Thai Union Feedmill PCL (BKK:TFM) Days Sales Outstanding : 52.85 (As of Dec. 2023)

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What is Thai Union Feedmill PCL Days Sales Outstanding?

Thai Union Feedmill PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿741 Mil. Thai Union Feedmill PCL's Revenue for the three months ended in Dec. 2023 was ฿1,280 Mil. Hence, Thai Union Feedmill PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.85.

The historical rank and industry rank for Thai Union Feedmill PCL's Days Sales Outstanding or its related term are showing as below:

BKK:TFM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.16 Med: 43.97 Max: 53.76
Current: 53.55

During the past 7 years, Thai Union Feedmill PCL's highest Days Sales Outstanding was 53.76. The lowest was 36.16. And the median was 43.97.

BKK:TFM's Days Sales Outstanding is ranked worse than
68.93% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs BKK:TFM: 53.55

Thai Union Feedmill PCL's Days Sales Outstanding declined from Dec. 2022 (58.40) to Dec. 2023 (52.85).

Thai Union Feedmill PCL Days Sales Outstanding Historical Data

The historical data trend for Thai Union Feedmill PCL'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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Thai Union Feedmill PCL Days Sales Outstanding Chart

Thai Union Feedmill PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.93

47.84

43.97

52.34

53.76

Thai Union Feedmill PCL Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial													58.40	58.39	50.06	53.37	52.85

Competitive Comparison of Thai Union Feedmill PCL's Days Sales Outstanding

For the Farm Products subindustry, Thai Union Feedmill PCL'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.

Thai Union Feedmill PCL's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's Days Sales Outstanding falls into.

Thai Union Feedmill PCL 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.

Thai Union Feedmill PCL'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
=	( (771.035	+	725.709)	/	2 )	/	5081.317	*	365
=	748.372					/	5081.317	*	365
=	53.76

Thai Union Feedmill PCL'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (756.688	+	725.709)	/	2 )	/	1279.728	*	365 / 4
=	741.1985					/	1279.728	*	365 / 4
=	52.85

Thai Union Feedmill PCL (BKK:TFM) Days Sales Outstanding Explanation

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

Thai Union Feedmill PCL Days Sales Outstanding Related Terms

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Thai Union Feedmill PCL (BKK:TFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Feedmill PCL (BKK:TFM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000

Website

https://www.thaiunionfeedmill.com

Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.