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Tessco Technologies (Tessco Technologies) Days Sales Outstanding : 71.15 (As of Mar. 2023)


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What is Tessco Technologies Days Sales Outstanding?

Tessco Technologies's average Accounts Receivable for the three months ended in Mar. 2023 was $81.2 Mil. Tessco Technologies's Revenue for the three months ended in Mar. 2023 was $104.2 Mil. Hence, Tessco Technologies's Days Sales Outstanding for the three months ended in Mar. 2023 was 71.15.

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

TESS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.54   Med: 56.21   Max: 79.19
Current: 65.1

During the past 13 years, Tessco Technologies's highest Days Sales Outstanding was 79.19. The lowest was 40.54. And the median was 56.21.

TESS's Days Sales Outstanding is not ranked
in the Hardware industry.
Industry Median: 74.92 vs TESS: 65.10

Tessco Technologies's Days Sales Outstanding increased from Mar. 2022 (64.64) to Mar. 2023 (71.15).


Tessco Technologies Days Sales Outstanding Historical Data

The historical data trend for Tessco Technologies'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.

Tessco Technologies Days Sales Outstanding Chart

Tessco Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.19 78.90 74.75 63.64 64.01

Tessco Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 64.64 63.29 62.40 65.25 71.15

Competitive Comparison of Tessco Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Tessco Technologies'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.


Tessco Technologies's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tessco Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tessco Technologies's Days Sales Outstanding falls into.



Tessco Technologies 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.

Tessco Technologies'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
=( (75.546 + 83) / 2 ) / 452.065*365
=79.273 / 452.065*365
=64.01

Tessco Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding (Q: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (79.497 + 83) / 2 ) / 104.201*365 / 4
=81.2485 / 104.201*365 / 4
=71.15

* 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.


Tessco Technologies  (NAS:TESS) Days Sales Outstanding Explanation

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


Tessco Technologies Days Sales Outstanding Related Terms

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Tessco Technologies (Tessco Technologies) Business Description

Traded in Other Exchanges
N/A
Address
11126 McCormick Road, Hunt Valley, MD, USA, 21031
Tessco Technologies Inc is a United States-based value-added technology distributor, manufacturer, and solutions provider. The company supplies wireless communications products for network infrastructure, site support, and fixed and mobile broadband networks. It offers products related to power systems, Wi-Fi Networks, Broadband, DAS((Distributed Antenna Systems) for In-Building Cellular and Public Safety Coverage, IoT (Internet of Things), Mobile Devices and Accessories, and others. The operating segments of the company are Carrier and Commercial, of which the majority of the revenue is derived from the Commercial segment.
Executives
Barnhill Robert B Jr 10 percent owner 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Thad Lowe officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Tammy Ridgley officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Michael Brodsky other: See Explanation of Responses C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Matthew W Brewer other: See Explanation of Responses C/O BARTLIT BECK LLP, 54 WEST HUBBARD #3B, CHICAGO IL 60654
Kenneth J Spangler other: See Explanation of Responses 90 FEDEX PARKWAY, 2ND FLOOR VERTICAL, COLLIERVILLE TN 38017
Joseph H Quaglia other: See Explanation of Responses 5350 TECH DATA DRIVE, CLEARWATER FL 33760
J Timothy Bryan director 11700 PLAZA AMERICA DRIVE, SUITE 1010, RESTON VA 20190
Lakeview Investment Group & Trading Co Llc 10 percent owner 444 WEST LAKE STREET, SUITE 1900, CHICAGO IL 60606
Steven T Campbell director 8410 W. BRYN MAWR, CHICAGO IL 60631
Vernon Irvin director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 02108
Paul J Gaffney director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Kathleen Mclean director C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Joseph Cawley officer: Senior Vice President 11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Abl Manager Llc 10 percent owner 444 W. LAKE #1900, CHICAGO IL 60606

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