Trina Solar Co (Trina Solar Co) Days Sales Outstanding : 83.49 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Trina Solar Co Days Sales Outstanding?

Trina Solar Co's average Accounts Receivable for the three months ended in Mar. 2024 was $2,319 Mil. Trina Solar Co's Revenue for the three months ended in Mar. 2024 was $2,535 Mil. Hence, Trina Solar Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.49.

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

TSL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.88 Med: 64.84 Max: 74.37
Current: 52.13

During the past 8 years, Trina Solar Co's highest Days Sales Outstanding was 74.37. The lowest was 45.88. And the median was 64.84.

TSL's Days Sales Outstanding is ranked better than
63.7% of 978 companies
in the Semiconductors industry
Industry Median: 62.445 vs TSL: 52.13

Trina Solar Co's Days Sales Outstanding increased from Mar. 2023 (58.86) to Mar. 2024 (83.49).

Trina Solar Co Days Sales Outstanding Historical Data

The historical data trend for Trina Solar Co'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.

Trina Solar Co Days Sales Outstanding Chart

Trina Solar Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

75.09

53.21

50.43

47.53

50.89

Trina Solar Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															58.86	52.24	54.38	53.76	83.49

Competitive Comparison of Trina Solar Co's Days Sales Outstanding

For the Solar subindustry, Trina Solar Co'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.

Trina Solar Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Trina Solar Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Trina Solar Co's Days Sales Outstanding falls into.

Trina Solar Co 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.

Trina Solar Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1894.804	+	2533.446)	/	2 )	/	15880.757	*	365
=	2214.125					/	15880.757	*	365
=	50.89

Trina Solar Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2533.446	+	2105.472)	/	2 )	/	2535.019	*	365 / 4
=	2319.459					/	2535.019	*	365 / 4
=	83.49

Trina Solar Co (NYSE:TSL) Days Sales Outstanding Explanation

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

Trina Solar Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Trina Solar Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Trina Solar Co (Trina Solar Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Trina Solar Co Ltd (NYSE:TSL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

688599:China

Address

No.2 Tianhe Road, Trina PV Industrial Park, Xinbei District, Jiangsu, CHN, 213031

Website

https://www.trinasolar.com

Trina Solar Co Ltd is engaged in manufacturing photovoltaic products, photovoltaic systems and smart energy. The photovoltaic products business includes research and development, manufacture and sales of monocrystalline silicon-based photovoltaic modules; the photovoltaic systems business includes power station business and construction and management of photovoltaic power station projects, among others; smart energy business includes photovoltaic power generation, operation, and management of the photovoltaic power station, research and sales of the smart microgrid and multi-energy systems, and operation of the energy cloud platform, among others.

Executives

Platinum Investment Management Ltd

10 percent owner

C/O PLATINUM ASSET MANAGEMENT, LEVEL 8, 7 MACQUARIE PLACE, SYDNEY AUSTRALIA 2000 C3 00000