MTN Group (MTN Group) Days Sales Outstanding : 45.89 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is MTN Group Days Sales Outstanding?

MTN Group's average Accounts Receivable for the six months ended in Dec. 2023 was $1,456 Mil. MTN Group's Revenue for the six months ended in Dec. 2023 was $5,788 Mil. Hence, MTN Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.89.

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

MTNOY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.77 Med: 37.95 Max: 88.5
Current: 38.64

During the past 13 years, MTN Group's highest Days Sales Outstanding was 88.50. The lowest was 26.77. And the median was 37.95.

MTNOY's Days Sales Outstanding is ranked better than
70.87% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.53 vs MTNOY: 38.64

MTN Group's Days Sales Outstanding increased from Dec. 2022 (44.00) to Dec. 2023 (45.89).

MTN Group Days Sales Outstanding Historical Data

The historical data trend for MTN 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.

MTN Group Days Sales Outstanding Chart

MTN Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

49.18

30.77

31.06

27.90

28.52

MTN Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															49.31	45.37	44.00	43.51	45.89

Competitive Comparison of MTN Group's Days Sales Outstanding

For the Telecom Services subindustry, MTN 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.

MTN Group's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Group's Days Sales Outstanding distribution charts can be found below:

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

MTN 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.

MTN Group'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
=	( (910.938	+	942.746)	/	2 )	/	11863.81	*	365
=	926.842					/	11863.81	*	365
=	28.52

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1968.386	+	942.746)	/	2 )	/	5788.341	*	365 / 2
=	1455.566					/	5788.341	*	365 / 2
=	45.89

MTN Group (OTCPK:MTNOY) Days Sales Outstanding Explanation

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

MTN Group Days Sales Outstanding Related Terms

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

MTN Group (MTN Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Group Ltd (OTCPK:MTNOY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MTN:South Africa MTNOF:USA LL6:Germany

Address

Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195

Website

https://www.mtn.com

MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. most of the company's revenue is earned in South Africa and Nigeria. The company also has a joint venture in Iran. From a product perspective, most of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Inter- connect and roaming, Digital and fintech and others.

MTN Group (MTN Group) Headlines

From GuruFocus

MTN awards multi-year IoT connectivity platform contract to Eseye

By PRNewswire • 09-18-2023

MTN Group: The Emerging Market Rally Is Just Getting Started

By Charles Sizemore Charles Sizemore • 03-28-2014

MTNOY – Traverse the Wilds of Africa for 2014′s Best Stock

By Charles Sizemore Charles Sizemore • 12-30-2013