Top 10 Split Trust (TSX:TXT.UN) Days Sales Outstanding

: 11.26 (As of Dec. 2023)

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Top 10 Split Trust's average Accounts Receivable for the six months ended in Dec. 2023 was C$0.02 Mil. Top 10 Split Trust's Revenue for the six months ended in Dec. 2023 was C$0.31 Mil. Hence, Top 10 Split Trust's Days Sales Outstanding for the six months ended in Dec. 2023 was 11.26.

The historical rank and industry rank for Top 10 Split Trust's Days Sales Outstanding or its related term are showing as below:

TSX:TXT.UN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.06 Med: 12.95 Max: 29.2
Current: 9.3

During the past 9 years, Top 10 Split Trust's highest Days Sales Outstanding was 29.20. The lowest was 4.06. And the median was 12.95.

TSX:TXT.UN's Days Sales Outstanding is ranked better than
86.69% of 511 companies
in the Asset Management industry
Industry Median: 49.77 vs TSX:TXT.UN: 9.30

Top 10 Split Trust's Days Sales Outstanding declined from Dec. 2022 (12.15) to Dec. 2023 (11.26).

Top 10 Split Trust Days Sales Outstanding Historical Data

The historical data trend for Top 10 Split Trust'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.

Top 10 Split Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

22.81

4.06

9.40

9.14

Top 10 Split Trust Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding														4.41	7.01	12.15	7.69	11.26

Competitive Comparison

For the Asset Management subindustry, Top 10 Split Trust'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.

Top 10 Split Trust Days Sales Outstanding Distribution

For the Asset Management industry and Financial Services sector, Top 10 Split Trust's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Top 10 Split Trust's Days Sales Outstanding falls into.

Top 10 Split Trust 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.

Top 10 Split Trust'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
=	( (0.019	+	0)	/	1 )	/	0.759	*	365
=	0.019					/	0.759	*	365
=	9.14

Top 10 Split Trust'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.019	+	0)	/	1 )	/	0.308	*	365 / 2
=	0.019					/	0.308	*	365 / 2
=	11.26

Top 10 Split Trust (TSX:TXT.UN) Days Sales Outstanding Explanation

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

Top 10 Split Trust Days Sales Outstanding Related Terms

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Top 10 Split Trust (TSX:TXT.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Top 10 Split Trust (TSX:TXT.UN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TXT.PR.A.PFD:Canada

Address

121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9

Website

https://www.mulvihill.com

Top 10 Split Trust is a Canada-based closed-end investment trust. The fund invests in a portfolio of securities consisting of common equity securities of Canadian banks and Canadian life insurance companies. Its investment objective is to provide unitholders with the benefit of capital appreciation in the market price of the securities in the fund's portfolio.

Top 10 Split Trust (TSX:TXT.UN) Headlines

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