Mayfield Childcare (ASX:MFD) Days Sales Outstanding : 16.27 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Mayfield Childcare Days Sales Outstanding?

Mayfield Childcare's average Accounts Receivable for the six months ended in Dec. 2023 was A$3.64 Mil. Mayfield Childcare's Revenue for the six months ended in Dec. 2023 was A$40.85 Mil. Hence, Mayfield Childcare's Days Sales Outstanding for the six months ended in Dec. 2023 was 16.27.

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

ASX:MFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.85 Med: 10.54 Max: 82.16
Current: 14.82

During the past 8 years, Mayfield Childcare's highest Days Sales Outstanding was 82.16. The lowest was 7.85. And the median was 10.54.

ASX:MFD's Days Sales Outstanding is ranked better than
61.76% of 102 companies
in the Personal Services industry
Industry Median: 20.575 vs ASX:MFD: 14.82

Mayfield Childcare's Days Sales Outstanding increased from Dec. 2022 (12.03) to Dec. 2023 (16.27).

Mayfield Childcare Days Sales Outstanding Historical Data

The historical data trend for Mayfield Childcare'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.

Mayfield Childcare Days Sales Outstanding Chart

Mayfield Childcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

9.11

11.31

13.48

10.29

10.79

Mayfield Childcare Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										9.78	13.51	12.03	17.48	16.27

Competitive Comparison of Mayfield Childcare's Days Sales Outstanding

For the Personal Services subindustry, Mayfield Childcare'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.

Mayfield Childcare's Days Sales Outstanding Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mayfield Childcare's Days Sales Outstanding distribution charts can be found below:

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

Mayfield Childcare 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.

Mayfield Childcare'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
=	( (2.035	+	2.489)	/	2 )	/	76.508	*	365
=	2.262					/	76.508	*	365
=	10.79

Mayfield Childcare'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
=	( (4.796	+	2.489)	/	2 )	/	40.854	*	365 / 2
=	3.6425					/	40.854	*	365 / 2
=	16.27

Mayfield Childcare (ASX:MFD) Days Sales Outstanding Explanation

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

Mayfield Childcare Days Sales Outstanding Related Terms

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

Mayfield Childcare (ASX:MFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mayfield Childcare Ltd (ASX:MFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

207-213 Waverley Road, Suite 2, Ground Floor, Malvern East, VIC, AUS, 3145

Website

https://www.mayfieldchildcare.com.au

Mayfield Childcare Ltd provides a combination of care and education services for children. The company owns long day childcare centers located in and around metropolitan Melbourne. It continues to operate in one operating segment, as a long day childcare services provider.