Toray Textiles (Thailand) PCL (BKK:TTT) Days Sales Outstanding : 72.70 (As of Mar. 2024)

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What is Toray Textiles (Thailand) PCL Days Sales Outstanding?

Toray Textiles (Thailand) PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,886 Mil. Toray Textiles (Thailand) PCL's Revenue for the three months ended in Mar. 2024 was ฿2,367 Mil. Hence, Toray Textiles (Thailand) PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.70.

The historical rank and industry rank for Toray Textiles (Thailand) PCL's Days Sales Outstanding or its related term are showing as below:

BKK:TTT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.84 Med: 69.88 Max: 89.18
Current: 70.57

During the past 7 years, Toray Textiles (Thailand) PCL's highest Days Sales Outstanding was 89.18. The lowest was 63.84. And the median was 69.88.

BKK:TTT's Days Sales Outstanding is ranked worse than
67.38% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.25 vs BKK:TTT: 70.57

Toray Textiles (Thailand) PCL's Days Sales Outstanding increased from Mar. 2023 (71.65) to Mar. 2024 (72.70).

Toray Textiles (Thailand) PCL Days Sales Outstanding Historical Data

The historical data trend for Toray Textiles (Thailand) 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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Toray Textiles (Thailand) PCL Days Sales Outstanding Chart

Toray Textiles (Thailand) PCL Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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69.46

89.18

70.29

63.84

71.19

Toray Textiles (Thailand) 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															71.65	74.00	67.43	68.04	72.70

Competitive Comparison of Toray Textiles (Thailand) PCL's Days Sales Outstanding

For the Textile Manufacturing subindustry, Toray Textiles (Thailand) 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.

Toray Textiles (Thailand) PCL's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Textiles (Thailand) PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Toray Textiles (Thailand) PCL's Days Sales Outstanding falls into.

Toray Textiles (Thailand) 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.

Toray Textiles (Thailand) PCL's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1814.187	+	1880.552)	/	2 )	/	9471.285	*	365
=	1847.3695					/	9471.285	*	365
=	71.19

Toray Textiles (Thailand) 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
=	( (1891.311	+	1880.552)	/	2 )	/	2367.146	*	365 / 4
=	1885.9315					/	2367.146	*	365 / 4
=	72.70

Toray Textiles (Thailand) PCL (BKK:TTT) Days Sales Outstanding Explanation

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

Toray Textiles (Thailand) PCL Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Toray Textiles (Thailand) PCL's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Toray Textiles (Thailand) PCL (BKK:TTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toray Textiles (Thailand) PCL (BKK:TTT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Sathorn Road, 20 Bubhajit Building, 5th Floor, Silom Subdistrict, Bang Rak District, Bangkok, THA, 10500

Website

https://www.toray.co.th

Toray Textiles (Thailand) PCL operates as a textile business. The principal activities of the company are the manufacturing of textiles consisting of spun fabric, filament fabric, woven fabric, knitted fabric, and denim yarn; and an industrial material product consisting of cord for rubber material reinforcement, fabric for airbags, canvas and car seat fabric. Its operating segment includes Textile; and Industrial material products. It generates maximum revenue from the Textile segment. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan; Bangladesh; Vietnam; the United Arab Emirates, and Other Countries.

Toray Textiles (Thailand) PCL (BKK:TTT) Headlines

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