Mynaric AG (FRA:M0YN) Days Sales Outstanding : 69.05 (As of Dec. 2023)

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What is Mynaric AG Days Sales Outstanding?

Mynaric AG's average Accounts Receivable for the six months ended in Dec. 2023 was €0.36 Mil. Mynaric AG's Revenue for the six months ended in Dec. 2023 was €0.96 Mil. Hence, Mynaric AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 69.05.

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

FRA:M0YN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.37 Med: 72.99 Max: 1014.96
Current: 42.37

During the past 7 years, Mynaric AG's highest Days Sales Outstanding was 1014.96. The lowest was 42.37. And the median was 72.99.

FRA:M0YN's Days Sales Outstanding is ranked better than
85% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs FRA:M0YN: 42.37

Mynaric AG's Days Sales Outstanding increased from Dec. 2022 (47.69) to Dec. 2023 (69.05).

Mynaric AG Days Sales Outstanding Historical Data

The historical data trend for Mynaric AG'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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Mynaric AG Days Sales Outstanding Chart

Mynaric AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1,014.96

336.51

55.87

51.34

61.15

Mynaric AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								17.23	693.50	47.69	25.14	69.05

Competitive Comparison of Mynaric AG's Days Sales Outstanding

For the Communication Equipment subindustry, Mynaric AG'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.

Mynaric AG's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mynaric AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mynaric AG's Days Sales Outstanding falls into.

Mynaric AG 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.

Mynaric AG'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
=	( (1.149	+	0.657)	/	2 )	/	5.39	*	365
=	0.903					/	5.39	*	365
=	61.15

Mynaric AG'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.071	+	0.657)	/	2 )	/	0.962	*	365 / 2
=	0.364					/	0.962	*	365 / 2
=	69.05

Mynaric AG (FRA:M0YN) Days Sales Outstanding Explanation

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

Mynaric AG Days Sales Outstanding Related Terms

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Mynaric AG (FRA:M0YN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mynaric AG (FRA:M0YN) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

MYNA:USA M0YNd:UK 0AR9:UK M0YN:Germany

Address

Dornierstrasse 19, Gilching, BY, DEU, 82205

Website

https://www.mynaric.com

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

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