Tornado Global Hydrovacs (Tornado Global Hydrovacs) Days Sales Outstanding : 22.89 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Tornado Global Hydrovacs Days Sales Outstanding?

Tornado Global Hydrovacs's average Accounts Receivable for the three months ended in Dec. 2023 was $6.24 Mil. Tornado Global Hydrovacs's Revenue for the three months ended in Dec. 2023 was $24.86 Mil. Hence, Tornado Global Hydrovacs's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.89.

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

TGHLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.96 Med: 27.25 Max: 32.57
Current: 28.12

During the past 9 years, Tornado Global Hydrovacs's highest Days Sales Outstanding was 32.57. The lowest was 16.96. And the median was 27.25.

TGHLF's Days Sales Outstanding is ranked better than
90.87% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.235 vs TGHLF: 28.12

Tornado Global Hydrovacs's Days Sales Outstanding declined from Dec. 2022 (28.90) to Dec. 2023 (22.89).

Tornado Global Hydrovacs Days Sales Outstanding Historical Data

The historical data trend for Tornado Global Hydrovacs'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.

Tornado Global Hydrovacs Days Sales Outstanding Chart

Tornado Global Hydrovacs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

18.31

26.98

32.56

32.29

27.89

Tornado Global Hydrovacs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															28.90	34.16	31.12	27.18	22.89

Competitive Comparison of Tornado Global Hydrovacs's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Tornado Global Hydrovacs'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.

Tornado Global Hydrovacs's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tornado Global Hydrovacs's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tornado Global Hydrovacs's Days Sales Outstanding falls into.

Tornado Global Hydrovacs 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.

Tornado Global Hydrovacs'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
=	( (5.429	+	6.531)	/	2 )	/	78.271	*	365
=	5.98					/	78.271	*	365
=	27.89

Tornado Global Hydrovacs'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5.94	+	6.531)	/	2 )	/	24.859	*	365 / 4
=	6.2355					/	24.859	*	365 / 4
=	22.89

Tornado Global Hydrovacs (OTCPK:TGHLF) Days Sales Outstanding Explanation

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

Tornado Global Hydrovacs Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Tornado Global Hydrovacs's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Tornado Global Hydrovacs (Tornado Global Hydrovacs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tornado Global Hydrovacs Ltd (OTCPK:TGHLF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TGH:Canada

Address

7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6

Website

https://www.tghl.ca

Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.