1933 Industries (XCNQ:TGIF) Days Sales Outstanding : 45.35 (As of Jan. 2024)

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What is 1933 Industries Days Sales Outstanding?

1933 Industries's average Accounts Receivable for the three months ended in Jan. 2024 was C$2.36 Mil. 1933 Industries's Revenue for the three months ended in Jan. 2024 was C$4.75 Mil. Hence, 1933 Industries's Days Sales Outstanding for the three months ended in Jan. 2024 was 45.35.

The historical rank and industry rank for 1933 Industries's Days Sales Outstanding or its related term are showing as below:

XCNQ:TGIF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.48 Med: 30.75 Max: 41.95
Current: 41.95

During the past 13 years, 1933 Industries's highest Days Sales Outstanding was 41.95. The lowest was 16.48. And the median was 30.75.

XCNQ:TGIF's Days Sales Outstanding is ranked better than
77.88% of 999 companies
in the Drug Manufacturers industry
Industry Median: 72.57 vs XCNQ:TGIF: 41.95

1933 Industries's Days Sales Outstanding increased from Jan. 2023 (43.58) to Jan. 2024 (45.35).

1933 Industries Days Sales Outstanding Historical Data

The historical data trend for 1933 Industries'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.

1933 Industries Days Sales Outstanding Chart

1933 Industries Annual Data

Trend

Dec14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

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30.75

36.70

22.49

31.02

35.57

1933 Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															43.58	46.29	40.79	37.95	45.35

Competitive Comparison of 1933 Industries's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, 1933 Industries'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.

1933 Industries's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1933 Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 1933 Industries's Days Sales Outstanding falls into.

1933 Industries 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.

1933 Industries's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (1.335	+	2.226)	/	2 )	/	18.273	*	365
=	1.7805					/	18.273	*	365
=	35.57

1933 Industries's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (2.361	+	2.355)	/	2 )	/	4.745	*	365 / 4
=	2.358					/	4.745	*	365 / 4
=	45.35

1933 Industries (XCNQ:TGIF) Days Sales Outstanding Explanation

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

1933 Industries Days Sales Outstanding Related Terms

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1933 Industries (XCNQ:TGIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1933 Industries Inc (XCNQ:TGIF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TGIFF:USA

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.1933industries.com

1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.