Tern (LSE:TERN) Days Sales Outstanding : 1,003.75 (As of Jun. 2024)

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What is Tern Days Sales Outstanding?

Tern's average Accounts Receivable for the six months ended in Jun. 2024 was £0.04 Mil. Tern's Revenue for the six months ended in Jun. 2024 was £0.01 Mil. Hence, Tern's Days Sales Outstanding for the six months ended in Jun. 2024 was 1,003.75.

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

LSE:TERN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 130.23 Med: 221.92 Max: 1043.9
Current: 1043.9

During the past 13 years, Tern's highest Days Sales Outstanding was 1043.90. The lowest was 130.23. And the median was 221.92.

LSE:TERN's Days Sales Outstanding is ranked worse than
96.44% of 505 companies
in the Asset Management industry
Industry Median: 50.76 vs LSE:TERN: 1043.90

Tern's Days Sales Outstanding increased from Jun. 2023 (285.45) to Jun. 2024 (1,003.75).

Tern Days Sales Outstanding Historical Data

The historical data trend for Tern'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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Tern Days Sales Outstanding Chart

Tern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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221.92

338.41

769.92

660.87

130.23

Tern Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															1,405.25	676.44	285.45	759.71	1,003.75

Competitive Comparison of Tern's Days Sales Outstanding

For the Asset Management subindustry, Tern'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.

Tern's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tern's Days Sales Outstanding distribution charts can be found below:

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

Tern 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.

Tern'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
=	( (0.136	+	0.006)	/	2 )	/	0.199	*	365
=	0.071					/	0.199	*	365
=	130.23

Tern's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (0.006	+	0.071)	/	2 )	/	0.007	*	365 / 2
=	0.0385					/	0.007	*	365 / 2
=	1,003.75

Tern (LSE:TERN) Days Sales Outstanding Explanation

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

Tern Days Sales Outstanding Related Terms

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Tern Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tern PLC (LSE:TERN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.ternplc.com

Tern PLC is an Alternative Investment Market, quoted investment company. The company mainly focuses on investing in the Internet of Things sector. The company's investment portfolio consists of Push Technology Limited, Talking Medicines, Wyld Networks, Konektio (previously InVMA), FundamentalVR, and Device Authority which are in the business of development of data security software, database analytics, and search software.