TAAT Global Alternatives (XCNQ:TAAT) Days Sales Outstanding : 16.62 (As of Jul. 2023)

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What is TAAT Global Alternatives Days Sales Outstanding?

TAAT Global Alternatives's average Accounts Receivable for the three months ended in Jul. 2023 was C$4.50 Mil. TAAT Global Alternatives's Revenue for the three months ended in Jul. 2023 was C$24.72 Mil. Hence, TAAT Global Alternatives's Days Sales Outstanding for the three months ended in Jul. 2023 was 16.62.

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

XCNQ:TAAT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.97 Med: 84.62 Max: 135.82
Current: 17.97

During the past 13 years, TAAT Global Alternatives's highest Days Sales Outstanding was 135.82. The lowest was 17.97. And the median was 84.62.

XCNQ:TAAT's Days Sales Outstanding is ranked better than
67.31% of 52 companies
in the Tobacco Products industry
Industry Median: 33.05 vs XCNQ:TAAT: 17.97

TAAT Global Alternatives's Days Sales Outstanding declined from Jul. 2022 (18.06) to Jul. 2023 (16.62).

TAAT Global Alternatives Days Sales Outstanding Historical Data

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.

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TAAT Global Alternatives Days Sales Outstanding Chart

TAAT Global Alternatives Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Days Sales Outstanding

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98.19

135.82

25.77

TAAT Global Alternatives Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Days Sales Outstanding	Get a 7-Day Free Trial															18.06	18.13	17.24	18.30	16.62

Competitive Comparison of TAAT Global Alternatives's Days Sales Outstanding

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's Days Sales Outstanding Distribution in the 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.

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. 2022 is calculated as

	Days Sales Outstanding (A: Oct. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2021 )	+	Accounts Receivable (A: Oct. 2022 ))	/	count )	/	Revenue (A: Oct. 2022 )	*	Days in Period
=	( (1.86	+	4.146)	/	2 )	/	42.536	*	365
=	3.003					/	42.536	*	365
=	25.77

TAAT Global Alternatives's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

	Days Sales Outstanding (Q: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (4.264	+	4.738)	/	2 )	/	24.717	*	365 / 4
=	4.501					/	24.717	*	365 / 4
=	16.62

TAAT Global Alternatives (XCNQ:TAAT) 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

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TAAT Global Alternatives (XCNQ:TAAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » TAAT Global Alternatives Inc (XCNQ:TAAT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TOBAF:USA 2TP0:Germany

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2

Website

https://www.taatglobal.com

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. The company generates the majority of its revenue from the tobacco products segment.

TAAT Global Alternatives (XCNQ:TAAT) Headlines

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