Minco Capital (TSXV:MMM) Days Sales Outstanding : 2.96 (As of Dec. 2023)

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What is Minco Capital Days Sales Outstanding?

Minco Capital's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.00 Mil. Minco Capital's Revenue for the three months ended in Dec. 2023 was C$0.08 Mil. Hence, Minco Capital's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.96.

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

TSXV:MMM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.89 Med: 16.48 Max: 529.84
Current: 5.78

During the past 13 years, Minco Capital's highest Days Sales Outstanding was 529.84. The lowest was 2.89. And the median was 16.48.

TSXV:MMM's Days Sales Outstanding is ranked better than
91.21% of 512 companies
in the Asset Management industry
Industry Median: 49.62 vs TSXV:MMM: 5.78

Minco Capital's Days Sales Outstanding increased from Dec. 2022 (1.56) to Dec. 2023 (2.96).

Minco Capital Days Sales Outstanding Historical Data

The historical data trend for Minco Capital'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.

Minco Capital Days Sales Outstanding Chart

Minco Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.48

2.89

12.94

4.88

6.36

Minco Capital 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															1.56	19.21	7.82	3.86	2.96

Competitive Comparison of Minco Capital's Days Sales Outstanding

For the Asset Management subindustry, Minco Capital'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.

Minco Capital's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Minco Capital's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Minco Capital's Days Sales Outstanding falls into.

Minco Capital 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.

Minco Capital'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
=	( (0.005	+	0.002)	/	2 )	/	0.201	*	365
=	0.0035					/	0.201	*	365
=	6.36

Minco Capital'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
=	( (0.003	+	0.002)	/	2 )	/	0.077	*	365 / 4
=	0.0025					/	0.077	*	365 / 4
=	2.96

Minco Capital (TSXV:MMM) Days Sales Outstanding Explanation

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

Minco Capital Days Sales Outstanding Related Terms

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Minco Capital (TSXV:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Minco Capital Corp (TSXV:MMM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MGHCF:USA MI5:Germany

Address

No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5

Website

http://www.mincocapitalcorp.com

Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.