GURUFOCUS.COM » STOCK LIST » USA » NAS » Target Hospitality Corp (NAS:TH) » Definitions » Days Sales Outstanding
Switch to:

Target Hospitality Days Sales Outstanding

: 49.85 (As of Jun. 2022)
View and export this data going back to 2018. Start your Free Trial

Target Hospitality's average Accounts Receivable for the three months ended in Jun. 2022 was $59.9 Mil. Target Hospitality's Revenue for the three months ended in Jun. 2022 was $109.6 Mil. Hence, Target Hospitality's Days Sales Outstanding for the three months ended in Jun. 2022 was 49.85.

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

TH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.68   Med: 61.08   Max: 86.63
Current: 42.85

During the past 5 years, Target Hospitality's highest Days Sales Outstanding was 86.63. The lowest was 35.68. And the median was 61.08.

TH's Days Sales Outstanding is ranked better than
72.47% of 1028 companies
in the Business Services industry
Industry Median: 58.34 vs TH: 42.85

Target Hospitality's Days Sales Outstanding increased from Jun. 2021 (36.98) to Jun. 2022 (49.85).


Target Hospitality Days Sales Outstanding Historical Data

The historical data trend for Target Hospitality'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.

Target Hospitality Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Days Sales Outstanding
- 86.63 60.01 62.14 35.68

Target Hospitality Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.98 32.36 34.71 39.89 49.85

Competitive Comparison

For the Specialty Business Services subindustry, Target Hospitality'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.

   

Target Hospitality Days Sales Outstanding Distribution

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

* The bar in red indicates where Target Hospitality's Days Sales Outstanding falls into.



Target Hospitality 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.

Target Hospitality's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (28.183 + 28.78) / 2 ) / 291.337*365
=28.4815 / 291.337*365
=35.68

Target Hospitality's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding (Q: Jun. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )*Days in Period
=( (41.463 + 78.335) / 2 ) / 109.647*365 / 4
=59.899 / 109.647*365 / 4
=49.85

* 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.


Target Hospitality  (NAS:TH) Days Sales Outstanding Explanation

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


Target Hospitality Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Target Hospitality's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Target Hospitality Business Description

Target Hospitality logo
Traded in Other Exchanges
Address
2170 Buckthorne Place, Suite 440, The Woodlands, Houston, TX, USA, 77380-1775
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Executives
Medler Linda R director 4505 W HANGING ROCK COURT MARANA AZ 85658
Patenaude Pamela H. director 26642 TOWNE CENTRE DRIVE C/O LOANDEPOT, INC. FOOTHILL RANCH CA 92610
Faulkenberry Barbara J director 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Kelley John Travis officer: EVP - Operations 2170 BUCKTHORNE PLACE, SUITE 440 SUITE 440 THE WOODLANDS TX 77380
Berry Joy Anne director 2170 BUCKTHORNE PLACE, SUITE 440 THE WOODLANDS TX 77380
Kalamaras Eric officer: EVP and CFO ATLAS PIPELINE PARTNERS, GP 110 W. 7TH, SUITE 2300 TULSA OK 74119
Sagansky Jeffrey director 1450 2ND STREET SUITE 247 SANTA MONICA CA 90401
Baker Eli director 416 BEIRUT AVENUE PACIFIC PALISADES CA 90272
Algeco Limited Partnership Slp 10 percent owner 20 RUE EUGENE RUPPERT LUXEMBOURG CITY N4 L-2453
Archer James B. director, officer: President and CEO C/O TARGET HOSPITALITY 2170 BUCKTHORNE PLACE, SUITE 440 THE WOODLANDS TX 77380
Algeco Investments 2 S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT LUXEMBOURG CITY N4 L-2453
Algeco Investments 1 S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT LUXEMBOURG CITY N4 L-2453
Algeco Global S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT LUXEMBOURG CITY N4 L-2453
Algeco Holding S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT LUXEMBOURG CITY N4 L-2453
Arrow Holdings S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT LUXEMBOURG N4 L-2453

Target Hospitality Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)