Titanium Oyj (OHEL:TITAN) Days Sales Outstanding : 1.18 (As of Dec. 2023)

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What is Titanium Oyj Days Sales Outstanding?

Titanium Oyj's average Accounts Receivable for the six months ended in Dec. 2023 was €0.08 Mil. Titanium Oyj's Revenue for the six months ended in Dec. 2023 was €12.42 Mil. Hence, Titanium Oyj's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.18.

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

OHEL:TITAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.71 Med: 38.18 Max: 49.39
Current: 1.13

During the past 9 years, Titanium Oyj's highest Days Sales Outstanding was 49.39. The lowest was 0.71. And the median was 38.18.

OHEL:TITAN's Days Sales Outstanding is ranked better than
97.64% of 509 companies
in the Asset Management industry
Industry Median: 49.11 vs OHEL:TITAN: 1.13

Titanium Oyj's Days Sales Outstanding declined from Dec. 2022 (39.91) to Dec. 2023 (1.18).

Titanium Oyj Days Sales Outstanding Historical Data

The historical data trend for Titanium Oyj'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.

Titanium Oyj Days Sales Outstanding Chart

Titanium Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.28

41.68

38.18

35.23

0.71

Titanium Oyj Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												35.97	38.43	39.91	1.49	1.18

Competitive Comparison of Titanium Oyj's Days Sales Outstanding

For the Asset Management subindustry, Titanium Oyj'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.

Titanium Oyj's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Titanium Oyj's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Titanium Oyj's Days Sales Outstanding falls into.

Titanium Oyj 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.

Titanium Oyj'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
=	( (0	+	0.05)	/	1 )	/	25.871	*	365
=	0.05					/	25.871	*	365
=	0.71

Titanium Oyj'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
=	( (0.11	+	0.05)	/	2 )	/	12.421	*	365 / 2
=	0.08					/	12.421	*	365 / 2
=	1.18

Titanium Oyj (OHEL:TITAN) Days Sales Outstanding Explanation

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

Titanium Oyj Days Sales Outstanding Related Terms

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Titanium Oyj (OHEL:TITAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Titanium Oyj (OHEL:TITAN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aleksanterinkatu 48 B, Helsinki, FIN, 00100

Website

https://www.titanium.fi

Titanium Oyj through its subsidiaries provides investment in real estate, mutual fund operations, asset management and insurance business.

Titanium Oyj (OHEL:TITAN) Headlines

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