Minerva (Minerva) Days Sales Outstanding : 31.93 (As of Dec. 2023)

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What is Minerva Days Sales Outstanding?

Minerva's average Accounts Receivable for the three months ended in Dec. 2023 was $440 Mil. Minerva's Revenue for the three months ended in Dec. 2023 was $1,258 Mil. Hence, Minerva's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.93.

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

MRVSY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.77 Med: 31.58 Max: 37.96
Current: 29.96

During the past 13 years, Minerva's highest Days Sales Outstanding was 37.96. The lowest was 16.77. And the median was 31.58.

MRVSY's Days Sales Outstanding is ranked better than
64.47% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs MRVSY: 29.96

Minerva's Days Sales Outstanding declined from Dec. 2022 (34.05) to Dec. 2023 (31.93).

Minerva Days Sales Outstanding Historical Data

The historical data trend for Minerva'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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Minerva Days Sales Outstanding Chart

Minerva Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.04

41.12

33.54

28.86

32.07

Minerva 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															34.05	32.89	25.54	26.16	31.93

Competitive Comparison of Minerva's Days Sales Outstanding

For the Farm Products subindustry, Minerva'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.

Minerva's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerva's Days Sales Outstanding distribution charts can be found below:

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

Minerva 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.

Minerva'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
=	( (474.233	+	490.239)	/	2 )	/	5488.307	*	365
=	482.236					/	5488.307	*	365
=	32.07

Minerva'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
=	( (390.335	+	490.239)	/	2 )	/	1258.422	*	365 / 4
=	440.287					/	1258.422	*	365 / 4
=	31.93

Minerva (OTCPK:MRVSY) Days Sales Outstanding Explanation

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

Minerva Days Sales Outstanding Related Terms

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Minerva (Minerva) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerva SA (OTCPK:MRVSY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

BEEF3:Brazil

Address

Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545

Website

https://www.minervafoods.com

Minerva SA produces and markets beef and other meat products out of South America. It exports processed meat products, leather, and live cattle internationally. Partnerships with ranchers are enhanced by ideas and information exchange through lectures and training. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.