ME Group International (CHIX:MEGPL) Days Sales Outstanding : 15.40 (As of Oct. 2023)

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What is ME Group International Days Sales Outstanding?

ME Group International's average Accounts Receivable for the six months ended in Oct. 2023 was £13.0 Mil. ME Group International's Revenue for the six months ended in Oct. 2023 was £153.8 Mil. Hence, ME Group International's Days Sales Outstanding for the six months ended in Oct. 2023 was 15.40.

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

CHIX:MEGPl' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.78 Med: 16.08 Max: 17.75
Current: 13.01

During the past 13 years, ME Group International's highest Days Sales Outstanding was 17.75. The lowest was 6.78. And the median was 16.08.

CHIX:MEGPl's Days Sales Outstanding is ranked better than
98.38% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs CHIX:MEGPl: 13.01

ME Group International's Days Sales Outstanding declined from Oct. 2022 (15.83) to Oct. 2023 (15.40).

ME Group International Days Sales Outstanding Historical Data

The historical data trend for ME Group International'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.

ME Group International Days Sales Outstanding Chart

ME Group International Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Oct21

Oct22

Oct23

Days Sales Outstanding

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17.75

17.02

17.04

10.95

6.78

ME Group International Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Sales Outstanding	Get a 7-Day Free Trial															22.95	22.89	15.83	16.91	15.40

Competitive Comparison of ME Group International's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, ME Group International'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.

ME Group International's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ME Group International's Days Sales Outstanding distribution charts can be found below:

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

ME Group International 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.

ME Group International's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (5.878	+	5.188)	/	2 )	/	297.662	*	365
=	5.533					/	297.662	*	365
=	6.78

ME Group International's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding (Q: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (20.767	+	5.188)	/	2 )	/	153.84	*	365 / 2
=	12.9775					/	153.84	*	365 / 2
=	15.40

ME Group International (CHIX:MEGPl) Days Sales Outstanding Explanation

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

ME Group International Days Sales Outstanding Related Terms

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ME Group International (CHIX:MEGPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ME Group International PLC (CHIX:MEGPl) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PHTM.GB:UK MEGP:UK PHQ:Germany

Address

Blenheim Road, Unit 3B, Epsom, London, Surrey, GBR, KT19 9AP

Website

https://www.me-group.com

ME Group International PLC operates, sells and services a wide range of instant-service vending equipment, aimed at the consumer market. The group operates vending units across 20 countries and its technological innovation is focused on four principal areas namely Photobooths and integrated biometric identification solutions; Unattended laundry services and launderettes; High-quality digital printigg kiosks and Vending equipment for the food service market. Geographically, the company operates in UK & Republic of Ireland, Asia Pacific and Continental Europe, which is the majority revenue generator.

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