54

During the past 11 years, Tantech Holdings's highest Days Sales Outstanding was 477.40. The lowest was 145.65. And the median was 304.42.

TANH's Days Sales Outstanding is ranked worse than
98.37% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.085 vs TANH: 337.54

Tantech Holdings's Days Sales Outstanding increased from Jun. 2022 (311.20) to Jun. 2023 (375.95).

Tantech Holdings Days Sales Outstanding Historical Data

The historical data trend for Tantech 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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Tantech Holdings Days Sales Outstanding Chart

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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477.40

266.34

318.37

262.12

290.47

Tantech Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															313.03	214.31	311.20	299.98	375.95

Competitive Comparison of Tantech Holdings's Days Sales Outstanding

For the Household & Personal Products subindustry, Tantech 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.

Tantech Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tantech Holdings's Days Sales Outstanding distribution charts can be found below:

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

Tantech 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.

Tantech Holdings'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
=	( (44.963	+	40.174)	/	2 )	/	53.49	*	365
=	42.5685					/	53.49	*	365
=	290.47

Tantech Holdings'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
=	( (40.174	+	41.162)	/	2 )	/	19.742	*	365 / 2
=	40.668					/	19.742	*	365 / 2
=	375.95

Tantech Holdings (NAS:TANH) Days Sales Outstanding Explanation

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

Tantech Holdings Days Sales Outstanding Related Terms

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Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.