Melcor Developments (TSX:MRD) Days Sales Outstanding : 83.22 (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Melcor Developments Days Sales Outstanding?

Melcor Developments's average Accounts Receivable for the three months ended in Dec. 2023 was C$114.1 Mil. Melcor Developments's Revenue for the three months ended in Dec. 2023 was C$125.1 Mil. Hence, Melcor Developments's Days Sales Outstanding for the three months ended in Dec. 2023 was 83.22.

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

TSX:MRD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 121.48 Med: 195.21 Max: 249.59
Current: 121.48

During the past 13 years, Melcor Developments's highest Days Sales Outstanding was 249.59. The lowest was 121.48. And the median was 195.21.

TSX:MRD's Days Sales Outstanding is ranked worse than
80.06% of 1665 companies
in the Real Estate industry
Industry Median: 36.86 vs TSX:MRD: 121.48

Melcor Developments's Days Sales Outstanding declined from Dec. 2022 (130.94) to Dec. 2023 (83.22).

Melcor Developments Days Sales Outstanding Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Days Sales Outstanding Chart

Melcor Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

196.15

138.34

129.28

186.88

142.66

Melcor Developments 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															130.94	260.47	130.49	93.49	83.22

Competitive Comparison of Melcor Developments's Days Sales Outstanding

For the Real Estate - Development subindustry, Melcor Developments'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.

Melcor Developments's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Melcor Developments's Days Sales Outstanding falls into.

Melcor Developments 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.

Melcor Developments'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
=	( (109.719	+	136.701)	/	2 )	/	315.239	*	365
=	123.21					/	315.239	*	365
=	142.66

Melcor Developments'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
=	( (91.548	+	136.701)	/	2 )	/	125.134	*	365 / 4
=	114.1245					/	125.134	*	365 / 4
=	83.22

Melcor Developments (TSX:MRD) Days Sales Outstanding Explanation

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

Melcor Developments Days Sales Outstanding Related Terms

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

Melcor Developments (TSX:MRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Melcor Developments Ltd (TSX:MRD) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

MODVF:USA

Address

10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8

Website

https://www.melcor.ca

Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

Executives

Leah Margiotta

Senior Officer

Melcor Developments (TSX:MRD) Headlines

No Headlines