TPI Composites's average Accounts Receivable for the
three
months ended in Dec. 2023 was $132 Mil. TPI Composites's Revenue for the
three
months ended in Dec. 2023 was $297 Mil.
Hence, TPI Composites's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 40.71.
The historical rank and industry rank for TPI Composites's Days Sales Outstanding or its related term are showing as below:
TPIC'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.8 Med: 39.32 Max: 51.48
Current: 39.3
During the past 11 years, TPI Composites's highest Days Sales Outstanding was 51.48. The lowest was 32.80. And the median was 39.32.
TPIC's Days Sales Outstanding is ranked better than 89.82% of 2958
companies
in the Industrial Products industry
Industry Median: 79.14
vs TPIC: 39.30
TPI Composites's Days Sales Outstanding
declined
from Dec. 2022 (41.44) to Dec. 2023 (40.71).
TPI Composites Days Sales Outstanding Historical Data
The historical data trend for TPI Composites'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.
Competitive Comparison of TPI Composites's Days Sales Outstanding
For the Specialty Industrial Machinery subindustry, TPI Composites'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.
TPI Composites's Days Sales Outstanding Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, TPI Composites's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where TPI Composites's Days Sales Outstanding falls into.
TPI Composites 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.
* 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.
TPI Composites (NAS:TPIC) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
TPI Composites Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of TPI Composites's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
TPI Composites (TPI Composites) Business Description
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
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