Mittel SpA (MIL:MIT) Days Sales Outstanding : 96.64 (As of Jun. 2023)

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What is Mittel SpA Days Sales Outstanding?

Mittel SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €35.6 Mil. Mittel SpA's Revenue for the six months ended in Jun. 2023 was €67.3 Mil. Hence, Mittel SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 96.64.

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

MIL:MIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.81 Med: 75.5 Max: 377.02
Current: 81.84

During the past 13 years, Mittel SpA's highest Days Sales Outstanding was 377.02. The lowest was 26.81. And the median was 75.50.

MIL:MIT's Days Sales Outstanding is ranked worse than
79.33% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.14 vs MIL:MIT: 81.84

Mittel SpA's Days Sales Outstanding increased from Jun. 2022 (91.29) to Jun. 2023 (96.64).

Mittel SpA Days Sales Outstanding Historical Data

The historical data trend for Mittel SpA'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.

Mittel SpA Days Sales Outstanding Chart

Mittel SpA Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.30

78.69

68.61

69.00

95.43

Mittel SpA Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															59.88	91.29	50.70	96.64	60.34

Competitive Comparison of Mittel SpA's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Mittel SpA'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.

Mittel SpA's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mittel SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mittel SpA's Days Sales Outstanding falls into.

Mittel SpA 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.

Mittel SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (38.288	+	41.299)	/	2 )	/	210.515	*	365
=	39.7935					/	210.515	*	365
=	69.00

Mittel SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (41.299	+	29.974)	/	2 )	/	67.299	*	365 / 2
=	35.6365					/	67.299	*	365 / 2
=	96.64

Mittel SpA (MIL:MIT) Days Sales Outstanding Explanation

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

Mittel SpA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Mittel SpA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Mittel SpA (MIL:MIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mittel SpA (MIL:MIT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Borromei, 5, Milan, ITA, 20123

Website

http://www.mittel.it

Mittel SpA is an investment-merchant bank company. It operates through Private Equity and Investments Sector, Advisory Services, and Real Estate Sector.

Mittel SpA (MIL:MIT) Headlines

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