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TIM (TIMB) Days Sales Outstanding : 54.70 (As of Sep. 2023)


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What is TIM Days Sales Outstanding?

TIM's average Accounts Receivable for the three months ended in Sep. 2023 was $735 Mil. TIM's Revenue for the three months ended in Sep. 2023 was $1,226 Mil. Hence, TIM's Days Sales Outstanding for the three months ended in Sep. 2023 was 54.70.

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

TIMB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.66   Med: 64.45   Max: 68.09
Current: 52.66

During the past 13 years, TIM's highest Days Sales Outstanding was 68.09. The lowest was 52.66. And the median was 64.45.

TIMB's Days Sales Outstanding is ranked better than
53.81% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.4 vs TIMB: 52.66

TIM's Days Sales Outstanding declined from Sep. 2022 (56.84) to Sep. 2023 (54.70).


TIM Days Sales Outstanding Historical Data

The historical data trend for TIM'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.

* Premium members only.

TIM Days Sales Outstanding Chart

TIM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.96 74.44 64.90 53.11 48.94

TIM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 53.22 54.93 52.37 54.70 -

Competitive Comparison of TIM's Days Sales Outstanding

For the Telecom Services subindustry, TIM'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.


TIM's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TIM's Days Sales Outstanding distribution charts can be found below:

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



TIM 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.

TIM's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (542.345 + 652.208) / 2 ) / 4104.701*365
=597.2765 / 4104.701*365
=53.11

TIM's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (735.048 + 0) / 1 ) / 1226.096*365 / 4
=735.048 / 1226.096*365 / 4
=54.70

* 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.


TIM  (NYSE:TIMB) Days Sales Outstanding Explanation

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


TIM Days Sales Outstanding Related Terms

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TIM (TIMB) Business Description

Traded in Other Exchanges
Address
Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057
TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.