Minh Phu Seafood Group (STC:MPC) Days Sales Outstanding : 38.11 (As of Mar. 2024)

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What is Minh Phu Seafood Group Days Sales Outstanding?

Minh Phu Seafood Group's average Accounts Receivable for the three months ended in Mar. 2024 was ₫1,148,901 Mil. Minh Phu Seafood Group's Revenue for the three months ended in Mar. 2024 was ₫2,750,569 Mil. Hence, Minh Phu Seafood Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.11.

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

STC:MPC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.42 Med: 33.06 Max: 39.38
Current: 34.98

During the past 13 years, Minh Phu Seafood Group's highest Days Sales Outstanding was 39.38. The lowest was 22.42. And the median was 33.06.

STC:MPC's Days Sales Outstanding is ranked better than
56.58% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs STC:MPC: 34.98

Minh Phu Seafood Group's Days Sales Outstanding declined from Mar. 2023 (46.68) to Mar. 2024 (38.11).

Minh Phu Seafood Group Days Sales Outstanding Historical Data

The historical data trend for Minh Phu Seafood 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.

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Minh Phu Seafood Group Days Sales Outstanding Chart

Minh Phu Seafood Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.02

34.09

38.95

30.16

39.38

Minh Phu Seafood Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															46.68	37.09	33.80	32.31	38.11

Competitive Comparison of Minh Phu Seafood Group's Days Sales Outstanding

For the Packaged Foods subindustry, Minh Phu Seafood 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.

Minh Phu Seafood Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

Minh Phu Seafood 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.

Minh Phu Seafood 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
=	( (1237509.805	+	1080874.96)	/	2 )	/	10745324.414	*	365
=	1159192.3825					/	10745324.414	*	365
=	39.38

Minh Phu Seafood Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1080874.96	+	1216926.405)	/	2 )	/	2750568.887	*	365 / 4
=	1148900.6825					/	2750568.887	*	365 / 4
=	38.11

Minh Phu Seafood Group (STC:MPC) Days Sales Outstanding Explanation

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

Minh Phu Seafood Group Days Sales Outstanding Related Terms

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Minh Phu Seafood Group (STC:MPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minh Phu Seafood Group Corp (STC:MPC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MPC:Vietnam

Address

Industrial Zone, Ward 8, Ca Mau Province, Ca Mau, VNM

Website

http://www.minhphu.com

Minh Phu Seafood Group Corp is involved in the business of processing and exporting seafood. The company provides feeding shrimps, biological products, and commercial shrimps. The activity of the company is to process and trade in aquatic breeds and aquatic foods; and to trade in machinery and equipment for aquaculture. It operates in four business segments: aquaculture products breeding; aquatic products processing; aquatic products trading and Others.