Intertape Polymer Group (TSX:ITP) Days Sales Outstanding : 44.95 (As of Mar. 2022)

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What is Intertape Polymer Group Days Sales Outstanding?

Intertape Polymer Group's average Accounts Receivable for the three months ended in Mar. 2022 was C$253 Mil. Intertape Polymer Group's Revenue for the three months ended in Mar. 2022 was C$514 Mil. Hence, Intertape Polymer Group's Days Sales Outstanding for the three months ended in Mar. 2022 was 44.95.

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

TSX:ITP's Days Sales Outstanding is not ranked ^*
in the Packaging & Containers industry.
Industry Median: 69.425
* Ranked among companies with meaningful Days Sales Outstanding only.

Intertape Polymer Group's Days Sales Outstanding increased from Mar. 2021 (44.43) to Mar. 2022 (44.95).

Intertape Polymer Group Days Sales Outstanding Historical Data

The historical data trend for Intertape Polymer Group'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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Intertape Polymer Group Days Sales Outstanding Chart

Intertape Polymer Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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40.80

39.97

41.76

45.01

43.65

Intertape Polymer Group Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Days Sales Outstanding	Get a 7-Day Free Trial															44.43	44.83	44.78	44.46	44.95

Competitive Comparison of Intertape Polymer Group's Days Sales Outstanding

For the Packaging & Containers subindustry, Intertape Polymer Group'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.

Intertape Polymer Group's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Intertape Polymer Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Intertape Polymer Group's Days Sales Outstanding falls into.

Intertape Polymer Group 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.

Intertape Polymer Group'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
=	( (207.807	+	261.1)	/	2 )	/	1960.28	*	365
=	234.4535					/	1960.28	*	365
=	43.65

Intertape Polymer Group's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding (Q: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (261.1	+	245.742)	/	2 )	/	514.499	*	365 / 4
=	253.421					/	514.499	*	365 / 4
=	44.95

Intertape Polymer Group (TSX:ITP) Days Sales Outstanding Explanation

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

Intertape Polymer Group Days Sales Outstanding Related Terms

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Intertape Polymer Group (TSX:ITP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Intertape Polymer Group Inc (TSX:ITP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

9999 Cavendish Boulevard, Suite 200, St. Laurent, Montreal, QC, CAN, H4M 2X5

Website

https://www.itape.com

Intertape Polymer Group Inc manufactures and sells a variety of packaging products. The firm's primary product categories include tapes, films, and woven coated fabrics. The company's tapes include pressure-sensitive and water-activated carton sealing tapes, and flatback, duct, double coated, foil, electrical, and filament tapes. Intertape's film products include stretch wrap, shrink film, air pillows used for protective packaging, and packaging machines. The woven coated fabrics include building and construction products and specialty fabrics. The majority of revenue comes from the United States.