MGO Global (MGO Global) Days Sales Outstanding : 8.65 (As of Mar. 2024)

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What is MGO Global Days Sales Outstanding?

MGO Global's average Accounts Receivable for the three months ended in Mar. 2024 was $0.06 Mil. MGO Global's Revenue for the three months ended in Mar. 2024 was $0.67 Mil. Hence, MGO Global's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.65.

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

MGOL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.9 Med: 5.72 Max: 18.28
Current: 4.88

During the past 4 years, MGO Global's highest Days Sales Outstanding was 18.28. The lowest was 2.90. And the median was 5.72.

MGOL's Days Sales Outstanding is ranked better than
99.11% of 1016 companies
in the Media - Diversified industry
Industry Median: 68.005 vs MGOL: 4.88

MGO Global's Days Sales Outstanding declined from Mar. 2023 (126.74) to Mar. 2024 (8.65).

MGO Global Days Sales Outstanding Historical Data

The historical data trend for MGO Global'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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MGO Global Days Sales Outstanding Chart

MGO Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

5.78

2.90

18.28

5.65

MGO Global Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							126.74	4.61	7.17	3.44	8.65

Competitive Comparison of MGO Global's Days Sales Outstanding

For the Advertising Agencies subindustry, MGO Global'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.

MGO Global's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MGO Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MGO Global's Days Sales Outstanding falls into.

MGO Global 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.

MGO Global'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
=	( (0.102	+	0.064)	/	2 )	/	5.36	*	365
=	0.083					/	5.36	*	365
=	5.65

MGO Global's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.064	+	0.063)	/	2 )	/	0.67	*	365 / 4
=	0.0635					/	0.67	*	365 / 4
=	8.65

MGO Global (NAS:MGOL) Days Sales Outstanding Explanation

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

MGO Global Days Sales Outstanding Related Terms

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MGO Global (MGO Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MGO Global Inc (NAS:MGOL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1515 SE 17th Street,, Suite 121/ No 460596, Fort Lauderdale, FL, USA, 33346

Website

https://www.mgoglobalinc.com

MGO Global Inc provides branding and marketing services to help clients build positive perceptions about their businesses. The company has one reportable segment which sells a range of products under the soccer legend Lionel (Leo) Messi brand Messi Brand.

Executives

Nicole M. Fernandez-mcgovern	director	C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Paul Wahlgren	director	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Obie Mckenzie	director	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Salima Popatia	director	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Vincent Ottomanelli	officer: CHIEF FINANCIAL OFFICER	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Martin P Scott	officer: CHIEF FINANCIAL OFFICER	SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Maximiliano Ojeda	director, officer: CHIEF EXECUTIVE OFFICER	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Virginia Hilfiger	director, officer: CHIEF DESIGN OFFICER	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Julian Groves	director, officer: CHIEF OPERATING OFFICER	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Matthew Harward	officer: CHIEF MARKETING OFFICER	1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346