Lanka Tiles (COL:TILE.N0000) Days Sales Outstanding : 41.69 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Lanka Tiles Days Sales Outstanding?

Lanka Tiles's average Accounts Receivable for the three months ended in Dec. 2023 was රු2,590 Mil. Lanka Tiles's Revenue for the three months ended in Dec. 2023 was රු5,669 Mil. Hence, Lanka Tiles's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.69.

The historical rank and industry rank for Lanka Tiles's Days Sales Outstanding or its related term are showing as below:

COL:TILE.N0000' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.48 Med: 31.29 Max: 47.11
Current: 47.11

During the past 13 years, Lanka Tiles's highest Days Sales Outstanding was 47.11. The lowest was 15.48. And the median was 31.29.

COL:TILE.N0000's Days Sales Outstanding is ranked better than
75% of 1644 companies
in the Construction industry
Industry Median: 72.4 vs COL:TILE.N0000: 47.11

Lanka Tiles's Days Sales Outstanding declined from Dec. 2022 (58.48) to Dec. 2023 (41.69).

Lanka Tiles Days Sales Outstanding Historical Data

The historical data trend for Lanka Tiles'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.

Lanka Tiles Days Sales Outstanding Chart

Lanka Tiles Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

35.87

35.19

18.19

15.48

18.26

Lanka Tiles Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															58.48	41.31	46.58	48.55	41.69

Competitive Comparison of Lanka Tiles's Days Sales Outstanding

For the Building Products & Equipment subindustry, Lanka Tiles'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.

Lanka Tiles's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lanka Tiles's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lanka Tiles's Days Sales Outstanding falls into.

Lanka Tiles 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.

Lanka Tiles's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (572.03	+	1297.252)	/	2 )	/	18684.042	*	365
=	934.641					/	18684.042	*	365
=	18.26

Lanka Tiles'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
=	( (2453.297	+	2726.76)	/	2 )	/	5669.179	*	365 / 4
=	2590.0285					/	5669.179	*	365 / 4
=	41.69

Lanka Tiles (COL:TILE.N0000) Days Sales Outstanding Explanation

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

Lanka Tiles Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Lanka Tiles's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Lanka Tiles (COL:TILE.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lanka Tiles PLC (COL:TILE.N0000) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Nawala Road, Narahenpita, Colombo, LKA, 05

Website

https://www.lankatiles.com

Lanka Tiles PLC is a manufacturer and seller of glazed ceramic floor tiles in Sri Lanka. The principal activities of the group are the Manufacturing and distribution of glazed ceramic and porcelain floor tiles through a network of dealers and distributors.

Lanka Tiles (COL:TILE.N0000) Headlines

No Headlines