Tessenderlo Group NV (XBRU:TESB) Days Sales Outstanding : 65.08 (As of Dec. 2023)

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What is Tessenderlo Group NV Days Sales Outstanding?

Tessenderlo Group NV's average Accounts Receivable for the six months ended in Dec. 2023 was €464 Mil. Tessenderlo Group NV's Revenue for the six months ended in Dec. 2023 was €1,302 Mil. Hence, Tessenderlo Group NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.08.

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

XBRU:TESB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.33 Med: 49.95 Max: 54.64
Current: 54.09

During the past 13 years, Tessenderlo Group NV's highest Days Sales Outstanding was 54.64. The lowest was 33.33. And the median was 49.95.

XBRU:TESB's Days Sales Outstanding is ranked better than
62.13% of 235 companies
in the Agriculture industry
Industry Median: 74.86 vs XBRU:TESB: 54.09

Tessenderlo Group NV's Days Sales Outstanding increased from Dec. 2022 (61.47) to Dec. 2023 (65.08).

Tessenderlo Group NV Days Sales Outstanding Historical Data

The historical data trend for Tessenderlo Group NV'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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Tessenderlo Group NV Days Sales Outstanding Chart

Tessenderlo Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.80

50.75

49.96

49.78

47.50

Tessenderlo Group NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															58.79	54.47	61.47	51.23	65.08

Competitive Comparison of Tessenderlo Group NV's Days Sales Outstanding

For the Agricultural Inputs subindustry, Tessenderlo Group NV'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.

Tessenderlo Group NV's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tessenderlo Group NV's Days Sales Outstanding distribution charts can be found below:

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

Tessenderlo Group NV 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.

Tessenderlo Group NV'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
=	( (373.4	+	388.7)	/	2 )	/	2928.3	*	365
=	381.05					/	2928.3	*	365
=	47.50

Tessenderlo Group NV'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
=	( (539.7	+	388.7)	/	2 )	/	1301.8	*	365 / 2
=	464.2					/	1301.8	*	365 / 2
=	65.08

Tessenderlo Group NV (XBRU:TESB) Days Sales Outstanding Explanation

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

Tessenderlo Group NV Days Sales Outstanding Related Terms

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Tessenderlo Group NV (XBRU:TESB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (XBRU:TESB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0KCP:UK TEZ:Germany

Address

Troonstraat 130 Rue du Trone, Brussels, BEL, 1050

Website

https://www.tessenderlo.com

Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.

Tessenderlo Group NV (XBRU:TESB) Headlines

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