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Movado Group (Movado Group) Days Sales Outstanding : 60.96 (As of Jan. 2024)


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What is Movado Group Days Sales Outstanding?

Movado Group's average Accounts Receivable for the three months ended in Jan. 2024 was $120.0 Mil. Movado Group's Revenue for the three months ended in Jan. 2024 was $179.6 Mil. Hence, Movado Group's Days Sales Outstanding for the three months ended in Jan. 2024 was 60.96.

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

MOV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.98   Med: 45   Max: 56.89
Current: 56.89

During the past 13 years, Movado Group's highest Days Sales Outstanding was 56.89. The lowest was 41.98. And the median was 45.00.

MOV's Days Sales Outstanding is ranked worse than
80.74% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.72 vs MOV: 56.89

Movado Group's Days Sales Outstanding increased from Jan. 2023 (53.98) to Jan. 2024 (60.96).


Movado Group Days Sales Outstanding Historical Data

The historical data trend for Movado 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.

* Premium members only.

Movado Group Days Sales Outstanding Chart

Movado Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.29 55.98 41.98 45.11 53.93

Movado Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.98 59.29 54.01 56.24 60.96

Competitive Comparison of Movado Group's Days Sales Outstanding

For the Luxury Goods subindustry, Movado 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.


Movado Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Days Sales Outstanding distribution charts can be found below:

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



Movado 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.

Movado Group's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

Days Sales Outstanding (A: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (94.282 + 104.472) / 2 ) / 672.601*365
=99.377 / 672.601*365
=53.93

Movado Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding (Q: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (135.523 + 104.472) / 2 ) / 179.62*365 / 4
=119.9975 / 179.62*365 / 4
=60.96

* 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.


Movado Group  (NYSE:MOV) Days Sales Outstanding Explanation

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


Movado Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Movado Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Movado Group (Movado Group) Business Description

Traded in Other Exchanges
Address
650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
Executives
Sallie A Demarsilis officer: Chief Financial Officer 142 WEST 57TH ST, NEW YORK NY 10019
Linda Feeney officer: SVP, Principal Acct. Officer 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Michelle Kennedy officer: SVP, Human Resources 650 FROM ROAD, STE. 375, PARAMUS NJ 07652
Vivian Delia officer: SENIOR VP HUMAN RESOURCES C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Ann Kirschner director 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard D Isserman director C/O MOVADO GROUP, INC., 650 FROM ROAD, PARAMUS NJ 07652
Maya Peterson director C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Efraim Grinberg director, 10 percent owner, officer: President - CEO C/O MOVADO GROUP INC, 650 FROM RD, PARAMUS NJ 07652
Alexander Grinberg 10 percent owner 125 CHUBB AVE, LYNDHURST NJ 07071
Behzad Soltani officer: EVP,Commercial President & CTO 650 FROM ROAD, STE 375, PARAMUS NJ 07652-3556
Alan H Howard director
Sussis Mitchell Cole officer: Senior VP and General Counsel 6 YORKSHIRE DRIVE, MENDHAM NJ 07945
Stephen I Sadove director
Maurice S Reznik director C/O MAIDENFORM BRANDS, INC., 154 AVENUE E, BAYONNE NJ 07002
Richard Cote director, officer: Executive V.P. - COO