TAT Technologies (TAT Technologies) Days Sales Outstanding : 54.31 (As of Dec. 2023)

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What is TAT Technologies Days Sales Outstanding?

TAT Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $18.9 Mil. TAT Technologies's Revenue for the three months ended in Dec. 2023 was $31.8 Mil. Hence, TAT Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.31.

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

TATT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.96 Med: 75.45 Max: 93.66
Current: 54.96

During the past 13 years, TAT Technologies's highest Days Sales Outstanding was 93.66. The lowest was 54.96. And the median was 75.45.

TATT's Days Sales Outstanding is ranked better than
59.14% of 301 companies
in the Aerospace & Defense industry
Industry Median: 64.19 vs TATT: 54.96

TAT Technologies's Days Sales Outstanding declined from Dec. 2022 (57.89) to Dec. 2023 (54.31).

TAT Technologies Days Sales Outstanding Historical Data

The historical data trend for TAT Technologies'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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TAT Technologies Days Sales Outstanding Chart

TAT Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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74.12

76.69

59.08

63.69

57.14

TAT Technologies 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															57.89	60.19	54.72	49.37	54.31

Competitive Comparison of TAT Technologies's Days Sales Outstanding

For the Aerospace & Defense subindustry, TAT Technologies'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.

TAT Technologies's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TAT Technologies's Days Sales Outstanding falls into.

TAT Technologies 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.

TAT Technologies'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
=	( (15.622	+	20.009)	/	2 )	/	113.794	*	365
=	17.8155					/	113.794	*	365
=	57.14

TAT Technologies'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
=	( (17.89	+	20.009)	/	2 )	/	31.837	*	365 / 4
=	18.9495					/	31.837	*	365 / 4
=	54.31

TAT Technologies (NAS:TATT) Days Sales Outstanding Explanation

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

TAT Technologies Days Sales Outstanding Related Terms

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TAT Technologies (TAT Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TAT Technologies Ltd (NAS:TATT) » Definitions » Days Sales Outstanding

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TATT:Israel

Address

Hamelacha 5, Netanya, ISR, 4250540

Website

https://www.tat-technologies.com

TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.