Multiply Group PJSC (ADX:MULTIPLY) Days Sales Outstanding : 151.29 (As of Dec. 2023)

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What is Multiply Group PJSC Days Sales Outstanding?

Multiply Group PJSC's average Accounts Receivable for the three months ended in Dec. 2023 was د.إ658 Mil. Multiply Group PJSC's Revenue for the three months ended in Dec. 2023 was د.إ397 Mil. Hence, Multiply Group PJSC's Days Sales Outstanding for the three months ended in Dec. 2023 was 151.29.

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

ADX:MULTIPLY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.74 Med: 108.62 Max: 167.99
Current: 145.77

During the past 6 years, Multiply Group PJSC's highest Days Sales Outstanding was 167.99. The lowest was 69.74. And the median was 108.62.

ADX:MULTIPLY's Days Sales Outstanding is ranked worse than
84.04% of 495 companies
in the Conglomerates industry
Industry Median: 61.68 vs ADX:MULTIPLY: 145.77

Multiply Group PJSC's Days Sales Outstanding increased from Dec. 2022 (89.37) to Dec. 2023 (151.29).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Multiply Group PJSC Days Sales Outstanding Historical Data

The historical data trend for Multiply Group PJSC'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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Multiply Group PJSC Days Sales Outstanding Chart

Multiply Group PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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109.50

131.30

69.74

107.73

167.99

Multiply Group PJSC Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											89.37	118.96	122.56	157.87	151.29

Competitive Comparison of Multiply Group PJSC's Days Sales Outstanding

For the Conglomerates subindustry, Multiply Group PJSC'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.

Multiply Group PJSC's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Multiply Group PJSC's Days Sales Outstanding distribution charts can be found below:

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

Multiply Group PJSC 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.

Multiply Group PJSC'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
=	( (526.128	+	664.862)	/	2 )	/	1293.883	*	365
=	595.495					/	1293.883	*	365
=	167.99

Multiply Group PJSC'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
=	( (650.2	+	664.862)	/	2 )	/	396.588	*	365 / 4
=	657.531					/	396.588	*	365 / 4
=	151.29

Multiply Group PJSC (ADX:MULTIPLY) Days Sales Outstanding Explanation

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

Multiply Group PJSC Days Sales Outstanding Related Terms

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Multiply Group PJSC (ADX:MULTIPLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Multiply Group PJSC (ADX:MULTIPLY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Marina Square, Level 19, Tamouh Tower, Reem Island, Abu Dhabi, ARE

Website

https://www.multiply.ae

Multiply Group PJSC is a technology-focused holding company with a presence across five industries, including communications, utilities, ventures, wellness, Driving training and Asset Management. The group's diversified portfolio strikes a balance between steady companies that generate recurring income and high-growth businesses. The company has its geographic presence in UAE and outside UAE.

Multiply Group PJSC (ADX:MULTIPLY) Headlines

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