TCFC Finance (BOM:532284) Days Sales Outstanding : 5.70 (As of Dec. 2023)

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What is TCFC Finance Days Sales Outstanding?

TCFC Finance's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0.41 Mil. TCFC Finance's Revenue for the three months ended in Dec. 2023 was ₹6.53 Mil. Hence, TCFC Finance's Days Sales Outstanding for the three months ended in Dec. 2023 was 5.70.

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

BOM:532284' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.05 Med: 3.39 Max: 475.68
Current: 270.48

During the past 13 years, TCFC Finance's highest Days Sales Outstanding was 475.68. The lowest was 0.05. And the median was 3.39.

BOM:532284's Days Sales Outstanding is ranked worse than
77.26% of 563 companies
in the Capital Markets industry
Industry Median: 65.71 vs BOM:532284: 270.48

TCFC Finance's Days Sales Outstanding declined from Dec. 2022 (22.75) to Dec. 2023 (5.70).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

TCFC Finance Days Sales Outstanding Historical Data

The historical data trend for TCFC Finance'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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TCFC Finance Days Sales Outstanding Chart

TCFC Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

40.35

40.58

4.46

475.68

TCFC Finance 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															22.75	284.87	2,656.29	5.48	5.70

Competitive Comparison of TCFC Finance's Days Sales Outstanding

For the Capital Markets subindustry, TCFC Finance'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.

TCFC Finance's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TCFC Finance's Days Sales Outstanding distribution charts can be found below:

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

TCFC Finance 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.

TCFC Finance's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.278	+	134.401)	/	2 )	/	51.671	*	365
=	67.3395					/	51.671	*	365
=	475.68

TCFC Finance'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
=	( (0.408	+	0)	/	1 )	/	6.534	*	365 / 4
=	0.408					/	6.534	*	365 / 4
=	5.70

TCFC Finance (BOM:532284) Days Sales Outstanding Explanation

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

TCFC Finance Days Sales Outstanding Related Terms

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TCFC Finance (BOM:532284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TCFC Finance Ltd (BOM:532284) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Press Journal Marg, 501-502, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021

Website

http://www.tcfcfinance.com

TCFC Finance Ltd is an India-based non-banking financial company. The company is engaged in the business of finance and investments and trading in equity shares, mutual funds, and securities. The company generates revenue from interest and dividend income.

TCFC Finance (BOM:532284) Headlines

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