Tourism Holdings (NZSE:THL) Days Sales Outstanding : 20.96 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Tourism Holdings Days Sales Outstanding?

Tourism Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was NZ$51.5 Mil. Tourism Holdings's Revenue for the six months ended in Dec. 2023 was NZ$448.7 Mil. Hence, Tourism Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 20.96.

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

NZSE:THL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.07 Med: 14.69 Max: 20.51
Current: 20.51

During the past 13 years, Tourism Holdings's highest Days Sales Outstanding was 20.51. The lowest was 7.07. And the median was 14.69.

NZSE:THL's Days Sales Outstanding is ranked better than
86.13% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.76 vs NZSE:THL: 20.51

Tourism Holdings's Days Sales Outstanding increased from Dec. 2022 (20.15) to Dec. 2023 (20.96).

Tourism Holdings Days Sales Outstanding Historical Data

The historical data trend for Tourism Holdings'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.

Tourism Holdings Days Sales Outstanding Chart

Tourism Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

9.40

11.93

15.92

17.02

15.35

Tourism Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															22.11	20.80	20.15	18.03	20.96

Competitive Comparison of Tourism Holdings's Days Sales Outstanding

For the Recreational Vehicles subindustry, Tourism Holdings'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.

Tourism Holdings's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's Days Sales Outstanding falls into.

Tourism Holdings 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.

Tourism Holdings's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (17.04	+	39.069)	/	2 )	/	667.294	*	365
=	28.0545					/	667.294	*	365
=	15.35

Tourism Holdings'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (39.069	+	63.981)	/	2 )	/	448.712	*	365 / 2
=	51.525					/	448.712	*	365 / 2
=	20.96

Tourism Holdings (NZSE:THL) Days Sales Outstanding Explanation

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

Tourism Holdings Days Sales Outstanding Related Terms

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

Tourism Holdings (NZSE:THL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tourism Holdings Ltd (NZSE:THL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

UCH:Germany THL:Australia

Address

83 Beach Road, Level 1, P.O. Box 4293, The Beach House, Auckland, NTL, NZL, 1010

Website

https://www.thlonline.com

Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals; United States Rentals and other. It generates maximum revenue from United States Rentals segment. United States Rentals segment includes rental and sale of Road Bear, Britz, Mighty and El Monte RVs.

Tourism Holdings (NZSE:THL) Headlines

No Headlines