Plus Tech Innovation PCL (BKK:PTECH) Days Sales Outstanding : 22.45 (As of Dec. 2023)

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What is Plus Tech Innovation PCL Days Sales Outstanding?

Plus Tech Innovation PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿92 Mil. Plus Tech Innovation PCL's Revenue for the three months ended in Dec. 2023 was ฿374 Mil. Hence, Plus Tech Innovation PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.45.

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

BKK:PTECH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.59 Med: 54.05 Max: 99.34
Current: 26.56

During the past 13 years, Plus Tech Innovation PCL's highest Days Sales Outstanding was 99.34. The lowest was 21.59. And the median was 54.05.

BKK:PTECH's Days Sales Outstanding is ranked better than
95.61% of 2958 companies
in the Industrial Products industry
Industry Median: 79.615 vs BKK:PTECH: 26.56

Plus Tech Innovation PCL's Days Sales Outstanding declined from Dec. 2022 (26.08) to Dec. 2023 (22.45).

Plus Tech Innovation PCL Days Sales Outstanding Historical Data

The historical data trend for Plus Tech Innovation PCL'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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Plus Tech Innovation PCL Days Sales Outstanding Chart

Plus Tech Innovation PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.00

88.10

55.28

26.94

21.59

Plus Tech Innovation PCL 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															26.08	26.88	31.59	30.71	22.45

Competitive Comparison of Plus Tech Innovation PCL's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Plus Tech Innovation PCL'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.

Plus Tech Innovation PCL's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plus Tech Innovation PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Plus Tech Innovation PCL's Days Sales Outstanding falls into.

Plus Tech Innovation PCL 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.

Plus Tech Innovation PCL's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (80.408	+	83.646)	/	2 )	/	1386.872	*	365
=	82.027					/	1386.872	*	365
=	21.59

Plus Tech Innovation PCL'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
=	( (100.297	+	83.646)	/	2 )	/	373.745	*	365 / 4
=	91.9715					/	373.745	*	365 / 4
=	22.45

Plus Tech Innovation PCL (BKK:PTECH) Days Sales Outstanding Explanation

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

Plus Tech Innovation PCL Days Sales Outstanding Related Terms

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Plus Tech Innovation PCL (BKK:PTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Plus Tech Innovation PCL (BKK:PTECH) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Poochao-Saming Prai Road, 41/1 Soi Wat Suan Som, Samrong Tai Subdistrict, Phra Pradaeng District, Samutprakarn, THA, 10130

Website

https://www.tbsp.co.th

Plus Tech Innovation PCL is a Thailand-based company engaged in the manufacturing of plastic cards and vending machines. The company's two operating segments include the Manufacturing of plastic cards and card personalization services; and Vending machines. It generates the majority of its revenue from the Vending machines segment. Geographically group mainly operates in Thailand and generates key revenue.

Plus Tech Innovation PCL (BKK:PTECH) Headlines

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