Movida Participacoes (BSP:MOVI3) Days Sales Outstanding : 48.56 (As of Dec. 2023)

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What is Movida Participacoes Days Sales Outstanding?

Movida Participacoes's average Accounts Receivable for the three months ended in Dec. 2023 was R$1,327 Mil. Movida Participacoes's Revenue for the three months ended in Dec. 2023 was R$2,493 Mil. Hence, Movida Participacoes's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.56.

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

BSP:MOVI3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.57 Med: 40.3 Max: 45.7
Current: 40.75

During the past 10 years, Movida Participacoes's highest Days Sales Outstanding was 45.70. The lowest was 26.57. And the median was 40.30.

BSP:MOVI3's Days Sales Outstanding is ranked better than
74.4% of 1043 companies
in the Business Services industry
Industry Median: 58.62 vs BSP:MOVI3: 40.75

Movida Participacoes's Days Sales Outstanding increased from Dec. 2022 (38.53) to Dec. 2023 (48.56).

Movida Participacoes Days Sales Outstanding Historical Data

The historical data trend for Movida Participacoes'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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Movida Participacoes Days Sales Outstanding Chart

Movida Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.40

44.44

45.70

40.30

44.43

Movida Participacoes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															37.11	39.09	41.22	48.56	40.58

Competitive Comparison of Movida Participacoes's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Movida Participacoes'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.

Movida Participacoes's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Movida Participacoes's Days Sales Outstanding falls into.

Movida Participacoes 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.

Movida Participacoes'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
=	( (1173.853	+	1343.672)	/	2 )	/	10342.015	*	365
=	1258.7625					/	10342.015	*	365
=	44.43

Movida Participacoes'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
=	( (1309.93	+	1343.672)	/	2 )	/	2493.445	*	365 / 4
=	1326.801					/	2493.445	*	365 / 4
=	48.56

Movida Participacoes (BSP:MOVI3) Days Sales Outstanding Explanation

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

Movida Participacoes Days Sales Outstanding Related Terms

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Movida Participacoes (BSP:MOVI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001

Website

https://www.movida.com.br/

Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

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