Mit Sim SpA (MIL:MTS) Days Sales Outstanding : 136.88 (As of Dec. 2023)

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What is Mit Sim SpA Days Sales Outstanding?

Mit Sim SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €1.21 Mil. Mit Sim SpA's Revenue for the six months ended in Dec. 2023 was €1.61 Mil. Hence, Mit Sim SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 136.88.

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

MIL:MTS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.3 Med: 130.73 Max: 137.11
Current: 133.62

During the past 5 years, Mit Sim SpA's highest Days Sales Outstanding was 137.11. The lowest was 10.30. And the median was 130.73.

MIL:MTS's Days Sales Outstanding is ranked worse than
77.8% of 509 companies
in the Asset Management industry
Industry Median: 49.9 vs MIL:MTS: 133.62

Mit Sim SpA's Days Sales Outstanding declined from Dec. 2022 (162.47) to Dec. 2023 (136.88).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Mit Sim SpA Days Sales Outstanding Historical Data

The historical data trend for Mit Sim 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.

Mit Sim SpA Days Sales Outstanding Chart

Mit Sim SpA Annual Data

Trend

Mar19

Mar20

Dec21

Dec22

Dec23

Days Sales Outstanding

10.30

137.11

130.73

Mit Sim SpA Semi-Annual Data
	Mar19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	162.47	133.17	136.88

Competitive Comparison of Mit Sim SpA's Days Sales Outstanding

For the Asset Management subindustry, Mit Sim 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.

Mit Sim SpA's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mit Sim SpA's Days Sales Outstanding distribution charts can be found below:

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

Mit Sim 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.

Mit Sim SpA'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
=	( (1.03	+	1.215)	/	2 )	/	3.134	*	365
=	1.1225					/	3.134	*	365
=	130.73

Mit Sim SpA'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
=	( (1.197	+	1.215)	/	2 )	/	1.608	*	365 / 2
=	1.206					/	1.608	*	365 / 2
=	136.88

Mit Sim SpA (MIL:MTS) Days Sales Outstanding Explanation

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

Mit Sim SpA Days Sales Outstanding Related Terms

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Mit Sim SpA (MIL:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mit Sim SpA (MIL:MTS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121

Website

https://www.mitsim.it

Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA (MIL:MTS) Headlines

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