MTY Food Group (MTY Food Group) Days Sales Outstanding : 26.27 (As of Feb. 2024)

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What is MTY Food Group Days Sales Outstanding?

MTY Food Group's average Accounts Receivable for the three months ended in Feb. 2024 was $59.4 Mil. MTY Food Group's Revenue for the three months ended in Feb. 2024 was $206.4 Mil. Hence, MTY Food Group's Days Sales Outstanding for the three months ended in Feb. 2024 was 26.27.

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

MTYFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.03 Med: 40.67 Max: 52.32
Current: 26.05

During the past 13 years, MTY Food Group's highest Days Sales Outstanding was 52.32. The lowest was 25.03. And the median was 40.67.

MTYFF's Days Sales Outstanding is ranked worse than
81.71% of 339 companies
in the Restaurants industry
Industry Median: 11.62 vs MTYFF: 26.05

MTY Food Group's Days Sales Outstanding increased from Feb. 2023 (25.86) to Feb. 2024 (26.27).

MTY Food Group Days Sales Outstanding Historical Data

The historical data trend for MTY Food 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.

MTY Food Group Days Sales Outstanding Chart

MTY Food Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Sales Outstanding

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38.17

42.92

36.76

35.38

25.25

MTY Food Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															25.86	25.58	25.69	27.13	26.27

Competitive Comparison of MTY Food Group's Days Sales Outstanding

For the Restaurants subindustry, MTY Food 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.

MTY Food Group's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Days Sales Outstanding distribution charts can be found below:

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

MTY Food 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.

MTY Food Group's Days Sales Outstanding for the fiscal year that ended in Nov. 2023 is calculated as

	Days Sales Outstanding (A: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (57.496	+	60.552)	/	2 )	/	853.093	*	365
=	59.024					/	853.093	*	365
=	25.25

MTY Food Group's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (60.552	+	58.298)	/	2 )	/	206.403	*	365 / 4
=	59.425					/	206.403	*	365 / 4
=	26.27

MTY Food Group (OTCPK:MTYFF) Days Sales Outstanding Explanation

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

MTY Food Group Days Sales Outstanding Related Terms

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MTY Food Group (MTY Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

9MF:Germany MTY:Canada

Address

8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5

Website

https://www.mtygroup.com

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

MTY Food Group (MTY Food Group) Headlines

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