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Mips AB (FRA:7M1) Days Sales Outstanding : 100.44 (As of Sep. 2024)


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What is Mips AB Days Sales Outstanding?

Mips AB's average Accounts Receivable for the three months ended in Sep. 2024 was €11.93 Mil. Mips AB's Revenue for the three months ended in Sep. 2024 was €10.83 Mil. Hence, Mips AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 100.44.

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

FRA:7M1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.44   Med: 96.69   Max: 117.4
Current: 96.65

During the past 11 years, Mips AB's highest Days Sales Outstanding was 117.40. The lowest was 78.44. And the median was 96.69.

FRA:7M1's Days Sales Outstanding is ranked worse than
89.88% of 800 companies
in the Travel & Leisure industry
Industry Median: 28.27 vs FRA:7M1: 96.65

Mips AB's Days Sales Outstanding declined from Sep. 2023 (128.34) to Sep. 2024 (100.44).


Mips AB Days Sales Outstanding Historical Data

The historical data trend for Mips AB'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.

Mips AB Days Sales Outstanding Chart

Mips AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.64 109.30 102.15 105.05 103.74

Mips AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.34 93.51 110.20 82.93 100.44

Competitive Comparison of Mips AB's Days Sales Outstanding

For the Leisure subindustry, Mips AB'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.


Mips AB's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mips AB's Days Sales Outstanding falls into.



Mips AB 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.

Mips AB'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
=( (10.006 + 8.135) / 2 ) / 31.915*365
=9.0705 / 31.915*365
=103.74

Mips AB's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (12.048 + 11.803) / 2 ) / 10.834*365 / 4
=11.9255 / 10.834*365 / 4
=100.44

* 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.


Mips AB  (FRA:7M1) Days Sales Outstanding Explanation

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


Mips AB Days Sales Outstanding Related Terms

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Mips AB Business Description

Traded in Other Exchanges
Address
Kemistvagen 1B, Taby, Stockholm, SWE, SE-183 79
Mips AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services. The main component of the Mips safety system is the Mips low friction layer, which imitates the brain's own protection system and enables a relative motion between the head and the helmet.

Mips AB Headlines

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