Thunderbird Entertainment Group (Thunderbird Entertainment Group) Days Sales Outstanding : 17.37 (As of Dec. 2023)

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What is Thunderbird Entertainment Group Days Sales Outstanding?

Thunderbird Entertainment Group's average Accounts Receivable for the three months ended in Dec. 2023 was $6.3 Mil. Thunderbird Entertainment Group's Revenue for the three months ended in Dec. 2023 was $33.2 Mil. Hence, Thunderbird Entertainment Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.37.

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

THBRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.3 Med: 34.78 Max: 38.59
Current: 25.97

During the past 13 years, Thunderbird Entertainment Group's highest Days Sales Outstanding was 38.59. The lowest was 18.30. And the median was 34.78.

THBRF's Days Sales Outstanding is ranked better than
88.26% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.425 vs THBRF: 25.97

Thunderbird Entertainment Group's Days Sales Outstanding declined from Dec. 2022 (20.41) to Dec. 2023 (17.37).

Thunderbird Entertainment Group Days Sales Outstanding Historical Data

The historical data trend for Thunderbird Entertainment Group'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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Thunderbird Entertainment Group Days Sales Outstanding Chart

Thunderbird Entertainment Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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18.30

35.08

37.02

35.59

31.03

Thunderbird Entertainment Group 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															20.41	29.74	31.74	29.33	17.37

Competitive Comparison of Thunderbird Entertainment Group's Days Sales Outstanding

For the Entertainment subindustry, Thunderbird Entertainment Group'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.

Thunderbird Entertainment Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thunderbird Entertainment Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Thunderbird Entertainment Group's Days Sales Outstanding falls into.

Thunderbird Entertainment Group 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.

Thunderbird Entertainment Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (11.36	+	9.976)	/	2 )	/	125.493	*	365
=	10.668					/	125.493	*	365
=	31.03

Thunderbird Entertainment Group'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
=	( (5.986	+	6.654)	/	2 )	/	33.198	*	365 / 4
=	6.32					/	33.198	*	365 / 4
=	17.37

Thunderbird Entertainment Group (OTCPK:THBRF) Days Sales Outstanding Explanation

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

Thunderbird Entertainment Group Days Sales Outstanding Related Terms

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Thunderbird Entertainment Group (Thunderbird Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thunderbird Entertainment Group Inc (OTCPK:THBRF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

TBRD:Canada

Address

123 West 7th Avenue, Vancouver, BC, CAN, V5Y 1L8

Website

https://www.thunderbird.tv

Thunderbird Entertainment Group Inc is a multi-platform media company that develops, produces, and distributes film and television programming for the domestic and international markets. The company's programs cover multiple genres with a focus on kids and family entertainment, scripted comedy, drama, and factual non-scripted content. The company operates primarily through one operating segment being film and television production and distribution.