Titomic (Titomic) Days Sales Outstanding : 99.58 (As of Dec. 2023)

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What is Titomic Days Sales Outstanding?

Titomic's average Accounts Receivable for the six months ended in Dec. 2023 was $0.84 Mil. Titomic's Revenue for the six months ended in Dec. 2023 was $1.55 Mil. Hence, Titomic's Days Sales Outstanding for the six months ended in Dec. 2023 was 99.58.

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

TITMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.72 Med: 87.88 Max: 504.71
Current: 150.96

During the past 6 years, Titomic's highest Days Sales Outstanding was 504.71. The lowest was 47.72. And the median was 87.88.

TITMF's Days Sales Outstanding is ranked worse than
93.81% of 1519 companies
in the Chemicals industry
Industry Median: 63.58 vs TITMF: 150.96

Titomic's Days Sales Outstanding declined from Dec. 2022 (168.16) to Dec. 2023 (99.58).

Titomic Days Sales Outstanding Historical Data

The historical data trend for Titomic'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.

Titomic Days Sales Outstanding Chart

Titomic Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

190.85

507.35

80.60

47.85

83.05

Titomic Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								238.87	84.50	168.16	164.81	99.58

Competitive Comparison of Titomic's Days Sales Outstanding

For the Specialty Chemicals subindustry, Titomic'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.

Titomic's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Titomic's Days Sales Outstanding distribution charts can be found below:

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

Titomic 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.

Titomic'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
=	( (0.595	+	0.205)	/	2 )	/	1.758	*	365
=	0.4					/	1.758	*	365
=	83.05

Titomic'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
=	( (0.205	+	1.481)	/	2 )	/	1.545	*	365 / 2
=	0.843					/	1.545	*	365 / 2
=	99.58

Titomic (OTCPK:TITMF) Days Sales Outstanding Explanation

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

Titomic Days Sales Outstanding Related Terms

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Titomic (Titomic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Titomic Ltd (OTCPK:TITMF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

T04:Germany TTT:Australia

Address

365 Ferntree Gully Road, Ground Floor, Mount Waverley, VIC, AUS, 3149

Website

https://www.titomic.com

Titomic Ltd specializes in leveraging advanced materials and a new additive manufacturing technology. The company operates in three geographical segments; located in Australia, the USA, and the Netherlands. The company specializes in manufacturing and technology solutions for high-performance metal additive manufacturing, metal coatings, and repairs using its unique patented Titomic Kinetic Fusion cold spray technology with its principal activities in the global defense, aerospace, mining, energy, and transport industries.