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TLF (Tandy Leather Factory) Days Sales Outstanding : 1.96 (As of Sep. 2024)


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What is Tandy Leather Factory Days Sales Outstanding?

Tandy Leather Factory's average Accounts Receivable for the three months ended in Sep. 2024 was $0.37 Mil. Tandy Leather Factory's Revenue for the three months ended in Sep. 2024 was $17.35 Mil. Hence, Tandy Leather Factory's Days Sales Outstanding for the three months ended in Sep. 2024 was 1.96.

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

TLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.52   Med: 2.2   Max: 3.03
Current: 1.68

During the past 13 years, Tandy Leather Factory's highest Days Sales Outstanding was 3.03. The lowest was 1.52. And the median was 2.20.

TLF's Days Sales Outstanding is ranked better than
93.95% of 1075 companies
in the Retail - Cyclical industry
Industry Median: 18.71 vs TLF: 1.68

Tandy Leather Factory's Days Sales Outstanding increased from Sep. 2023 (1.86) to Sep. 2024 (1.96).


Tandy Leather Factory Days Sales Outstanding Historical Data

The historical data trend for Tandy Leather Factory'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.

Tandy Leather Factory Days Sales Outstanding Chart

Tandy Leather Factory 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 1.99 2.16 2.13 2.24 1.52

Tandy Leather Factory Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.86 1.22 1.62 2.15 1.96

Competitive Comparison of Tandy Leather Factory's Days Sales Outstanding

For the Specialty Retail subindustry, Tandy Leather Factory'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.


Tandy Leather Factory's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tandy Leather Factory's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tandy Leather Factory's Days Sales Outstanding falls into.



Tandy Leather Factory 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.

Tandy Leather Factory'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
=( (0.37 + 0.264) / 2 ) / 76.229*365
=0.317 / 76.229*365
=1.52

Tandy Leather Factory's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (0.394 + 0.351) / 2 ) / 17.351*365 / 4
=0.3725 / 17.351*365 / 4
=1.96

* 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.


Tandy Leather Factory  (NAS:TLF) Days Sales Outstanding Explanation

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


Tandy Leather Factory Days Sales Outstanding Related Terms

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


Tandy Leather Factory Business Description

Traded in Other Exchanges
N/A
Address
1900 Southeast Loop 820, Fort Worth, TX, USA, 76140
Tandy Leather Factory Inc is a specialty retailers of leather and leathercraft-related items. Its primary line of business is the sale of leather, leather crafts, and related supplies. Its broad line of leather and related products includes leather, leatherworking tools, leather dyes and finishes, and do-it-yourself kits. Its products include Leather, tools, Hardware, Supplies, Kits, Books and Patterns, and Gift cards. The company sells its products primarily through company-owned stores and through orders generated from its global websites, and through direct account representatives in its commercial division. Geographically the company operates within the United States, Canada and others and generates the highest revenue from the United States.
Executives
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Holdings, Llc 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Janet A Carr director, officer: CEO 116 S PORTLAND AVENUE, BROOKLYN NY 11217
Jefferson Gramm 10 percent owner C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Shannon L Greene director, officer: CFO/TREASURER 3800 FALCON LAKE DRIVE, ARLINGTON TX 76016
Mark J Angus officer: SR VICE PRESIDENT 1900 SE LOOP 820, FORTH WORTH TX 76140
James C Pappas director 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
T Field Lange director 6300 RIDGLEA PLACE, #500, FORT WORTH TX 76116
Victoria Marie Cantrell director 2 BERRY LANE, RANDOLPH NJ 07869
Sejal Vinu Patel director 400 PARK AVENUE, 21ST FL, NEW YORK NY 10022
Beshore Brent Cornell director 315 N TENTH ST, COLUMBIA MO 65201
Sharon M Leite director 100 PIER 1 PLACE, FT. WORTH TX 76102
Joseph R Mannes director 4016 MCFARLIN BLVD, DALLAS TX 75205

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