Tower One Wireless (Tower One Wireless) Days Sales Outstanding

: 20.47 (As of Sep. 2022)

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Tower One Wireless's average Accounts Receivable for the three months ended in Sep. 2022 was $1.56 Mil. Tower One Wireless's Revenue for the three months ended in Sep. 2022 was $6.94 Mil. Hence, Tower One Wireless's Days Sales Outstanding for the three months ended in Sep. 2022 was 20.47.

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

TOWTF's Days Sales Outstanding is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 56.4
* Ranked among companies with meaningful Days Sales Outstanding only.

Tower One Wireless's Days Sales Outstanding declined from Sep. 2021 (41.83) to Sep. 2022 (20.47).

Tower One Wireless Days Sales Outstanding Historical Data

The historical data trend for Tower One Wireless'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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Tower One Wireless Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

165.06

64.40

75.96

58.50

102.20

Tower One Wireless Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Sales Outstanding																41.83	72.95	112.77	113.26	20.47

Competitive Comparison

For the Telecom Services subindustry, Tower One Wireless'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 One Wireless Days Sales Outstanding Distribution

For the Telecommunication Services industry and Communication Services sector, Tower One Wireless's Days Sales Outstanding distribution charts can be found below:

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

Tower One Wireless 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 One Wireless's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.911	+	3.765)	/	2 )	/	8.35	*	365
=	2.338					/	8.35	*	365
=	102.20

Tower One Wireless's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (1.202	+	1.911)	/	2 )	/	6.94	*	365 / 4
=	1.5565					/	6.94	*	365 / 4
=	20.47

Tower One Wireless (OTCPK:TOWTF) 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 One Wireless Days Sales Outstanding Related Terms

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Tower One Wireless (Tower One Wireless) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tower One Wireless Corp (OTCPK:TOWTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4

Website

https://www.toweronewireless.com

Tower One Wireless Corp is a Canada-based company which is a tower owner, operator, and developer of multitenant communications structures. Its primary business is the leasing of space on communications sites to mobile network operators. The company's geographical segments include Argentina; Colombia; Mexico; the United States of America and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the company's site leasing business, including the addition of new tenants and equipment on its sites.