Melco Resorts and Entertainment (Melco Resorts and Entertainment) Days Sales Outstanding : 7.82 (As of Dec. 2023)

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What is Melco Resorts and Entertainment Days Sales Outstanding?

Melco Resorts and Entertainment's average Accounts Receivable for the three months ended in Dec. 2023 was $94 Mil. Melco Resorts and Entertainment's Revenue for the three months ended in Dec. 2023 was $1,094 Mil. Hence, Melco Resorts and Entertainment's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.82.

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

MLCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.14 Med: 16.73 Max: 43.72
Current: 7.76

During the past 13 years, Melco Resorts and Entertainment's highest Days Sales Outstanding was 43.72. The lowest was 7.14. And the median was 16.73.

MLCO's Days Sales Outstanding is ranked better than
86.14% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs MLCO: 7.76

Melco Resorts and Entertainment's Days Sales Outstanding declined from Dec. 2022 (14.29) to Dec. 2023 (7.82).

Melco Resorts and Entertainment Days Sales Outstanding Historical Data

The historical data trend for Melco Resorts and Entertainment'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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Melco Resorts and Entertainment Days Sales Outstanding Chart

Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.75

43.72

16.70

14.94

7.14

Melco Resorts and Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															14.29	7.96	7.59	8.27	7.82

Competitive Comparison of Melco Resorts and Entertainment's Days Sales Outstanding

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment'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.

Melco Resorts and Entertainment's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Melco Resorts and Entertainment's Days Sales Outstanding falls into.

Melco Resorts and Entertainment 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.

Melco Resorts and Entertainment'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
=	( (55.992	+	91.638)	/	2 )	/	3775.247	*	365
=	73.815					/	3775.247	*	365
=	7.14

Melco Resorts and Entertainment'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (95.716	+	91.638)	/	2 )	/	1093.613	*	365 / 4
=	93.677					/	1093.613	*	365 / 4
=	7.82

Melco Resorts and Entertainment (NAS:MLCO) Days Sales Outstanding Explanation

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

Melco Resorts and Entertainment Days Sales Outstanding Related Terms

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Melco Resorts and Entertainment (Melco Resorts and Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (NAS:MLCO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0A2P:UK M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.