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Tilray Brands (Tilray Brands) Days Sales Outstanding : 43.64 (As of Feb. 2024)


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What is Tilray Brands Days Sales Outstanding?

Tilray Brands's average Accounts Receivable for the three months ended in Feb. 2024 was $90.1 Mil. Tilray Brands's Revenue for the three months ended in Feb. 2024 was $188.3 Mil. Hence, Tilray Brands's Days Sales Outstanding for the three months ended in Feb. 2024 was 43.64.

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

TLRY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.82   Med: 25.56   Max: 77
Current: 41.92

During the past 12 years, Tilray Brands's highest Days Sales Outstanding was 77.00. The lowest was 0.82. And the median was 25.56.

TLRY's Days Sales Outstanding is ranked better than
77.8% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 71.68 vs TLRY: 41.92

Tilray Brands's Days Sales Outstanding declined from Feb. 2023 (52.66) to Feb. 2024 (43.64).


Tilray Brands Days Sales Outstanding Historical Data

The historical data trend for Tilray Brands'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.

Tilray Brands Days Sales Outstanding Chart

Tilray Brands Annual Data
Trend Aug14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.85 25.56 44.55 53.03 52.82

Tilray Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding Get a 7-Day Free Trial 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 52.66 40.77 43.40 40.66 43.64

Competitive Comparison of Tilray Brands's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.


Tilray Brands's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tilray Brands's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tilray Brands's Days Sales Outstanding falls into.



Tilray Brands 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.

Tilray Brands's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

Days Sales Outstanding (A: May. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )*Days in Period
=( (95.279 + 86.227) / 2 ) / 627.124*365
=90.753 / 627.124*365
=52.82

Tilray Brands's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (90.596 + 89.542) / 2 ) / 188.34*365 / 4
=90.069 / 188.34*365 / 4
=43.64

* 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.


Tilray Brands  (NAS:TLRY) Days Sales Outstanding Explanation

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


Tilray Brands Days Sales Outstanding Related Terms

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


Tilray Brands (Tilray Brands) Business Description

Address
265 Talbot Street West, Leamington, ON, CAN, N8H 5L4
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.
Executives
Denise M Faltischek officer: Chief Strategy Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Mitchell Gendel officer: Global General Counsel EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Irwin D Simon director, officer: President & CEO C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Carl A Merton officer: Chief Financial Officer C/O TILRAY, INC., 745 FIFTH AVENUE, SUITE 1602, NEW YORK NY 10151
Brendan Kennedy director 1920 EASTLAKE AVENUE E., SEATTLE WA 98105
James R. Meiers officer: Head of Canada C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
David G. Hopkinson director C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Thomas P. Looney director C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Johann Michael Herhalt director C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jodi L. Butts director C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
David F Clanachan director TIM HORTONS INC., 874 SINCLAIR ROAD, OAKVILLE A6 L6K 2Y1
Renah Persofsky director 55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3
Jon Edward Levin officer: Chief Operating Officer 2701 EASTLAKE AVE E, 3RD FLOOR, SEATTLE WA 98102
Michael C. Kruteck officer: Chief Financial Officer 2701 EASTLAKE AVE E, 3RD FLOOR, SEATTLE WA 98102
Rebekah Dopp director 444 LENOX AVENUE, SOUTH ORANGE NJ 07079