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Western Pacific Trust Co (TSXV:WP) Days Sales Outstanding : 52.62 (As of Mar. 2024)


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What is Western Pacific Trust Co Days Sales Outstanding?

Western Pacific Trust Co's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.37 Mil. Western Pacific Trust Co's Revenue for the three months ended in Mar. 2024 was C$0.65 Mil. Hence, Western Pacific Trust Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.62.

The historical rank and industry rank for Western Pacific Trust Co's Days Sales Outstanding or its related term are showing as below:

TSXV:WP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.7   Med: 31.93   Max: 65.07
Current: 65.07

During the past 13 years, Western Pacific Trust Co's highest Days Sales Outstanding was 65.07. The lowest was 16.70. And the median was 31.93.

TSXV:WP's Days Sales Outstanding is ranked worse than
60% of 510 companies
in the Asset Management industry
Industry Median: 49.855 vs TSXV:WP: 65.07

Western Pacific Trust Co's Days Sales Outstanding increased from Mar. 2023 (49.02) to Mar. 2024 (52.62).


Western Pacific Trust Co Days Sales Outstanding Historical Data

The historical data trend for Western Pacific Trust Co'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.

Western Pacific Trust Co Days Sales Outstanding Chart

Western Pacific Trust Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.17 41.84 25.84 38.08 51.10

Western Pacific Trust Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.02 96.95 78.71 56.78 52.62

Competitive Comparison of Western Pacific Trust Co's Days Sales Outstanding

For the Asset Management subindustry, Western Pacific Trust Co'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.


Western Pacific Trust Co's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Pacific Trust Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Western Pacific Trust Co's Days Sales Outstanding falls into.



Western Pacific Trust Co 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.

Western Pacific Trust Co'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
=( (0.244 + 0.3) / 2 ) / 1.943*365
=0.272 / 1.943*365
=51.10

Western Pacific Trust Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (0.3 + 0.445) / 2 ) / 0.646*365 / 4
=0.3725 / 0.646*365 / 4
=52.62

* 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.


Western Pacific Trust Co  (TSXV:WP) Days Sales Outstanding Explanation

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


Western Pacific Trust Co Days Sales Outstanding Related Terms

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Western Pacific Trust Co (TSXV:WP) Business Description

Traded in Other Exchanges
N/A
Address
920-789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2
Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the Financial Services industry segment, and all operations are situated in Canada.
Executives
Garnett Cutler Director

Western Pacific Trust Co (TSXV:WP) Headlines

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