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Tate & Lyle (Tate & Lyle) Days Sales Outstanding

: 60.86 (As of Sep. 2023)
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Tate & Lyle's average Accounts Receivable for the six months ended in Sep. 2023 was $354 Mil. Tate & Lyle's Revenue for the six months ended in Sep. 2023 was $1,061 Mil. Hence, Tate & Lyle's Days Sales Outstanding for the six months ended in Sep. 2023 was 60.86.

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

TATYY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.35   Med: 37.19   Max: 88.76
Current: 68.27

During the past 13 years, Tate & Lyle's highest Days Sales Outstanding was 88.76. The lowest was 32.35. And the median was 37.19.

TATYY's Days Sales Outstanding is ranked worse than
80.54% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 39.02 vs TATYY: 68.27

Tate & Lyle's Days Sales Outstanding declined from Sep. 2022 (71.95) to Sep. 2023 (60.86).

Tate & Lyle Days Sales Outstanding Historical Data

The historical data trend for Tate & Lyle'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.

Tate & Lyle Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.96 38.23 83.99 70.82 54.21

Tate & Lyle Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 76.35 61.51 71.95 66.83 60.86
Competitive Comparison

For the Packaged Foods subindustry, Tate & Lyle'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.

Tate & Lyle Days Sales Outstanding Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tate & Lyle's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tate & Lyle's Days Sales Outstanding falls into.


Tate & Lyle 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.

Tate & Lyle's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (293.808 + 337.379) / 2 ) / 2125*365
=315.5935 / 2125*365
=54.21

Tate & Lyle's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (337.379 + 370.05) / 2 ) / 1060.644*365 / 2
=353.7145 / 1060.644*365 / 2
=60.86

* 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.

Tate & Lyle  (OTCPK:TATYY) Days Sales Outstanding Explanation

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

Tate & Lyle Days Sales Outstanding Related Terms

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Tate & Lyle (Tate & Lyle) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tate & Lyle PLC (OTCPK:TATYY) » Definitions » Days Sales Outstanding
Comparable Companies
LSE:CWK LSE:PFD LSE:HFG LSE:BAKK LSE:GNC LSE:CARR LSE:ANP LSE:SALT LSE:SIS LSE:OHT XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SHSE:600887 LSE:ABF SZSE:300999 BIMBOA
Traded in Other Exchanges
TATYF:USA TATEl:UK TATE:UK TLYB:Germany
Address
5 Marble Arch, London, GBR, W1H 7EJ
Website
https://www.tateandlyle.com
Tate & Lyle is a global provider of food and beverage ingredients and solutions. Following the sale in 2022 of a controlling stake in its commodity ingredients business, as well as its exit from the sugar business a decade earlier, Tate & Lyle is now focused on specialty ingredients—sweeteners, starches, and soluble fiber. It has 2,700 employees and operates in over 140 countries, with most of its revenue generated in North America.