TCL Electronics Holdings (HKSE:01070) Days Sales Outstanding : 59.63 (As of Dec. 2023)

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What is TCL Electronics Holdings Days Sales Outstanding?

TCL Electronics Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$14,400 Mil. TCL Electronics Holdings's Revenue for the six months ended in Dec. 2023 was HK$44,070 Mil. Hence, TCL Electronics Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.63.

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

HKSE:01070' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.2 Med: 55.08 Max: 61.21
Current: 61.21

During the past 13 years, TCL Electronics Holdings's highest Days Sales Outstanding was 61.21. The lowest was 41.20. And the median was 55.08.

HKSE:01070's Days Sales Outstanding is ranked better than
65.48% of 2462 companies
in the Hardware industry
Industry Median: 74.315 vs HKSE:01070: 61.21

TCL Electronics Holdings's Days Sales Outstanding increased from Dec. 2022 (52.32) to Dec. 2023 (59.63).

TCL Electronics Holdings Days Sales Outstanding Historical Data

The historical data trend for TCL Electronics Holdings'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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TCL Electronics Holdings Days Sales Outstanding Chart

TCL Electronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.62

60.34

54.98

57.89

61.19

TCL Electronics Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															51.87	60.59	52.32	63.21	59.63

Competitive Comparison of TCL Electronics Holdings's Days Sales Outstanding

For the Consumer Electronics subindustry, TCL Electronics Holdings'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.

TCL Electronics Holdings's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TCL Electronics Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TCL Electronics Holdings's Days Sales Outstanding falls into.

TCL Electronics Holdings 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.

TCL Electronics Holdings'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
=	( (10935.081	+	15547.888)	/	2 )	/	78986.064	*	365
=	13241.4845					/	78986.064	*	365
=	61.19

TCL Electronics Holdings'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (13252.239	+	15547.888)	/	2 )	/	44069.622	*	365 / 2
=	14400.0635					/	44069.622	*	365 / 2
=	59.63

TCL Electronics Holdings (HKSE:01070) Days Sales Outstanding Explanation

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

TCL Electronics Holdings Days Sales Outstanding Related Terms

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TCL Electronics Holdings (HKSE:01070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCL Electronics Holdings Ltd (HKSE:01070) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

TCLHF:USA TC2A:Germany

Address

22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

http://electronics.tcl.com

TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.

TCL Electronics Holdings (HKSE:01070) Headlines

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