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Tredegar (Tredegar) Days Sales Outstanding : 36.95 (As of Dec. 2023)


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What is Tredegar Days Sales Outstanding?

Tredegar's average Accounts Receivable for the three months ended in Dec. 2023 was $68.6 Mil. Tredegar's Revenue for the three months ended in Dec. 2023 was $169.3 Mil. Hence, Tredegar's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.95.

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

TG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.12   Med: 39.93   Max: 50.51
Current: 40.27

During the past 13 years, Tredegar's highest Days Sales Outstanding was 50.51. The lowest was 36.12. And the median was 39.93.

TG's Days Sales Outstanding is ranked better than
89.31% of 2957 companies
in the Industrial Products industry
Industry Median: 79.33 vs TG: 40.27

Tredegar's Days Sales Outstanding declined from Dec. 2022 (46.34) to Dec. 2023 (36.95).


Tredegar Days Sales Outstanding Historical Data

The historical data trend for Tredegar'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.

Tredegar Days Sales Outstanding Chart

Tredegar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.60 42.07 41.37 36.12 39.06

Tredegar 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.34 41.20 43.03 40.92 36.95

Competitive Comparison of Tredegar's Days Sales Outstanding

For the Metal Fabrication subindustry, Tredegar'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.


Tredegar's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tredegar's Days Sales Outstanding distribution charts can be found below:

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



Tredegar 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.

Tredegar'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
=( (83.667 + 67.183) / 2 ) / 704.825*365
=75.425 / 704.825*365
=39.06

Tredegar'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
=( (69.945 + 67.183) / 2 ) / 169.344*365 / 4
=68.564 / 169.344*365 / 4
=36.95

* 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.


Tredegar  (NYSE:TG) Days Sales Outstanding Explanation

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


Tredegar Days Sales Outstanding Related Terms

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


Tredegar (Tredegar) Business Description

Traded in Other Exchanges
Address
1100 Boulders Parkway, Richmond, VA, USA, 23225
Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.
Executives
James T. Gottwald 10 percent owner 3600 RIVER ROAD WEST, GOOCHLAND VA 23063
Kevin Cyril Donnelly officer: Vice President and Secretary 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Michael Jay Schewel officer: Vice President and Secretary C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brickhouse Frasier W Ii other: Controller 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
John M Steitz director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
William M Gottwald director ALBERMARLE CORP, PO BOX 2189, RICHMOND VA 23218
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
A Brent King officer: Vice President and Secretary 4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060
Mary Jane Hellyar officer: Vice President 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Gottwald Floyd D Jr director 330 SOUTH FOURTH STREET, RICHMOND VA 23219
John D Gottwald director 207 WOOD ROAD, TREDEGAR CORP, 1100 BOULDERS PARKWAY VA 23225

Tredegar (Tredegar) Headlines

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