Strip Tinning Holdings (LSE:STG) Days Sales Outstanding : 81.03 (As of Dec. 2023)

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What is Strip Tinning Holdings Days Sales Outstanding?

Strip Tinning Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was £2.30 Mil. Strip Tinning Holdings's Revenue for the six months ended in Dec. 2023 was £5.18 Mil. Hence, Strip Tinning Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 81.03.

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

LSE:STG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.05 Med: 76.79 Max: 101.78
Current: 81.94

During the past 7 years, Strip Tinning Holdings's highest Days Sales Outstanding was 101.78. The lowest was 59.05. And the median was 76.79.

LSE:STG's Days Sales Outstanding is ranked worse than
73.23% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.345 vs LSE:STG: 81.94

Strip Tinning Holdings's Days Sales Outstanding increased from Dec. 2022 (79.63) to Dec. 2023 (81.03).

Strip Tinning Holdings Days Sales Outstanding Historical Data

The historical data trend for Strip Tinning Holdings'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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Strip Tinning Holdings Days Sales Outstanding Chart

Strip Tinning Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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64.10

76.18

77.40

101.78

82.00

Strip Tinning Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					96.40	100.85	79.63	82.72	81.03

Competitive Comparison of Strip Tinning Holdings's Days Sales Outstanding

For the Auto Parts subindustry, Strip Tinning Holdings'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.

Strip Tinning Holdings's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strip Tinning Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Strip Tinning Holdings's Days Sales Outstanding falls into.

Strip Tinning Holdings 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.

Strip Tinning Holdings'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
=	( (2.691	+	2.173)	/	2 )	/	10.826	*	365
=	2.432					/	10.826	*	365
=	82.00

Strip Tinning Holdings'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.427	+	2.173)	/	2 )	/	5.18	*	365 / 2
=	2.3					/	5.18	*	365 / 2
=	81.03

Strip Tinning Holdings (LSE:STG) Days Sales Outstanding Explanation

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

Strip Tinning Holdings Days Sales Outstanding Related Terms

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Strip Tinning Holdings (LSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA

Website

https://www.striptinning.com

Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.