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MMS (Maximus) Days Sales Outstanding : 45.77 (As of Dec. 2024)


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What is Maximus Days Sales Outstanding?

Maximus's average Accounts Receivable for the three months ended in Dec. 2024 was $704 Mil. Maximus's Revenue for the three months ended in Dec. 2024 was $1,403 Mil. Hence, Maximus's Days Sales Outstanding for the three months ended in Dec. 2024 was 45.77.

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

MMS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.55   Med: 57.33   Max: 63.83
Current: 47.55

During the past 13 years, Maximus's highest Days Sales Outstanding was 63.83. The lowest was 47.55. And the median was 57.33.

MMS's Days Sales Outstanding is ranked better than
65.41% of 1032 companies
in the Business Services industry
Industry Median: 59.325 vs MMS: 47.55

Maximus's Days Sales Outstanding declined from Dec. 2023 (48.16) to Dec. 2024 (45.77).


Maximus Days Sales Outstanding Historical Data

The historical data trend for Maximus'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.

Maximus Days Sales Outstanding Chart

Maximus Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.29 57.81 56.85 52.71 49.10

Maximus Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 48.16 50.25 48.24 46.75 45.77

Competitive Comparison of Maximus's Days Sales Outstanding

For the Specialty Business Services subindustry, Maximus'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.


Maximus's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Maximus's Days Sales Outstanding distribution charts can be found below:

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


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Maximus 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.

Maximus's Days Sales Outstanding for the fiscal year that ended in Sep. 2024 is calculated as

Days Sales Outstanding (A: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (692.707 + 734.817) / 2 ) / 5306.197*365
=713.762 / 5306.197*365
=49.10

Maximus's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (734.817 + 672.288) / 2 ) / 1402.675*365 / 4
=703.5525 / 1402.675*365 / 4
=45.77

* 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.


Maximus  (NYSE:MMS) Days Sales Outstanding Explanation

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


Maximus Days Sales Outstanding Related Terms

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Maximus Business Description

Traded in Other Exchanges
Address
1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs, enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments; U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
Executives
Jan Madsen director 11808 MIRACLE DRIVE, OMAHA NE 68154
Gayathri Rajan director 1891 METRO CENTER DRIVE, RESTON X1 20190
Michael J. Warren director C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Ilene R. Baylinson officer: Group General Manager 1891 METRO CENTER DRIVE, RESTON VA 20190
Bruce Caswell other: Group President - Human Svcs 11419 SUNSET HILLS ROAD, RESTON VA 20190-5207
John J Haley director 901 N GLEBE ROAD, ARLINGTON VA 22203
Raymond B Ruddy director C/O MAXIMUS INC, 11419 SUNSET HILLS ROAD, RESTON VA 20190
Michelle F. Link officer: Chief Human Resources Officer 1891 METRO CENTER DRIVE, RESTON VA 20190
David Mutryn officer: Chief Financial Officer 1891 METRO CENTER DRIVE, RESTON VA 20190
Teresa Weipert officer: General Mgr US Federal Segment 1891 METRO CENTER DRIVE, RESTON VA 20190
Theresa D Golinvaux officer: Principal Accounting Officer 9300 LEE HIGHWAY, FAIRFAX VA 20131
John Thomas Martinez officer: Secretary and General Counsel 1600 TYSONS BLVD, #1400, MCLEAN VA 22102
David Francis officer: General Counsel C/O MAXIMUS INC, 11419 SUNSET HILLS RD, RESTON VA 20190
Richard A Montoni director, officer: CEO and Director C/O MAXIMUS INC, 11419 SUNSET HILLS RD, RESTON VA 20190
Richard John Nadeau officer: Chief Financial Officer 1300 WILSON BLVD., SUITE 400, ARLINGTON VA 22209