Tat Seng Packaging Group (SGX:T12) Days Sales Outstanding : 86.42 (As of Dec. 2023)

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What is Tat Seng Packaging Group Days Sales Outstanding?

Tat Seng Packaging Group's average Accounts Receivable for the six months ended in Dec. 2023 was S$62.8 Mil. Tat Seng Packaging Group's Revenue for the six months ended in Dec. 2023 was S$132.5 Mil. Hence, Tat Seng Packaging Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 86.42.

The historical rank and industry rank for Tat Seng Packaging Group's Days Sales Outstanding or its related term are showing as below:

SGX:T12' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.51 Med: 78.49 Max: 120.09
Current: 87.76

During the past 13 years, Tat Seng Packaging Group's highest Days Sales Outstanding was 120.09. The lowest was 66.51. And the median was 78.49.

SGX:T12's Days Sales Outstanding is ranked worse than
71.35% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.1 vs SGX:T12: 87.76

Tat Seng Packaging Group's Days Sales Outstanding declined from Dec. 2022 (96.92) to Dec. 2023 (86.42).

Tat Seng Packaging Group Days Sales Outstanding Historical Data

The historical data trend for Tat Seng Packaging Group'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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Tat Seng Packaging Group Days Sales Outstanding Chart

Tat Seng Packaging Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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102.51

120.09

107.16

94.33

77.67

Tat Seng Packaging Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															106.75	115.58	96.92	99.51	86.42

Competitive Comparison of Tat Seng Packaging Group's Days Sales Outstanding

For the Packaging & Containers subindustry, Tat Seng Packaging Group'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.

Tat Seng Packaging Group's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tat Seng Packaging Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tat Seng Packaging Group's Days Sales Outstanding falls into.

Tat Seng Packaging Group 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.

Tat Seng Packaging Group'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
=	( (61.209	+	48.959)	/	2 )	/	258.868	*	365
=	55.084					/	258.868	*	365
=	77.67

Tat Seng Packaging Group'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
=	( (76.565	+	48.959)	/	2 )	/	132.534	*	365 / 2
=	62.762					/	132.534	*	365 / 2
=	86.42

Tat Seng Packaging Group (SGX:T12) Days Sales Outstanding Explanation

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

Tat Seng Packaging Group Days Sales Outstanding Related Terms

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Tat Seng Packaging Group (SGX:T12) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Tat Seng Packaging Group Ltd (SGX:T12) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Senoko Drive, Singapore, SGP, 758214

Website

http://www.tspg.sg

Tat Seng Packaging Group Ltd is engaged in manufacturing and sales of corrugated paper products and other packaging products. The company designs, manufactures and sells corrugated paper packaging products for the packing of a diverse range of products according to customers' specifications. Its key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products. It also carries and sells a range of other packaging related products. Its segments include Singapore and PRC with majority of the revenue deriving from PRC.

Tat Seng Packaging Group (SGX:T12) Headlines

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