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Thai Future PCL (BKK:TFI) Days Sales Outstanding : 31.70 (As of Mar. 2024)


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What is Thai Future PCL Days Sales Outstanding?

Thai Future PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿70.3 Mil. Thai Future PCL's Revenue for the three months ended in Mar. 2024 was ฿202.3 Mil. Hence, Thai Future PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.70.

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

BKK:TFI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.32   Med: 44.1   Max: 6180.99
Current: 43.98

During the past 13 years, Thai Future PCL's highest Days Sales Outstanding was 6180.99. The lowest was 26.32. And the median was 44.10.

BKK:TFI's Days Sales Outstanding is ranked better than
83.38% of 379 companies
in the Packaging & Containers industry
Industry Median: 69.89 vs BKK:TFI: 43.98

Thai Future PCL's Days Sales Outstanding declined from Mar. 2023 (41.13) to Mar. 2024 (31.70).


Thai Future PCL Days Sales Outstanding Historical Data

The historical data trend for Thai Future 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.

* Premium members only.

Thai Future PCL Days Sales Outstanding Chart

Thai Future PCL 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 27.99 6,180.99 98.08 26.32 44.01

Thai Future PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.13 53.42 50.91 39.33 31.70

Competitive Comparison of Thai Future PCL's Days Sales Outstanding

For the Packaging & Containers subindustry, Thai Future 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.


Thai Future PCL's Days Sales Outstanding Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Thai Future PCL's Days Sales Outstanding falls into.



Thai Future 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.

Thai Future 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
=( (34.447 + 57.183) / 2 ) / 379.981*365
=45.815 / 379.981*365
=44.01

Thai Future PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (57.183 + 83.38) / 2 ) / 202.286*365 / 4
=70.2815 / 202.286*365 / 4
=31.70

* 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.


Thai Future PCL  (BKK:TFI) Days Sales Outstanding Explanation

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


Thai Future PCL Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Thai Future PCL's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Future PCL (BKK:TFI) Business Description

Traded in Other Exchanges
N/A
Address
73/3 Moo 4, Bangna-Trad Road, Km. 13, Bangchalong, Bangplee, Sumutprakarn, THA, 10540
Thai Future Inc PCL is engaged in the manufacturing of packaging film. The company's product consists of two types which include film type and end-use applications. Its film-type product includes biaxially oriented polypropylene films, cast polypropylene films, polyethylene terephthalate films, and metalized films to supply domestic and overseas export.. Its end-use applications consist of flexible packaging, publishing, flower wrap, adhesive tape, labels, textile bags, overwrap, fresh produce, and biodegradable. The company's operations are carried out in several geographical regions such as Thailand, Asia, Europe, America, and others where a majority of the revenue is generated from Thailand.

Thai Future PCL (BKK:TFI) Headlines

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