Minth Group (FRA:M3I) Days Sales Outstanding : 80.30 (As of Dec. 2023)

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What is Minth Group Days Sales Outstanding?

Minth Group's average Accounts Receivable for the six months ended in Dec. 2023 was €609 Mil. Minth Group's Revenue for the six months ended in Dec. 2023 was €1,384 Mil. Hence, Minth Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 80.30.

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

FRA:M3I' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.22 Med: 89.67 Max: 109.18
Current: 84.22

During the past 13 years, Minth Group's highest Days Sales Outstanding was 109.18. The lowest was 84.22. And the median was 89.67.

FRA:M3I's Days Sales Outstanding is ranked worse than
75.69% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 59.96 vs FRA:M3I: 84.22

Minth Group's Days Sales Outstanding increased from Dec. 2022 (76.13) to Dec. 2023 (80.30).

Minth Group Days Sales Outstanding Historical Data

The historical data trend for Minth 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.

Minth Group Days Sales Outstanding Chart

Minth Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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88.97

98.14

106.43

104.47

85.68

Minth Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															94.96	108.64	76.13	89.91	80.30

Competitive Comparison of Minth Group's Days Sales Outstanding

For the Auto Parts subindustry, Minth 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.

Minth Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Minth Group's Days Sales Outstanding distribution charts can be found below:

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

Minth 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.

Minth 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
=	( (628.662	+	608.751)	/	2 )	/	2635.81	*	365
=	618.7065					/	2635.81	*	365
=	85.68

Minth 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (609.219	+	608.751)	/	2 )	/	1383.972	*	365 / 2
=	608.985					/	1383.972	*	365 / 2
=	80.30

Minth Group (FRA:M3I) Days Sales Outstanding Explanation

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

Minth Group Days Sales Outstanding Related Terms

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Minth Group (FRA:M3I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Minth Group Ltd (FRA:M3I) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MNTHY:USA MNTHF:USA 00425:Hong Kong M3I:Germany

Address

No. 1 Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006

Website

http://www.minthgroup.com

Minth Group Ltd is an investment holding company with its subsidiaries engaged in the design, manufacturing, processing, developing, and sales of automobile body parts and moulds for passenger cars. It operates in five segments: Aluminium, Plastic, Battery housing, Metal & Trim, and Others. Some of its products consist of trims, decorative parts, body-structural parts, seat frame systems, roof racks, and others. Its geographical operations are located in the PRC, the United States of America (the USA), Japan, Thailand, Germany, Serbia, and Mexico.

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