Ceconomy AG (Ceconomy AG) Days Sales Outstanding

: 23.27 (As of Dec. 2023)

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Ceconomy AG's average Accounts Receivable for the three months ended in Dec. 2023 was $1,942 Mil. Ceconomy AG's Revenue for the three months ended in Dec. 2023 was $7,616 Mil. Hence, Ceconomy AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.27.

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

MTAGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.45 Med: 25.05 Max: 40.96
Current: 27.8

During the past 13 years, Ceconomy AG's highest Days Sales Outstanding was 40.96. The lowest was 13.45. And the median was 25.05.

MTAGF's Days Sales Outstanding is ranked worse than
63.15% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.665 vs MTAGF: 27.80

Ceconomy AG's Days Sales Outstanding increased from Dec. 2022 (22.07) to Dec. 2023 (23.27).

Ceconomy AG Days Sales Outstanding Historical Data

The historical data trend for Ceconomy AG'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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Ceconomy AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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28.89

25.01

24.27

25.90

23.16

Ceconomy AG 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															22.07	29.19	28.50	24.50	23.27

Competitive Comparison

For the Specialty Retail subindustry, Ceconomy AG'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.

Ceconomy AG Days Sales Outstanding Distribution

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

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

Ceconomy AG 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.

Ceconomy AG's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1500	+	1512.273)	/	2 )	/	23737.46	*	365
=	1506.1365					/	23737.46	*	365
=	23.16

Ceconomy AG'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
=	( (1512.273	+	2371.865)	/	2 )	/	7616.14	*	365 / 4
=	1942.069					/	7616.14	*	365 / 4
=	23.27

Ceconomy AG (OTCPK:MTAGF) Days Sales Outstanding Explanation

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

Ceconomy AG Days Sales Outstanding Related Terms

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Ceconomy AG (Ceconomy AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ceconomy AG (OTCPK:MTAGF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MTTRY:USA 1CEC:Italy CECd:UK 0MPM:UK CEC:Germany CEC:Germany CEC:Germany CEC:Germany CEC:Austria

Address

Kaistrasse 3, Dusseldorf, NW, DEU, 40221

Website

https://www.ceconomy.de

Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.

Ceconomy AG (Ceconomy AG) Headlines

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