MISTRAS Group (MISTRAS Group) Days Sales Outstanding : 67.46 (As of Dec. 2023)

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What is MISTRAS Group Days Sales Outstanding?

MISTRAS Group's average Accounts Receivable for the three months ended in Dec. 2023 was $134.6 Mil. MISTRAS Group's Revenue for the three months ended in Dec. 2023 was $182.1 Mil. Hence, MISTRAS Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.46.

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

MG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.52 Med: 69.44 Max: 75.03
Current: 65.4

During the past 13 years, MISTRAS Group's highest Days Sales Outstanding was 75.03. The lowest was 58.52. And the median was 69.44.

MG's Days Sales Outstanding is ranked worse than
58.75% of 1040 companies
in the Business Services industry
Industry Median: 58.575 vs MG: 65.40

MISTRAS Group's Days Sales Outstanding declined from Dec. 2022 (69.18) to Dec. 2023 (67.46).

MISTRAS Group Days Sales Outstanding Historical Data

The historical data trend for MISTRAS 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.

MISTRAS Group Days Sales Outstanding Chart

MISTRAS Group Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.32

75.03

58.52

61.91

66.36

MISTRAS Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															69.18	66.28	62.00	64.90	67.46

Competitive Comparison of MISTRAS Group's Days Sales Outstanding

For the Security & Protection Services subindustry, MISTRAS 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.

MISTRAS Group's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MISTRAS Group's Days Sales Outstanding distribution charts can be found below:

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

MISTRAS 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.

MISTRAS 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
=	( (123.657	+	132.847)	/	2 )	/	705.473	*	365
=	128.252					/	705.473	*	365
=	66.36

MISTRAS 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (136.363	+	132.847)	/	2 )	/	182.074	*	365 / 4
=	134.605					/	182.074	*	365 / 4
=	67.46

MISTRAS Group (NYSE:MG) Days Sales Outstanding Explanation

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

MISTRAS Group Days Sales Outstanding Related Terms

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MISTRAS Group (MISTRAS Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MISTRAS Group Inc (NYSE:MG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MIY:Germany

Address

195 Clarksville Road, Princeton Junction, NJ, USA, 08550

Website

https://www.mistrasgroup.com

MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are Service, International and Products and Systems, of which key revenue is derived from the Services segment. Services segment provides asset protection solutions predominantly in North America, with the large amount of concentration in the United States, followed by Canada, consisting of non-destructive testing, and inspection. The asset protection solutions include field inspections, consulting, maintenance, data management, access, monitoring and laboratory quality assurance.

Executives

Nicholas Debenedictis	director	GLATFELTER, 96 SOUTH GEORGE ST STE 420, YORK PA 17401
John Anthony Smith	officer: Executive Vice President	195 CLARKSVILLE RD, PRINCETON JUNCTION NJ 08550
Gennaro A. D'alterio	officer: EVP, Chief Commercial Officer	PO BOX 144, HARLEYSVILLE PA 19438
Sotirios Vahaviolos January 2023 2-year Grantor Retained Annuity Trust	10 percent owner	C/O MISTRAS GROUP, 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ 08550
Richard H Glanton	director	C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Manuel N. Stamatakis	director	C/O MISTRAS GROUP, INC., 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ 08550
Charles P Pizzi	director	C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Michelle Lohmeier	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
Dennis Bertolotti	officer: President and COO, Services	C/O MISTRAS GROUP, 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ 08550
James J Forese	director, 10 percent owner	C/O SFN GROUP INC, 2050 SPECTRUM BOULEVARD, FT. LAUDERDALE FL 33309
Wayne Curtis Weldon	director	4687 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
Sotirios J. Vahaviolos	director, 10 percent owner, officer: Chairman, President and CEO	C/O MISTRAS GROUP, INC., 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ 08550
Jonathan H Wolk	officer: EVP, Chief Financial Officer	3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Michael C Keefe	officer: EVP, General Counsel	C/O MISTRAS GROUP, 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ 08550
Edward J Prajzner	officer: Sr. VP, CFO and Treasurer	C/O TECHNITROL, INC., 1210 NORTHBROOK DRIVE, SUITE 470, TREVOSE PA 19053