TI Fluid Systems (LSE:TIFS) Days Sales Outstanding : 62.30 (As of Dec. 2023)

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What is TI Fluid Systems Days Sales Outstanding?

TI Fluid Systems's average Accounts Receivable for the six months ended in Dec. 2023 was £514 Mil. TI Fluid Systems's Revenue for the six months ended in Dec. 2023 was £1,506 Mil. Hence, TI Fluid Systems's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.30.

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

LSE:TIFS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57 Med: 62.25 Max: 69.57
Current: 60.34

During the past 10 years, TI Fluid Systems's highest Days Sales Outstanding was 69.57. The lowest was 57.00. And the median was 62.25.

LSE:TIFS's Days Sales Outstanding is ranked worse than
50.08% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs LSE:TIFS: 60.34

TI Fluid Systems's Days Sales Outstanding increased from Dec. 2022 (60.85) to Dec. 2023 (62.30).

TI Fluid Systems Days Sales Outstanding Historical Data

The historical data trend for TI Fluid Systems'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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TI Fluid Systems Days Sales Outstanding Chart

TI Fluid Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.54

69.57

67.29

58.66

57.00

TI Fluid Systems Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											66.21	65.58	60.85	61.62	62.30

Competitive Comparison of TI Fluid Systems's Days Sales Outstanding

For the Auto Parts subindustry, TI Fluid Systems'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.

TI Fluid Systems's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TI Fluid Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TI Fluid Systems's Days Sales Outstanding falls into.

TI Fluid Systems 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.

TI Fluid Systems'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
=	( (471.292	+	474.862)	/	2 )	/	3029.224	*	365
=	473.077					/	3029.224	*	365
=	57.00

TI Fluid Systems'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
=	( (553.285	+	474.862)	/	2 )	/	1505.997	*	365 / 2
=	514.0735					/	1505.997	*	365 / 2
=	62.30

TI Fluid Systems (LSE:TIFS) Days Sales Outstanding Explanation

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

TI Fluid Systems Days Sales Outstanding Related Terms

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TI Fluid Systems (LSE:TIFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TI Fluid Systems PLC (LSE:TIFS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

TIFSl:UK TI1:Germany

Address

4650 Kingsgate, Cascade Way, Oxford Business Park South, Oxford, Oxfordshire, GBR, OX4 2SU

Website

https://www.tifluidsystems.com

TI Fluid Systems PLC is engaged in providing automotive fluid storage, carrying, and delivery systems for the light-duty automotive market. The operating segments of the company are fluid-carrying systems and fuel tank & delivery systems. The fluid-carrying systems include brake and fuel lines and bundles, tank top lines, vacuum booster lines, quick connectors, air conditioning tubes, and hose assemblies, accumulators and receiver dryers, and thermal products and powertrain components. The fuel tank and delivery systems include fuel tanks, fuel pumps, level sensors, and additive dosing systems. Its geographical segments are Europe & Africa, Asia Pacific, North America, and Latin America.

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