Taiga Motors (Taiga Motors) Days Sales Outstanding : 12.13 (As of Mar. 2024)

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What is Taiga Motors Days Sales Outstanding?

Taiga Motors's average Accounts Receivable for the three months ended in Mar. 2024 was $0.50 Mil. Taiga Motors's Revenue for the three months ended in Mar. 2024 was $3.75 Mil. Hence, Taiga Motors's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.13.

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

TAIMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.32 Med: 27.32 Max: 81.59
Current: 81.59

During the past 7 years, Taiga Motors's highest Days Sales Outstanding was 81.59. The lowest was 27.32. And the median was 27.32.

TAIMF's Days Sales Outstanding is ranked worse than
72.84% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs TAIMF: 81.59

Taiga Motors's Days Sales Outstanding declined from Mar. 2023 (327.89) to Mar. 2024 (12.13).

Taiga Motors Days Sales Outstanding Historical Data

The historical data trend for Taiga Motors'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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Taiga Motors Days Sales Outstanding Chart

Taiga Motors Annual Data

Trend

May17

May18

May19

May20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.33

Taiga Motors Quarterly Data
	May18	May19	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														327.89	140.19	155.45	65.96	12.13

Competitive Comparison of Taiga Motors's Days Sales Outstanding

For the Recreational Vehicles subindustry, Taiga Motors'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.

Taiga Motors's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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

Taiga Motors 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.

Taiga Motors'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	+	0.9)	/	1 )	/	12.021	*	365
=	0.9					/	12.021	*	365
=	27.33

Taiga Motors'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
=	( (0.9	+	0.097)	/	2 )	/	3.751	*	365 / 4
=	0.4985					/	3.751	*	365 / 4
=	12.13

Taiga Motors (OTCPK:TAIMF) Days Sales Outstanding Explanation

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

Taiga Motors Days Sales Outstanding Related Terms

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Taiga Motors (Taiga Motors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Taiga Motors Corp (OTCPK:TAIMF) » Definitions » Days Sales Outstanding

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TAIG:Canada

Address

2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8

Website

https://www.taigamotors.com

Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.