Metro (MTRAF) Days Sales Outstanding : 15.24 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Metro Days Sales Outstanding?

Metro's average Accounts Receivable for the three months ended in Mar. 2024 was $574 Mil. Metro's Revenue for the three months ended in Mar. 2024 was $3,439 Mil. Hence, Metro's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.24.

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

MTRAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.52 Med: 11.61 Max: 13.19
Current: 12.79

During the past 13 years, Metro's highest Days Sales Outstanding was 13.19. The lowest was 8.52. And the median was 11.61.

MTRAF's Days Sales Outstanding is ranked better than
61.24% of 307 companies
in the Retail - Defensive industry
Industry Median: 23.76 vs MTRAF: 12.79

Metro's Days Sales Outstanding increased from Mar. 2023 (14.65) to Mar. 2024 (15.24).

Metro Days Sales Outstanding Historical Data

The historical data trend for Metro'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.

Metro Days Sales Outstanding Chart

Metro Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

Get a 7-Day Free Trial

12.60

12.70

12.92

13.48

12.49

Metro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															14.65	9.97	13.29	14.33	15.24

Competitive Comparison of Metro's Days Sales Outstanding

For the Grocery Stores subindustry, Metro'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.

Metro's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Days Sales Outstanding distribution charts can be found below:

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

Metro 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.

Metro's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (510.008	+	538.246)	/	2 )	/	15316.385	*	365
=	524.127					/	15316.385	*	365
=	12.49

Metro's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (626.193	+	522.606)	/	2 )	/	3439.347	*	365 / 4
=	574.3995					/	3439.347	*	365 / 4
=	15.24

Metro (OTCPK:MTRAF) Days Sales Outstanding Explanation

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

Metro Days Sales Outstanding Related Terms

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

Metro (MTRAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (OTCPK:MTRAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

62M:Germany MRU:Canada

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

Metro (MTRAF) Headlines

From GuruFocus

Metro Inc's Dividend Analysis

By GuruFocus Research • 10-26-2023

3 Canadian Companies to Consider in Wake of Trade Deal

By Sydnee Gatewood Sydnee Gatewood • 10-01-2018

Staying Close to Home

By Gordon Pape Gordon Pape • 08-27-2012