Tess Holdings Co (Tess Holdings Co) Days Sales Outstanding : 23.60 (As of Dec. 2023)

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What is Tess Holdings Co Days Sales Outstanding?

Tess Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was $15.89 Mil. Tess Holdings Co's Revenue for the three months ended in Dec. 2023 was $61.45 Mil. Hence, Tess Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.60.

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

TSSHF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.71 Med: 44.34 Max: 54.37
Current: 30.81

During the past 5 years, Tess Holdings Co's highest Days Sales Outstanding was 54.37. The lowest was 27.71. And the median was 44.34.

TSSHF's Days Sales Outstanding is ranked better than
84.8% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.38 vs TSSHF: 30.81

Tess Holdings Co's Days Sales Outstanding declined from Dec. 2022 (33.77) to Dec. 2023 (23.60).

Tess Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Tess Holdings 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.

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Tess Holdings Co Days Sales Outstanding Chart

Tess Holdings Co Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

34.10

44.26

54.89

53.18

28.53

Tess Holdings Co Quarterly Data
	Jun19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										33.77	41.59	27.54	36.19	23.60

Competitive Comparison of Tess Holdings Co's Days Sales Outstanding

For the Utilities - Renewable subindustry, Tess Holdings 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.

Tess Holdings Co's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tess Holdings Co's Days Sales Outstanding distribution charts can be found below:

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

Tess Holdings 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.

Tess Holdings Co'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
=	( (20.901	+	17.155)	/	2 )	/	243.46	*	365
=	19.028					/	243.46	*	365
=	28.53

Tess Holdings Co'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
=	( (16.226	+	15.558)	/	2 )	/	61.445	*	365 / 4
=	15.892					/	61.445	*	365 / 4
=	23.60

Tess Holdings Co (OTCPK:TSSHF) Days Sales Outstanding Explanation

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

Tess Holdings Co Days Sales Outstanding Related Terms

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Tess Holdings Co (Tess Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tess Holdings Co Ltd (OTCPK:TSSHF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5074:Japan

Address

6-1-1 Nishinakajima, Yodogawa-ku, Shin-Osaka Prime Tower, Osaka, JPN, 532-0011

Website

https://www.tess-hd.co.jp

Tess Holdings Co Ltd is engaged in the development and electricity sales of renewable power plants and power retailing business. Further, it is also involved in the operation and maintenance of cogeneration and other environmental energy-saving systems.

Tess Holdings Co (Tess Holdings Co) Headlines

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