Mdf Commerce (TSX:MDF) Days Sales Outstanding : 32.17 (As of Dec. 2023)

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What is Mdf Commerce Days Sales Outstanding?

Mdf Commerce's average Accounts Receivable for the three months ended in Dec. 2023 was C$10.6 Mil. Mdf Commerce's Revenue for the three months ended in Dec. 2023 was C$30.2 Mil. Hence, Mdf Commerce's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.17.

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

TSX:MDF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.18 Med: 32.47 Max: 38.05
Current: 35.59

During the past 13 years, Mdf Commerce's highest Days Sales Outstanding was 38.05. The lowest was 27.18. And the median was 32.47.

TSX:MDF's Days Sales Outstanding is ranked better than
81.36% of 2726 companies
in the Software industry
Industry Median: 62.175 vs TSX:MDF: 35.59

Mdf Commerce's Days Sales Outstanding increased from Dec. 2022 (31.88) to Dec. 2023 (32.17).

Mdf Commerce Days Sales Outstanding Historical Data

The historical data trend for Mdf Commerce'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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Mdf Commerce Days Sales Outstanding Chart

Mdf Commerce Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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36.84

34.36

32.37

32.56

38.05

Mdf Commerce 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															31.88	44.19	36.60	28.54	32.17

Competitive Comparison of Mdf Commerce's Days Sales Outstanding

For the Software - Infrastructure subindustry, Mdf Commerce'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.

Mdf Commerce's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Mdf Commerce's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mdf Commerce's Days Sales Outstanding falls into.

Mdf Commerce 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.

Mdf Commerce's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (10.391	+	16.36)	/	2 )	/	128.295	*	365
=	13.3755					/	128.295	*	365
=	38.05

Mdf Commerce'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
=	( (10.723	+	10.562)	/	2 )	/	30.189	*	365 / 4
=	10.6425					/	30.189	*	365 / 4
=	32.17

Mdf Commerce (TSX:MDF) Days Sales Outstanding Explanation

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

Mdf Commerce Days Sales Outstanding Related Terms

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

Mdf Commerce (TSX:MDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (TSX:MDF) » Definitions » Days Sales Outstanding

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MECVF:USA

Address

1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4

Website

https://www.mdfcommerce.com

Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.

Mdf Commerce (TSX:MDF) Headlines

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