Texas Pacific Land Trust (TPL)
Days of sales outstanding (DSO)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | ||||
| DSO | days | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days Sales Outstanding (DSO) ratio for Texas Pacific Land Trust has not been provided in the table. DSO is typically calculated by dividing accounts receivable by average daily sales and then multiplying the result by the number of days in the period being measured.
Without the specific DSO figures, it is challenging to assess the efficiency of Texas Pacific Land Trust in collecting its accounts receivable. A lower DSO would indicate a quicker conversion of accounts receivable into cash, which is favorable for the company's liquidity and cash flow. Conversely, a higher DSO could suggest potential challenges in collecting outstanding payments, leading to a longer cash conversion cycle.
To perform a comprehensive analysis of Texas Pacific Land Trust's DSO trend and its implications, it would be necessary to obtain the actual DSO figures for the respective periods in the table and compare them over time. This analysis could offer insights into the company's effectiveness in managing its accounts receivable and its overall financial health.
See also:
Texas Pacific Land Trust Average Receivable Collection Period (Quarterly Data)