Tegna's average Accounts Receivable for the
three
months ended in Dec. 2023 was $616 Mil. Tegna's Revenue for the
three
months ended in Dec. 2023 was $726 Mil.
Hence, Tegna's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 77.42.
The historical rank and industry rank for Tegna's Days Sales Outstanding or its related term are showing as below:
TGNA'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.81 Med: 77.99 Max: 113.11
Current: 78.27
During the past 13 years, Tegna's highest Days Sales Outstanding was 113.11. The lowest was 68.81. And the median was 77.99.
TGNA's Days Sales Outstanding is ranked worse than 58.55% of 1023
companies
in the Media - Diversified industry
Industry Median: 69.42
vs TGNA: 78.27
Tegna's Days Sales Outstanding
increased
from Dec. 2022 (62.08) to Dec. 2023 (77.42).
Tegna Days Sales Outstanding Historical Data
The historical data trend for Tegna'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.
Competitive Comparison of Tegna's Days Sales Outstanding
For the Broadcasting subindustry, Tegna'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.
Tegna's Days Sales Outstanding Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Tegna's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Tegna's Days Sales Outstanding falls into.
Tegna 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.
* 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.
Tegna (NYSE:TGNA) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Tegna Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Tegna's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has around 64 television stations and 2 radio stations in approximately 51 U.S markets. The company owns multicast networks of True Crime Network, Twist and Quest. Each television station also has a robust digital presence across online, mobile, connected television and social platforms, reaching consumers on all devices and platforms they use to consume news content. It generates key revenue from advertising and marketing services, subscription, political advertising, and other services.
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