TSCC (Technology Solutions Co) Days Sales Outstanding: 0.00 (As of Dec. 2008)

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What is Technology Solutions Co Days Sales Outstanding?

Technology Solutions Co TSCC Days Sales Outstanding is 0.00 as of Dec. 2008.

Technology Solutions Co's average Accounts Receivable for the three months ended in Dec. 2008 was $0.74 Mil. Technology Solutions Co's Revenue for the three months ended in Dec. 2008 was $-0.20 Mil.

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

TSCC's Days Sales Outstanding is not ranked *
in the Software industry.
Industry Median: 60.64
* Ranked among companies with meaningful Days Sales Outstanding only.

Technology Solutions Co's Days Sales Outstanding declined from Dec. 2007 (22.39) to Dec. 2008 (0.00).

Technology Solutions Co  (OTCPK:TSCC) Days Sales Outstanding Explanation

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

Technology Solutions Co Days Sales Outstanding Related Terms

Technology Solutions Co Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Technology Solutions Co'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.

Technology Solutions Co Days Sales Outstanding Chart

Technology Solutions Co Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.88 58.67 63.43 77.24 116.47

Technology Solutions Co Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 22.39 53.39 113.90 60.88 0.00

TSCC vs SYSX: Days Sales Outstanding Comparison

For the Information Technology Services subindustry, Technology Solutions Co'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.

Technology Solutions Co Days Sales Outstanding vs Software Industry

For the Software industry and Technology sector, Technology Solutions Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Technology Solutions Co's Days Sales Outstanding falls into.


Technology Solutions Co 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.

Technology Solutions Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2008 is calculated as

Days Sales Outstanding (A: Dec. 2008 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2007 ) + Accounts Receivable (A: Dec. 2008 )) / count ) / Revenue (A: Dec. 2008 )*Days in Period
=( (3.513 + 0.509) / 2 ) / 6.302*365
=2.011 / 6.302*365
=116.47

Technology Solutions Co's Days Sales Outstanding for the quarter that ended in Dec. 2008 is calculated as:

Days Sales Outstanding (Q: Dec. 2008 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2008 ) + Accounts Receivable (A: Dec. 2008 )) / count ) / Revenue (A: Dec. 2008 )*Days in Period
=( (0.967 + 0.509) / 2 ) / -0.196*365 / 4
=0.738 / -0.196*365 / 4
=N/A

* 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 0.00 mean?
Technology Solutions Co (TSCC) has a Days Sales Outstanding of 0.00 as of Dec. 2008. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Technology Solutions Co and its competitors.
Is Technology Solutions Co's Days Sales Outstanding too high?
Technology Solutions Co's current Days Sales Outstanding is 0.00.
How does Technology Solutions Co's Days Sales Outstanding compare to SYSX?
Technology Solutions Co's Days Sales Outstanding of 0.00 can be compared against companies in the Software industry. The industry median Days Sales Outstanding is 60.64. 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 Software company?
The median Days Sales Outstanding among Software companies is 60.64, based on 2,763 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. 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 Technology Solutions Co and its competitors. For the Software industry, the median Days Sales Outstanding is 60.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology Solutions Co's current Days Sales Outstanding is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology Solutions Co stock overvalued right now?
Technology Solutions Co (TSCC) has a current Days Sales Outstanding of 0.00. The current Days Sales Outstanding is 0.00. 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 Technology Solutions Co (TSCC), the current Days Sales Outstanding is 0.00 as of Dec. 2008. 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.

Technology Solutions Co Business Description

Address 55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603
Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.