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Thai Wire Products PCL (BKK:TWP-R) Days Sales Outstanding : 69.28 (As of Mar. 2024)


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What is Thai Wire Products PCL Days Sales Outstanding?

Thai Wire Products PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿335 Mil. Thai Wire Products PCL's Revenue for the three months ended in Mar. 2024 was ฿441 Mil. Hence, Thai Wire Products PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.28.

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

BKK:TWP-R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.7   Med: 63.91   Max: 73.21
Current: 71.86

During the past 13 years, Thai Wire Products PCL's highest Days Sales Outstanding was 73.21. The lowest was 52.70. And the median was 63.91.

BKK:TWP-R's Days Sales Outstanding is ranked worse than
64.92% of 382 companies
in the Building Materials industry
Industry Median: 55.495 vs BKK:TWP-R: 71.86

Thai Wire Products PCL's Days Sales Outstanding increased from Mar. 2023 (63.69) to Mar. 2024 (69.28).


Thai Wire Products PCL Days Sales Outstanding Historical Data

The historical data trend for Thai Wire Products 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.

* Premium members only.

Thai Wire Products PCL Days Sales Outstanding Chart

Thai Wire Products PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.38 73.21 56.68 54.73 61.44

Thai Wire Products 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.69 68.23 74.50 73.18 69.28

Competitive Comparison of Thai Wire Products PCL's Days Sales Outstanding

For the Building Materials subindustry, Thai Wire Products 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 Wire Products PCL's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Thai Wire Products PCL's Days Sales Outstanding distribution charts can be found below:

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



Thai Wire Products 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 Wire Products 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
=( (291.215 + 306.138) / 2 ) / 1774.507*365
=298.6765 / 1774.507*365
=61.44

Thai Wire Products 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
=( (306.138 + 364.164) / 2 ) / 441.438*365 / 4
=335.151 / 441.438*365 / 4
=69.28

* 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.


Thai Wire Products PCL  (BKK:TWP-R) 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 Wire Products PCL Days Sales Outstanding Related Terms

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Thai Wire Products PCL (BKK:TWP-R) Business Description

Traded in Other Exchanges
Address
101/88 Moo 20 Nava Nakorn Industrial Estate, Khlong Nueng, Khlong Luang, Pathum Thani, THA, 12120
Thai Wire Products PCL is a manufacturer and seller of prestressed concrete wire. The prestressed concrete single wire is used in various kinds of construction work demanding strength and durability due to the enormous weight involved. The company is also involved in production of steel wires and operates in Thailand.

Thai Wire Products PCL (BKK:TWP-R) Headlines

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