Tower Semiconductor (Tower Semiconductor) Days Sales Outstanding

: 39.47 (As of Dec. 2023)

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Tower Semiconductor's average Accounts Receivable for the three months ended in Dec. 2023 was $152 Mil. Tower Semiconductor's Revenue for the three months ended in Dec. 2023 was $352 Mil. Hence, Tower Semiconductor's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.47.

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

TSEM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.11 Med: 39.47 Max: 42.42
Current: 39.24

During the past 13 years, Tower Semiconductor's highest Days Sales Outstanding was 42.42. The lowest was 32.11. And the median was 39.47.

TSEM's Days Sales Outstanding is ranked better than
82.38% of 976 companies
in the Semiconductors industry
Industry Median: 62.445 vs TSEM: 39.24

Tower Semiconductor's Days Sales Outstanding increased from Dec. 2022 (35.98) to Dec. 2023 (39.47).

Tower Semiconductor Days Sales Outstanding Historical Data

The historical data trend for Tower Semiconductor'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 41.47 [6] => 41.68 [7] => 36.83 [8] => 32.11 [9] => 39.38 )

Tower Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

41.47

41.68

36.83

32.11

39.38

Tower Semiconductor 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																35.98	38.12	39.28	39.93	39.47

Competitive Comparison

For the Semiconductors subindustry, Tower Semiconductor'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.

Tower Semiconductor Days Sales Outstanding Distribution

For the Semiconductors industry and Technology sector, Tower Semiconductor's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tower Semiconductor's Days Sales Outstanding falls into.

Tower Semiconductor 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.

Tower Semiconductor'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
=	( (152.935	+	154.067)	/	2 )	/	1422.68	*	365
=	153.501					/	1422.68	*	365
=	39.38

Tower Semiconductor'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
=	( (150.162	+	154.067)	/	2 )	/	351.711	*	365 / 4
=	152.1145					/	351.711	*	365 / 4
=	39.47

Tower Semiconductor (NAS:TSEM) Days Sales Outstanding Explanation

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

Tower Semiconductor Days Sales Outstanding Related Terms

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Tower Semiconductor (Tower Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.