Tier1 Technology (XMAD:TR1) Days Sales Outstanding : 114.41 (As of Jun. 2023)

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What is Tier1 Technology Days Sales Outstanding?

Tier1 Technology's average Accounts Receivable for the six months ended in Jun. 2023 was €6.80 Mil. Tier1 Technology's Revenue for the six months ended in Jun. 2023 was €10.85 Mil. Hence, Tier1 Technology's Days Sales Outstanding for the six months ended in Jun. 2023 was 114.41.

The historical rank and industry rank for Tier1 Technology's Days Sales Outstanding or its related term are showing as below:

XMAD:TR1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 108.86 Med: 123.32 Max: 228.81
Current: 228.81

During the past 7 years, Tier1 Technology's highest Days Sales Outstanding was 228.81. The lowest was 108.86. And the median was 123.32.

XMAD:TR1's Days Sales Outstanding is ranked worse than
91.79% of 2729 companies
in the Software industry
Industry Median: 61.8 vs XMAD:TR1: 228.81

Tier1 Technology's Days Sales Outstanding increased from Dec. 2021 (112.78) to Jun. 2023 (114.41).

Tier1 Technology Days Sales Outstanding Historical Data

The historical data trend for Tier1 Technology'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.

Tier1 Technology Days Sales Outstanding Chart

Tier1 Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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114.04

125.16

142.51

117.95

108.86

Tier1 Technology Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial									111.05	107.87	112.78	126.51	114.41

Competitive Comparison of Tier1 Technology's Days Sales Outstanding

For the Information Technology Services subindustry, Tier1 Technology'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.

Tier1 Technology's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Tier1 Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tier1 Technology's Days Sales Outstanding falls into.

Tier1 Technology 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.

Tier1 Technology'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
=	( (4.537	+	5.653)	/	2 )	/	17.083	*	365
=	5.095					/	17.083	*	365
=	108.86

Tier1 Technology's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (6.37	+	7.236)	/	2 )	/	10.852	*	365 / 2
=	6.803					/	10.852	*	365 / 2
=	114.41

Tier1 Technology (XMAD:TR1) Days Sales Outstanding Explanation

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

Tier1 Technology Days Sales Outstanding Related Terms

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Tier1 Technology (XMAD:TR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tier1 Technology SA (XMAD:TR1) » Definitions » Days Sales Outstanding

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V78:Germany

Address

C / Boabdil 6, Beds, Edificio Vega 7, Seville, ESP, 41900

Website

https://www.tier1.es

Tier1 Technology SA provides computer services. It is focused on the development of its software products. Tier1 builds IT solutions for business processes such as purchasing, sales, finance, logistics, asset management, and others.

Tier1 Technology (XMAD:TR1) Headlines

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