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MARA Holdings (MEX:MARA) Days Sales Outstanding : 8.27 (As of Jun. 2024)


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What is MARA Holdings Days Sales Outstanding?

MARA Holdings's average Accounts Receivable for the three months ended in Jun. 2024 was MXN241 Mil. MARA Holdings's Revenue for the three months ended in Jun. 2024 was MXN2,659 Mil. Hence, MARA Holdings's Days Sales Outstanding for the three months ended in Jun. 2024 was 8.27.

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

MEX:MARA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.16   Med: 3.4   Max: 35.8
Current: 8.76

During the past 13 years, MARA Holdings's highest Days Sales Outstanding was 35.80. The lowest was 1.16. And the median was 3.40.

MEX:MARA's Days Sales Outstanding is ranked better than
81.99% of 572 companies
in the Capital Markets industry
Industry Median: 61.635 vs MEX:MARA: 8.76

MARA Holdings's Days Sales Outstanding increased from Jun. 2023 (0.00) to Jun. 2024 (8.27).


MARA Holdings Days Sales Outstanding Historical Data

The historical data trend for MARA 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.

MARA Holdings Days Sales Outstanding Chart

MARA Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
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MARA Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 4.62 8.27

Competitive Comparison of MARA Holdings's Days Sales Outstanding

For the Capital Markets subindustry, MARA 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.


MARA Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MARA Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MARA Holdings's Days Sales Outstanding falls into.



MARA 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.

MARA 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
=( (0 + 0) / 1 ) / 6577.657*365
=0 / 6577.657*365
=0.00

MARA Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (138.877 + 343.374) / 2 ) / 2658.961*365 / 4
=241.1255 / 2658.961*365 / 4
=8.27

* 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.


MARA Holdings  (MEX:MARA) Days Sales Outstanding Explanation

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


MARA Holdings Days Sales Outstanding Related Terms

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MARA Holdings Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.