Tongxin International (Tongxin International) Days Sales Outstanding : 40.10 (As of Dec. 2010)

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What is Tongxin International Days Sales Outstanding?

Tongxin International's average Accounts Receivable for the six months ended in Dec. 2010 was $11.70 Mil. Tongxin International's Revenue for the six months ended in Dec. 2010 was $106.46 Mil. Hence, Tongxin International's Days Sales Outstanding for the six months ended in Dec. 2010 was 20.05.

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

TXIC's Days Sales Outstanding is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 60.29
* Ranked among companies with meaningful Days Sales Outstanding only.

Tongxin International's Days Sales Outstanding declined from Dec. 2008 (68.31) to Dec. 2010 (40.10).

Tongxin International Days Sales Outstanding Historical Data

The historical data trend for Tongxin International'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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Tongxin International Days Sales Outstanding Chart

Tongxin International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec14

Days Sales Outstanding

Get a 7-Day Free Trial

97.78

68.31

35.21

40.10

83.13

Tongxin International Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec14
Days Sales Outstanding	Get a 7-Day Free Trial			97.78	68.31	35.21	40.10	83.13

Competitive Comparison of Tongxin International's Days Sales Outstanding

For the Auto Parts subindustry, Tongxin International'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.

Tongxin International's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tongxin International's Days Sales Outstanding distribution charts can be found below:

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

Tongxin International 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.

Tongxin International's Days Sales Outstanding for the fiscal year that ended in Dec. 2010 is calculated as

	Days Sales Outstanding (A: Dec. 2010 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2009 )	+	Accounts Receivable (A: Dec. 2010 ))	/	count )	/	Revenue (A: Dec. 2010 )	*	Days in Period
=	( (10.204	+	13.191)	/	2 )	/	106.461	*	365
=	11.6975					/	106.461	*	365
=	40.10

Tongxin International's Days Sales Outstanding for the quarter that ended in Dec. 2010 is calculated as:

	Days Sales Outstanding (Q: Dec. 2010 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2009 )	+	Accounts Receivable (A: Dec. 2010 ))	/	count )	/	Revenue (A: Dec. 2010 )	*	Days in Period
=	( (10.204	+	13.191)	/	2 )	/	106.461	*	365 / 2
=	11.6975					/	106.461	*	365 / 2
=	20.05

Tongxin International (OTCPK:TXIC) Days Sales Outstanding Explanation

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

Tongxin International Days Sales Outstanding Related Terms

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Tongxin International (Tongxin International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tongxin International Ltd (OTCPK:TXIC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135

Website

http://www.txicint.com

Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

Tongxin International (Tongxin International) Headlines

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