TFI International (TFI International) Days Sales Outstanding : 42.22 (As of Dec. 2023)

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What is TFI International Days Sales Outstanding?

TFI International's average Accounts Receivable for the three months ended in Dec. 2023 was $911 Mil. TFI International's Revenue for the three months ended in Dec. 2023 was $1,969 Mil. Hence, TFI International's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.22.

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

TFII' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.27 Med: 43.07 Max: 52.26
Current: 45.08

During the past 13 years, TFI International's highest Days Sales Outstanding was 52.26. The lowest was 39.27. And the median was 43.07.

TFII's Days Sales Outstanding is ranked better than
50.93% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs TFII: 45.08

TFI International's Days Sales Outstanding declined from Dec. 2022 (49.07) to Dec. 2023 (42.22).

TFI International Days Sales Outstanding Historical Data

The historical data trend for TFI International'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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TFI International Days Sales Outstanding Chart

TFI International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.42

48.88

39.36

40.45

43.99

TFI International 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															49.07	47.24	47.05	44.72	42.22

Competitive Comparison of TFI International's Days Sales Outstanding

For the Trucking subindustry, TFI International'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.

TFI International's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TFI International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TFI International's Days Sales Outstanding falls into.

TFI International 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.

TFI International'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
=	( (966.428	+	846.681)	/	2 )	/	7521.167	*	365
=	906.5545					/	7521.167	*	365
=	43.99

TFI International'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
=	( (975.245	+	846.681)	/	2 )	/	1968.678	*	365 / 4
=	910.963					/	1968.678	*	365 / 4
=	42.22

TFI International (NYSE:TFII) Days Sales Outstanding Explanation

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

TFI International Days Sales Outstanding Related Terms

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TFI International (TFI International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TFI International Inc (NYSE:TFII) » Definitions » Days Sales Outstanding

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TFII:Canada

Address

8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Montreal, QC, CAN, H4S 1Z6

Website

https://www.tfiintl.com

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.