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MLSPF (Melrose Industries) Days Sales Outstanding : 59.55 (As of Jun. 2024)


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What is Melrose Industries Days Sales Outstanding?

Melrose Industries's average Accounts Receivable for the six months ended in Jun. 2024 was $723 Mil. Melrose Industries's Revenue for the six months ended in Jun. 2024 was $2,216 Mil. Hence, Melrose Industries's Days Sales Outstanding for the six months ended in Jun. 2024 was 59.55.

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

MLSPF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.79   Med: 71.79   Max: 265.9
Current: 68.1

During the past 13 years, Melrose Industries's highest Days Sales Outstanding was 265.90. The lowest was 54.79. And the median was 71.79.

MLSPF's Days Sales Outstanding is ranked better than
63.49% of 2947 companies
in the Industrial Products industry
Industry Median: 80.1 vs MLSPF: 68.10

Melrose Industries's Days Sales Outstanding declined from Jun. 2023 (96.77) to Jun. 2024 (59.55).


Melrose Industries Days Sales Outstanding Historical Data

The historical data trend for Melrose Industries'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.

Melrose Industries Days Sales Outstanding Chart

Melrose Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.15 67.00 56.68 115.44 73.68

Melrose Industries Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 157.66 140.74 96.77 64.57 59.55

Competitive Comparison of Melrose Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Melrose Industries'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.


Melrose Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Melrose Industries's Days Sales Outstanding falls into.



Melrose Industries 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.

Melrose Industries'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
=( (1180.268 + 531.646) / 2 ) / 4240.506*365
=855.957 / 4240.506*365
=73.68

Melrose Industries's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (531.646 + 914.758) / 2 ) / 2216.285*365 / 2
=723.202 / 2216.285*365 / 2
=59.55

* 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.


Melrose Industries  (OTCPK:MLSPF) Days Sales Outstanding Explanation

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


Melrose Industries Days Sales Outstanding Related Terms

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Melrose Industries Business Description

Traded in Other Exchanges
Address
5 Stratton Street, Stratton House, London, GBR, W1J 8LA
Melrose Industries is a UK-based company that manufactures engines and structures products for all major OEMs across civil and defense markets. The company derives around 75% of its revenue from civil and the remaining from defense.In the civil market, the company operates in 90% of existing fleets in service and is a demonstrator partner in the GTF and CFM RISE next-generation engines for narrow-body aircraft.

Melrose Industries Headlines

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