GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Macquarie Group Ltd (OTCPK:MQBKY) » Definitions » Days Sales Outstanding

Macquarie Group (Macquarie Group) Days Sales Outstanding : 413.90 (As of Sep. 2023)


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

What is Macquarie Group Days Sales Outstanding?

Macquarie Group's average Accounts Receivable for the six months ended in Sep. 2023 was $4,546 Mil. Macquarie Group's Revenue for the six months ended in Sep. 2023 was $2,004 Mil. Hence, Macquarie Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 413.90.

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

MQBKY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 162.57   Med: 278.2   Max: 447.23
Current: 274.56

During the past 13 years, Macquarie Group's highest Days Sales Outstanding was 447.23. The lowest was 162.57. And the median was 278.20.

MQBKY's Days Sales Outstanding is ranked worse than
77.78% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs MQBKY: 274.56

Macquarie Group's Days Sales Outstanding increased from Sep. 2022 (212.06) to Sep. 2023 (413.90).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Macquarie Group Days Sales Outstanding Historical Data

The historical data trend for Macquarie Group'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.

Macquarie Group Days Sales Outstanding Chart

Macquarie Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 212.92 200.78 166.13 287.49

Macquarie Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 164.39 169.32 212.06 352.47 413.90

Competitive Comparison of Macquarie Group's Days Sales Outstanding

For the Capital Markets subindustry, Macquarie Group'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.

Macquarie Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Macquarie Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Macquarie Group's Days Sales Outstanding falls into.


Macquarie Group 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.

Macquarie Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (2350.295 + 4546.061) / 2 ) / 4377.837*365
=3448.178 / 4377.837*365
=287.49

Macquarie Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (4546.061 + 0) / 1 ) / 2004.499*365 / 2
=4546.061 / 2004.499*365 / 2
=413.90

* 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.

Macquarie Group  (OTCPK:MQBKY) Days Sales Outstanding Explanation

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

Macquarie Group Days Sales Outstanding Related Terms

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

Macquarie Group (Macquarie Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Macquarie Group Ltd (OTCPK:MQBKY) » Definitions » Days Sales Outstanding
Comparable Companies
ASX:CPU ASX:SOL ASX:NWL ASX:HUB ASX:LNK ASX:WHF ASX:BFG ASX:OFX ASX:COG ASX:PPS MS GS SCHW SHSE:600030 BSP:BPAC3 RJF TW SHSE:601066 LPLA TSE:8604
Traded in Other Exchanges
MCQEF:USA 4M4:Germany MQGPF.PFD:Australia MQGPE.PFD:Australia MQGPD.PFD:Australia MQGPC.PFD:Australia MQGPB.PFD:Australia MQG:Australia
Address
50 Martin Place, Level 6, Sydney, NSW, AUS, 2000
Website
https://www.macquarie.com.au
Macquarie Group began trading in 1969 as Hill Samuel Australia, obtained its bank licence in 1985, and listed in 1996. It's Australia's only sizable listed investment bank, now internationally diversified, operating in asset management, banking and wealth, risk and capital solutions, and advisory.