M17 Entertainment (M17 Entertainment) Days Sales Outstanding : 15.89 (As of Dec. 2017)

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What is M17 Entertainment Days Sales Outstanding?

M17 Entertainment's average Accounts Receivable for the six months ended in Dec. 2017 was $3.46 Mil. M17 Entertainment's Revenue for the six months ended in Dec. 2017 was $79.50 Mil. Hence, M17 Entertainment's Days Sales Outstanding for the six months ended in Dec. 2017 was 7.95.

The historical rank and industry rank for M17 Entertainment's Days Sales Outstanding or its related term are showing as below:

YQ's Days Sales Outstanding is not ranked ^*
in the Interactive Media industry.
Industry Median: 45.54
* Ranked among companies with meaningful Days Sales Outstanding only.

M17 Entertainment's Days Sales Outstanding increased from Dec. 2015 (0.00) to Dec. 2017 (15.89).

M17 Entertainment Days Sales Outstanding Historical Data

The historical data trend for M17 Entertainment'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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M17 Entertainment Days Sales Outstanding Chart

M17 Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Days Sales Outstanding

39.45

15.89

M17 Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17
Days Sales Outstanding	-	39.45	15.89

Competitive Comparison of M17 Entertainment's Days Sales Outstanding

For the Internet Content & Information subindustry, M17 Entertainment'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.

M17 Entertainment's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, M17 Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where M17 Entertainment's Days Sales Outstanding falls into.

M17 Entertainment 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.

M17 Entertainment's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

	Days Sales Outstanding (A: Dec. 2017 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )	/	Revenue (A: Dec. 2017 )	*	Days in Period
=	( (0.522	+	6.402)	/	2 )	/	79.502	*	365
=	3.462					/	79.502	*	365
=	15.89

M17 Entertainment's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

	Days Sales Outstanding (Q: Dec. 2017 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )	/	Revenue (A: Dec. 2017 )	*	Days in Period
=	( (0.522	+	6.402)	/	2 )	/	79.502	*	365 / 2
=	3.462					/	79.502	*	365 / 2
=	7.95

M17 Entertainment (NYSE:YQ) Days Sales Outstanding Explanation

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

M17 Entertainment Days Sales Outstanding Related Terms

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