Tel Instrument Electronics (Tel Instrument Electronics) Days Sales Outstanding : 40.21 (As of Dec. 2023)

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What is Tel Instrument Electronics Days Sales Outstanding?

Tel Instrument Electronics's average Accounts Receivable for the three months ended in Dec. 2023 was $1.06 Mil. Tel Instrument Electronics's Revenue for the three months ended in Dec. 2023 was $2.40 Mil. Hence, Tel Instrument Electronics's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.21.

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

TIKK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.65 Med: 41.49 Max: 52.7
Current: 45.48

During the past 13 years, Tel Instrument Electronics's highest Days Sales Outstanding was 52.70. The lowest was 22.65. And the median was 41.49.

TIKK's Days Sales Outstanding is ranked better than
70.76% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs TIKK: 45.48

Tel Instrument Electronics's Days Sales Outstanding declined from Dec. 2022 (53.03) to Dec. 2023 (40.21).

Tel Instrument Electronics Days Sales Outstanding Historical Data

The historical data trend for Tel Instrument Electronics'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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Tel Instrument Electronics Days Sales Outstanding Chart

Tel Instrument Electronics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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49.57

41.74

52.70

42.08

41.23

Tel Instrument Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															53.03	48.65	34.04	63.55	40.21

Competitive Comparison of Tel Instrument Electronics's Days Sales Outstanding

For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.

Tel Instrument Electronics's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tel Instrument Electronics's Days Sales Outstanding falls into.

Tel Instrument Electronics 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.

Tel Instrument Electronics'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
=	( (1.049	+	0.901)	/	2 )	/	8.631	*	365
=	0.975					/	8.631	*	365
=	41.23

Tel Instrument Electronics'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.942	+	1.176)	/	2 )	/	2.403	*	365 / 4
=	1.059					/	2.403	*	365 / 4
=	40.21

Tel Instrument Electronics (OTCPK:TIKK) Days Sales Outstanding Explanation

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

Tel Instrument Electronics Days Sales Outstanding Related Terms

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Tel Instrument Electronics (Tel Instrument Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tel Instrument Electronics Corp (OTCPK:TIKK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Branca Road, East Rutherford, NJ, USA, 07073

Website

https://www.telinstrument.com

Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The avionics government segment consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. The Avionics commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines. It generates a majority of its revenue from the Avionics Government segment.

Executives

Dowling Vincent J. Jr	10 percent owner	54 LEDYARD, WEST HARTFORD CT 06117
Robert A Rice	director	728 GARDEN ST, CARLSTADT NJ 07072
Joseph P Macaluso	10 percent owner, officer: Principal Accounting Officer
Stephen A Fletcher	director, 10 percent owner	ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Sadie Elizabeth Fletcher	10 percent owner	ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Michael Wolfgang Schirmer	officer: Chief Operating Officer	ONE BRANCA ROAD, EAST RUTHERFORD NJ 07073
Jeff C Ohara	director	ONE BRANCA RD, EAST RUTHERFORD NJ 07073
George J Leon	director, 10 percent owner
Chris H Allen	officer: VP of Operations	ONE BRANCA RD, EAST RUTHERFORD NJ 07073
Harold K Fletcher	director, 10 percent owner, officer: CEO
Marc A Mastrangelo	officer: Vice President-Manufacturing	728 GARDEN ST, CARLSTADT NJ 07072
Adam Rachlin	officer: Vice President	728 GARDEN ST, CARLSTADT NJ 07072
Charles R Palanzo	officer: COO	728 GARDEN STREET, CARLSTADT NJ 07072
Robert H Walker	director	C/O ROBOTIC VISION SYSTEMS INC, 486 AMHERST STREET, NASHUA NH 03063
Robert J Melnick	director, officer: Vice President

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