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MIR (Mirion Technologies) Days Sales Outstanding : 64.36 (As of Sep. 2024)


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What is Mirion Technologies Days Sales Outstanding?

Mirion Technologies's average Accounts Receivable for the three months ended in Sep. 2024 was $145.9 Mil. Mirion Technologies's Revenue for the three months ended in Sep. 2024 was $206.8 Mil. Hence, Mirion Technologies's Days Sales Outstanding for the three months ended in Sep. 2024 was 64.36.

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

MIR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.44   Med: 80.91   Max: 83.55
Current: 66.44

During the past 6 years, Mirion Technologies's highest Days Sales Outstanding was 83.55. The lowest was 66.44. And the median was 80.91.

MIR's Days Sales Outstanding is ranked better than
65.52% of 2970 companies
in the Industrial Products industry
Industry Median: 80.9 vs MIR: 66.44

Mirion Technologies's Days Sales Outstanding declined from Sep. 2023 (69.37) to Sep. 2024 (64.36).


Mirion Technologies Days Sales Outstanding Historical Data

The historical data trend for Mirion Technologies'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.

Mirion Technologies Days Sales Outstanding Chart

Mirion Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial - - - 83.55 78.27

Mirion Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 69.37 64.14 75.43 63.71 64.36

Competitive Comparison of Mirion Technologies's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.


Mirion Technologies's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mirion Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mirion Technologies's Days Sales Outstanding falls into.



Mirion Technologies 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.

Mirion Technologies'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
=( (171.2 + 172.3) / 2 ) / 800.9*365
=171.75 / 800.9*365
=78.27

Mirion Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (143.1 + 148.6) / 2 ) / 206.8*365 / 4
=145.85 / 206.8*365 / 4
=64.36

* 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.


Mirion Technologies  (NYSE:MIR) Days Sales Outstanding Explanation

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


Mirion Technologies Days Sales Outstanding Related Terms

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Mirion Technologies Business Description

Traded in Other Exchanges
Address
1218 Menlo Drive, Atlanta, GA, USA, 30318
Mirion Technologies Inc provides products, services, and software that allows customers to safely leverage the power of ionizing radiation for the greater good of humanity through critical applications in the medical, nuclear, defense markets, as well as laboratories, scientific research, analysis and exploration. The Company manages its operations through two segments: Medical and Technologies. The Medical segment provides radiation oncology quality assurance, delivering patient safety solutions for diagnostic imaging and radiation therapy centers. The Technologies segment is based around the nuclear energy, defense, laboratories, and scientific research markets as well as other industrial markets. It derives maximum revenue from Technologies Segment.
Executives
Thomas D Logan director, officer: Chief Executive Officer C/O MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Loic Eloy officer: Industrial Group President 1218 MENLO DRIVE, ATLANTA GA 30318
Christopher A. Moore officer: Chief Accounting Officer (PAO) C/O MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Brian Schopfer officer: Chief Financial Officer MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Gsam Holdings Llc director, 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Michael J Rossi officer: Medical Group President 230 PARK AVENUE, SUITE 3350, NEW YORK NY 10169
Sheila Rege director 1218 MENLO DRIVE, ATLANTA GA 30318
Jody Markopoulos director 3641 WOODBOURNE LANE, CROZET VA 22932
Ccp Ix Lp No. 1 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Ccp Ix Lp No. 2 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Ccp Ix Co-investment Lp 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Ccp Ix Co-investment No. 2 Lp 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Charterhouse General Partners (ix) Ltd 10 percent owner 76 BUCKINGHAM PALACE ROAD, 6TH FLOOR, BELGRAVE HOUSE, LONDON X0 SW1W 9TQ
Kipling Matas officer: Chief Accounting Officer MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318
Christopher L Warren director MIRION TECHNOLOGIES, INC., 1218 MENLO DRIVE, ATLANTA GA 30318