Tenax International SpA (MIL:TNX) Days Sales Outstanding : 85.64 (As of Dec. 2023)

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What is Tenax International SpA Days Sales Outstanding?

Tenax International SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €5.40 Mil. Tenax International SpA's Revenue for the six months ended in Dec. 2023 was €11.51 Mil. Hence, Tenax International SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 85.64.

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

MIL:TNX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 97.87 Med: 132.8 Max: 182.2
Current: 97.87

During the past 6 years, Tenax International SpA's highest Days Sales Outstanding was 182.20. The lowest was 97.87. And the median was 132.80.

MIL:TNX's Days Sales Outstanding is ranked worse than
83.71% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs MIL:TNX: 97.87

Tenax International SpA's Days Sales Outstanding increased from Dec. 2022 (75.00) to Dec. 2023 (85.64).

Tenax International SpA Days Sales Outstanding Historical Data

The historical data trend for Tenax International SpA'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.

Tenax International SpA Days Sales Outstanding Chart

Tenax International SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

123.62

157.19

182.20

128.29

105.50

Tenax International SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					178.02	131.26	75.00	104.68	85.64

Competitive Comparison of Tenax International SpA's Days Sales Outstanding

For the Auto Manufacturers subindustry, Tenax International SpA'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.

Tenax International SpA's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenax International SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tenax International SpA's Days Sales Outstanding falls into.

Tenax International SpA 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.

Tenax International SpA'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
=	( (5.799	+	6.133)	/	2 )	/	20.641	*	365
=	5.966					/	20.641	*	365
=	105.50

Tenax International SpA'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
=	( (4.672	+	6.133)	/	2 )	/	11.513	*	365 / 2
=	5.4025					/	11.513	*	365 / 2
=	85.64

Tenax International SpA (MIL:TNX) Days Sales Outstanding Explanation

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

Tenax International SpA Days Sales Outstanding Related Terms

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Tenax International SpA (MIL:TNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tenax International SpA (MIL:TNX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Balduina 3, Rio Saliceto, ITA, 42010

Website

https://www.tenaxinternational.com

Tenax International SpA is engaged in designing and production of low-voltage electric road sweepers and street washers in Italy. The company also offers pre-owned street washers and road sweepers.

Tenax International SpA (MIL:TNX) Headlines

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