Mortgage Advice Bureau (Holdings) (LSE:MAB1) Days Sales Outstanding : 3.89 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Mortgage Advice Bureau (Holdings) Days Sales Outstanding?

Mortgage Advice Bureau (Holdings)'s average Accounts Receivable for the six months ended in Dec. 2023 was £2.6 Mil. Mortgage Advice Bureau (Holdings)'s Revenue for the six months ended in Dec. 2023 was £122.0 Mil. Hence, Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 3.89.

The historical rank and industry rank for Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding or its related term are showing as below:

LSE:MAB1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.93 Med: 3.29 Max: 6.64
Current: 3.67

During the past 13 years, Mortgage Advice Bureau (Holdings)'s highest Days Sales Outstanding was 6.64. The lowest was 1.93. And the median was 3.29.

LSE:MAB1's Days Sales Outstanding is ranked better than
85.71% of 28 companies
in the Banks industry
Industry Median: 52.355 vs LSE:MAB1: 3.67

Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding increased from Dec. 2022 (1.68) to Dec. 2023 (3.89).

Mortgage Advice Bureau (Holdings) Days Sales Outstanding Historical Data

The historical data trend for Mortgage Advice Bureau (Holdings)'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.

Mortgage Advice Bureau (Holdings) Days Sales Outstanding Chart

Mortgage Advice Bureau (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

2.67

1.93

6.61

6.62

2.53

Mortgage Advice Bureau (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															6.35	6.42	1.68	4.61	3.89

Competitive Comparison of Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding

For the Mortgage Finance subindustry, Mortgage Advice Bureau (Holdings)'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.

Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding falls into.

Mortgage Advice Bureau (Holdings) 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.

Mortgage Advice Bureau (Holdings)'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
=	( (2.027	+	1.298)	/	2 )	/	239.533	*	365
=	1.6625					/	239.533	*	365
=	2.53

Mortgage Advice Bureau (Holdings)'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
=	( (3.909	+	1.298)	/	2 )	/	121.988	*	365 / 2
=	2.6035					/	121.988	*	365 / 2
=	3.89

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Days Sales Outstanding Explanation

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

Mortgage Advice Bureau (Holdings) Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mortgage Advice Bureau (Holdings) PLC (LSE:MAB1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR

Website

https://www.mortgageadvicebureau.com

Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Headlines

No Headlines