Mangels Industrial (BSP:MGEL3) Days Sales Outstanding : 43.71 (As of Dec. 2023)

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What is Mangels Industrial Days Sales Outstanding?

Mangels Industrial's average Accounts Receivable for the three months ended in Dec. 2023 was R$101.1 Mil. Mangels Industrial's Revenue for the three months ended in Dec. 2023 was R$211.1 Mil. Hence, Mangels Industrial's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.71.

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

BSP:MGEL3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.42 Med: 30.86 Max: 42.27
Current: 42.27

During the past 13 years, Mangels Industrial's highest Days Sales Outstanding was 42.27. The lowest was 28.42. And the median was 30.86.

BSP:MGEL3's Days Sales Outstanding is ranked better than
57.33% of 600 companies
in the Steel industry
Industry Median: 49.315 vs BSP:MGEL3: 42.27

Mangels Industrial's Days Sales Outstanding declined from Dec. 2022 (44.44) to Dec. 2023 (43.71).

Mangels Industrial Days Sales Outstanding Historical Data

The historical data trend for Mangels Industrial'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.

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Mangels Industrial Days Sales Outstanding Chart

Mangels Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.89

40.77

28.42

29.64

37.52

Mangels Industrial 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															44.44	42.10	44.41	43.61	43.71

Competitive Comparison of Mangels Industrial's Days Sales Outstanding

For the Steel subindustry, Mangels Industrial'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.

Mangels Industrial's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mangels Industrial's Days Sales Outstanding distribution charts can be found below:

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

Mangels Industrial 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.

Mangels Industrial'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
=	( (98.011	+	92.757)	/	2 )	/	927.871	*	365
=	95.384					/	927.871	*	365
=	37.52

Mangels Industrial'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
=	( (109.472	+	92.757)	/	2 )	/	211.106	*	365 / 4
=	101.1145					/	211.106	*	365 / 4
=	43.71

Mangels Industrial (BSP:MGEL3) Days Sales Outstanding Explanation

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

Mangels Industrial Days Sales Outstanding Related Terms

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Mangels Industrial (BSP:MGEL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangels Industrial SA (BSP:MGEL3) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

MGEL4:Brazil

Address

Rua Verbo Divino 1488, 6º andar, Cj.61A e 64D, Chácara Santo, Antonio, Sao Paulo, SP, BRA, 04719904

Website

http://www.mangels.com.br

Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.

Mangels Industrial (BSP:MGEL3) Headlines

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