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Days Sales Outstanding measures of 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.
Tree Island Steel's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 55.83.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tree Island Steel's liquidation value for the
three
months ended in Mar. 2026 was C$-7.8 Mil.
Tree Island Steel (TSX:TSL) Change In Receivables Explanation
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.
Tree Island Steel's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:
* 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.
Tree Island Steel Change In Receivables Related Terms
Tree Island Steel Change In Receivables Historical Data
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The historical data trend for Tree Island Steel's Change In Receivables 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.
Tree Island Steel Change In Receivables Calculation
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.6 Mil.
* 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.
What does a Change In Receivables of C$0.6 Mil mean?
Tree Island Steel (TSX:TSL) has a Change In Receivables of C$0.6 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tree Island Steel and its competitors.
Is Tree Island Steel's Change In Receivables too high?
Tree Island Steel's current Change In Receivables is C$0.6 Mil. Overall, Tree Island Steel has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Change In Receivables compare to NUE and STLD?
Tree Island Steel's Change In Receivables of C$0.6 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Steel company?
A good Change In Receivables depends on the Steel industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tree Island Steel and its competitors. Tree Island Steel's current Change In Receivables is C$0.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TSX:TSL) is currently considered Modestly Overvalued. The stock's GF Value™ is C$1.93, compared to a current price of C$2.30 — trading 19.2% above its estimated fair value. The current Change In Receivables is C$0.6 Mil. Tree Island Steel's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Tree Island Steel (TSX:TSL), the current Change In Receivables is C$0.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tree Island Steel (TSX:TSL) Overvalued in 2026?
Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued.
The current stock price of C$2.30 is trading 19.2% above its estimated GF Value™ of C$1.93.
GuruFocus considers Tree Island Steel to be Modestly Overvalued.
Key valuation signals for TSX:TSL:
Change In Receivables: C$0.6 Mil
GF Value™: C$1.93 vs. price of C$2.30 (19.2% above fair value)
No single metric tells the full story. See the TSX:TSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
57GF Score
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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