Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Days Sales Outstanding : 23.88 (As of Dec. 2023)

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What is Motor Oil (Hellas) Corinth Refineries Days Sales Outstanding?

Motor Oil (Hellas) Corinth Refineries's average Accounts Receivable for the three months ended in Dec. 2023 was €876 Mil. Motor Oil (Hellas) Corinth Refineries's Revenue for the three months ended in Dec. 2023 was €3,348 Mil. Hence, Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.88.

The historical rank and industry rank for Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding or its related term are showing as below:

FRA:MHZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.28 Med: 19.5 Max: 27.03
Current: 23.86

During the past 13 years, Motor Oil (Hellas) Corinth Refineries's highest Days Sales Outstanding was 27.03. The lowest was 16.28. And the median was 19.50.

FRA:MHZ's Days Sales Outstanding is ranked better than
82.46% of 935 companies
in the Oil & Gas industry
Industry Median: 49.29 vs FRA:MHZ: 23.86

Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding declined from Dec. 2022 (32.59) to Dec. 2023 (23.88).

Motor Oil (Hellas) Corinth Refineries Days Sales Outstanding Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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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Motor Oil (Hellas) Corinth Refineries Days Sales Outstanding Chart

Motor Oil (Hellas) Corinth Refineries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.24

27.03

20.99

17.85

23.06

Motor Oil (Hellas) Corinth Refineries 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															32.59	24.74	29.92	19.85	23.88

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's Days Sales Outstanding falls into.

Motor Oil (Hellas) Corinth Refineries 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.

Motor Oil (Hellas) Corinth Refineries'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
=	( (881.023	+	801.503)	/	2 )	/	13316.742	*	365
=	841.263					/	13316.742	*	365
=	23.06

Motor Oil (Hellas) Corinth Refineries'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
=	( (951.093	+	801.503)	/	2 )	/	3347.876	*	365 / 4
=	876.298					/	3347.876	*	365 / 4
=	23.88

Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Days Sales Outstanding Explanation

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

Motor Oil (Hellas) Corinth Refineries Days Sales Outstanding Related Terms

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Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Motor Oil (Hellas) Corinth Refineries SA (FRA:MHZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MOHCY:USA MOH:Greece 0MQT:UK MHZ:Germany

Address

12A, Irodou Attikou Street, Maroussi, GRC, 151 24

Website

https://www.moh.gr

Motor Oil (Hellas) Corinth Refineries SA operates a series of ancillary plants and offsite facilities that make up its refinery business. Its operations can process crude oils of various characteristics and produce a full range of petroleum products, complying with myriad international specifications. It serves major petroleum marketing companies in Greece and internationally. Motor Oil Hellas' production ranges from light ends and gasoline to middle distillates, fuel, bitumen, and lubricants. The company is one of very few in its region that produces and packages lubricants. Its base oils and lubricants are approved by several prominent international organizations.

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