TOBAF (TAAT Global Alternatives) Days Sales Outstanding: 18.30 (As of Jul. 2024)

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TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Days Sales Outstanding?

TAAT Global Alternatives TOBAF 10 Days Sales Outstanding is 18.30 as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

TAAT Global Alternatives's average Accounts Receivable for the three months ended in Jul. 2024 was $3.53 Mil. TAAT Global Alternatives's Revenue for the three months ended in Jul. 2024 was $17.61 Mil. Hence, TAAT Global Alternatives's Days Sales Outstanding for the three months ended in Jul. 2024 was 18.30.

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

TOBAF's Days Sales Outstanding is not ranked *
in the Tobacco Products industry.
Industry Median: 36.67
* Ranked among companies with meaningful Days Sales Outstanding only.

TAAT Global Alternatives's Days Sales Outstanding increased from Jul. 2023 (16.46) to Jul. 2024 (18.30).


TAAT Global Alternatives  (OTCPK:TOBAF) Days Sales Outstanding Explanation

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


TAAT Global Alternatives Days Sales Outstanding Related Terms


TAAT Global Alternatives Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Days Sales Outstanding Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 99.03 135.63 26.58 16.72

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 16.46 17.65 18.29 18.94 18.30

TOBAF vs VPRB, XXII, CBDW: Days Sales Outstanding Comparison

For the Tobacco subindustry, TAAT Global Alternatives'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.


TAAT Global Alternatives Days Sales Outstanding vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's Days Sales Outstanding falls into.


TOBAF
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TAAT Global Alternatives Inc TOBAF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives 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.

TAAT Global Alternatives's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (3.029 + 3.294) / 2 ) / 69.007*365
=3.1615 / 69.007*365
=16.72

TAAT Global Alternatives's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding (Q: Jul. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2024 ) + Accounts Receivable (A: Jul. 2024 )) / count ) / Revenue (A: Jul. 2024 )*Days in Period
=( (3.417 + 3.646) / 2 ) / 17.605*365 / 4
=3.5315 / 17.605*365 / 4
=18.30

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 18.30 mean?
TAAT Global Alternatives (TOBAF) has a Days Sales Outstanding of 18.30 as of Jul. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Days Sales Outstanding too high?
TAAT Global Alternatives' current Days Sales Outstanding is 18.30. The Tobacco Products industry median Days Sales Outstanding is 36.67. TAAT Global Alternatives' value of 18.30 is 50.1% below this industry median. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Days Sales Outstanding compare to VPRB and XXII?
TAAT Global Alternatives' Days Sales Outstanding of 18.30 can be compared against companies in the Tobacco Products industry. The industry median Days Sales Outstanding is 36.67. TAAT Global Alternatives' value of 18.30 is 50.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Tobacco Products company?
The median Days Sales Outstanding among Tobacco Products companies is 36.67, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TAAT Global Alternatives's current Days Sales Outstanding of 18.30 is 50.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on TAAT Global Alternatives and its competitors. For the Tobacco Products industry, the median Days Sales Outstanding is 36.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAAT Global Alternatives's current Days Sales Outstanding is 18.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Days Sales Outstanding of 18.30. The current Days Sales Outstanding is 18.30 and 50.1% below the Tobacco Products industry median of 36.67. TAAT Global Alternatives' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For TAAT Global Alternatives (TOBAF), the current Days Sales Outstanding is 18.30 as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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