T.Krungthai Industries PCL (BKK:TKT) Days Sales Outstanding : 78.32 (As of Mar. 2024)

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What is T.Krungthai Industries PCL Days Sales Outstanding?

T.Krungthai Industries PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿220 Mil. T.Krungthai Industries PCL's Revenue for the three months ended in Mar. 2024 was ฿256 Mil. Hence, T.Krungthai Industries PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.32.

The historical rank and industry rank for T.Krungthai Industries PCL's Days Sales Outstanding or its related term are showing as below:

BKK:TKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.62 Med: 69.42 Max: 87.97
Current: 87.97

During the past 13 years, T.Krungthai Industries PCL's highest Days Sales Outstanding was 87.97. The lowest was 58.62. And the median was 69.42.

BKK:TKT's Days Sales Outstanding is ranked worse than
78.23% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.235 vs BKK:TKT: 87.97

T.Krungthai Industries PCL's Days Sales Outstanding declined from Mar. 2023 (85.81) to Mar. 2024 (78.32).

T.Krungthai Industries PCL Days Sales Outstanding Historical Data

The historical data trend for T.Krungthai Industries 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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T.Krungthai Industries PCL Days Sales Outstanding Chart

T.Krungthai Industries PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.32

74.56

68.41

77.47

87.04

T.Krungthai Industries PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															85.81	106.14	81.60	82.32	78.32

Competitive Comparison of T.Krungthai Industries PCL's Days Sales Outstanding

For the Auto Parts subindustry, T.Krungthai Industries 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.

T.Krungthai Industries PCL's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T.Krungthai Industries PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where T.Krungthai Industries PCL's Days Sales Outstanding falls into.

T.Krungthai Industries 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.

T.Krungthai Industries 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
=	( (347.252	+	256.071)	/	2 )	/	1265.028	*	365
=	301.6615					/	1265.028	*	365
=	87.04

T.Krungthai Industries PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (256.071	+	183.839)	/	2 )	/	256.258	*	365 / 4
=	219.955					/	256.258	*	365 / 4
=	78.32

T.Krungthai Industries PCL (BKK:TKT) Days Sales Outstanding Explanation

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

T.Krungthai Industries PCL Days Sales Outstanding Related Terms

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T.Krungthai Industries PCL (BKK:TKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » T.Krungthai Industries PCL (BKK:TKT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Soi Chan 43, Yaek 21, Chan Road, Tungwatdon, Sathorn, Bangkok, THA, 10120

Website

http://www.tkrungthai.com

T.Krungthai Industries PCL is engaged in the manufacturing and distribution of plastic products as well as molds design, molds production and molds repairing. It offers automotive parts and electrical parts such as dashboard components or trims, grillers, wheel covers, mudguards or flaps, engine covers, radiator supports, external and internal parts of refrigerators. Geographically the group has a business presence in Thailand, South Africa, China, Argentina, India, Vietnam and Italy of which a majority of revenue is derived from Thailand.

T.Krungthai Industries PCL (BKK:TKT) Headlines

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