Transcontinental (TSX:TCL.B) Days Sales Outstanding : 60.42 (As of Jan. 2024)

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What is Transcontinental Days Sales Outstanding?

Transcontinental's average Accounts Receivable for the three months ended in Jan. 2024 was C$451 Mil. Transcontinental's Revenue for the three months ended in Jan. 2024 was C$680 Mil. Hence, Transcontinental's Days Sales Outstanding for the three months ended in Jan. 2024 was 60.42.

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

TSX:TCL.B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.57 Med: 60.34 Max: 71
Current: 61.76

During the past 13 years, Transcontinental's highest Days Sales Outstanding was 71.00. The lowest was 57.57. And the median was 60.34.

TSX:TCL.B's Days Sales Outstanding is ranked better than
60.58% of 378 companies
in the Packaging & Containers industry
Industry Median: 69.15 vs TSX:TCL.B: 61.76

Transcontinental's Days Sales Outstanding declined from Jan. 2023 (65.82) to Jan. 2024 (60.42).

Transcontinental Days Sales Outstanding Historical Data

The historical data trend for Transcontinental'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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Transcontinental Days Sales Outstanding Chart

Transcontinental Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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59.06

61.61

57.57

57.67

58.62

Transcontinental Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															65.82	64.72	67.22	55.74	60.42

Competitive Comparison of Transcontinental's Days Sales Outstanding

For the Packaging & Containers subindustry, Transcontinental'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.

Transcontinental's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Days Sales Outstanding distribution charts can be found below:

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

Transcontinental 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.

Transcontinental'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
=	( (496.6	+	447.9)	/	2 )	/	2940.6	*	365
=	472.25					/	2940.6	*	365
=	58.62

Transcontinental's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (447.9	+	453.1)	/	2 )	/	680.4	*	365 / 4
=	450.5					/	680.4	*	365 / 4
=	60.42

Transcontinental (TSX:TCL.B) Days Sales Outstanding Explanation

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

Transcontinental Days Sales Outstanding Related Terms

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Transcontinental (TSX:TCL.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (TSX:TCL.B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TCLCF:USA TCLAF:USA TCL.A:Canada

Address

1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1

Website

https://tctranscontinental.com

Transcontinental Inc or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. The smaller other segment focuses on the media sector, which generates revenue from print and digital publishing products.

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