Tangiamo Touch Technology AB (OSTO:TANGI) Days Sales Outstanding : 1,041.95 (As of Sep. 2023)

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What is Tangiamo Touch Technology AB Days Sales Outstanding?

Tangiamo Touch Technology AB's average Accounts Receivable for the three months ended in Sep. 2023 was kr0.98 Mil. Tangiamo Touch Technology AB's Revenue for the three months ended in Sep. 2023 was kr0.09 Mil. Hence, Tangiamo Touch Technology AB's Days Sales Outstanding for the three months ended in Sep. 2023 was 1,041.95.

The historical rank and industry rank for Tangiamo Touch Technology AB's Days Sales Outstanding or its related term are showing as below:

OSTO:TANGI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.31 Med: 156.15 Max: 286.59
Current: 86.87

During the past 8 years, Tangiamo Touch Technology AB's highest Days Sales Outstanding was 286.59. The lowest was 45.31. And the median was 156.15.

OSTO:TANGI's Days Sales Outstanding is ranked worse than
88.07% of 805 companies
in the Travel & Leisure industry
Industry Median: 29.59 vs OSTO:TANGI: 86.87

Tangiamo Touch Technology AB's Days Sales Outstanding increased from Jun. 2022 (0.00) to Sep. 2023 (1,041.95).

Warning Sign:

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

Tangiamo Touch Technology AB Days Sales Outstanding Historical Data

The historical data trend for Tangiamo Touch Technology AB'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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Tangiamo Touch Technology AB Days Sales Outstanding Chart

Tangiamo Touch Technology AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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45.31

61.93

130.74

181.55

286.59

Tangiamo Touch Technology AB Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															-	819.64	38.51	86.20	1,041.95

Competitive Comparison of Tangiamo Touch Technology AB's Days Sales Outstanding

For the Gambling subindustry, Tangiamo Touch Technology AB'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.

Tangiamo Touch Technology AB's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tangiamo Touch Technology AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tangiamo Touch Technology AB's Days Sales Outstanding falls into.

Tangiamo Touch Technology AB 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.

Tangiamo Touch Technology AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (3.135	+	6.576)	/	2 )	/	6.184	*	365
=	4.8555					/	6.184	*	365
=	286.59

Tangiamo Touch Technology AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.988	+	0.976)	/	2 )	/	0.086	*	365 / 4
=	0.982					/	0.086	*	365 / 4
=	1,041.95

Tangiamo Touch Technology AB (OSTO:TANGI) Days Sales Outstanding Explanation

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

Tangiamo Touch Technology AB Days Sales Outstanding Related Terms

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Tangiamo Touch Technology AB (OSTO:TANGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tangiamo Touch Technology AB (OSTO:TANGI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5J7:Germany

Address

Marieholmsgatan 10C, Gothenburg, SWE, 415 02

Website

https://www.tangiamo.com

Tangiamo Touch Technology AB designs, develops and manufactures multi-player gaming systems for casinos and arcades, electronic. The company operates in touch technology, electronic table games, and online gaming. Its software allows players to play on the tables from mobiles and tablets, either within the casino.

Tangiamo Touch Technology AB (OSTO:TANGI) Headlines

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