Makati Finance (PHS:MFIN) Days Sales Outstanding : 676.14 (As of Dec. 2023)

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What is Makati Finance Days Sales Outstanding?

Makati Finance's average Accounts Receivable for the three months ended in Dec. 2023 was ₱469.5 Mil. Makati Finance's Revenue for the three months ended in Dec. 2023 was ₱63.4 Mil. Hence, Makati Finance's Days Sales Outstanding for the three months ended in Dec. 2023 was 676.14.

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

PHS:MFIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 912.31 Med: 1514.69 Max: 2541.84
Current: 948.84

During the past 13 years, Makati Finance's highest Days Sales Outstanding was 2541.84. The lowest was 912.31. And the median was 1514.69.

PHS:MFIN's Days Sales Outstanding is ranked worse than
87.83% of 263 companies
in the Credit Services industry
Industry Median: 42.35 vs PHS:MFIN: 948.84

Makati Finance's Days Sales Outstanding declined from Dec. 2022 (1,719.87) to Dec. 2023 (676.14).

Makati Finance Days Sales Outstanding Historical Data

The historical data trend for Makati Finance'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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Makati Finance Days Sales Outstanding Chart

Makati Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1,062.41

912.31

Makati Finance 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															1,719.87	1,070.01	1,114.94	1,135.65	676.14

Competitive Comparison of Makati Finance's Days Sales Outstanding

For the Credit Services subindustry, Makati Finance'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.

Makati Finance's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Makati Finance's Days Sales Outstanding distribution charts can be found below:

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

Makati Finance 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.

Makati Finance'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
=	( (476.372	+	441.453)	/	2 )	/	183.603	*	365
=	458.9125					/	183.603	*	365
=	912.31

Makati Finance'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
=	( (497.63	+	441.453)	/	2 )	/	63.368	*	365 / 4
=	469.5415					/	63.368	*	365 / 4
=	676.14

Makati Finance (PHS:MFIN) Days Sales Outstanding Explanation

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

Makati Finance Days Sales Outstanding Related Terms

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Makati Finance (PHS:MFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Makati Finance Corp (PHS:MFIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2301 Chino Roces Avenue, 3rd Floor Mazda Makati Building, Barangay Magallanes, Makati City, PHL, 1231

Website

http://www.makatifinance.ph

Makati Finance Corp provides financial services and advisory to its clients. The company's operations include sales and marketing, evaluation and approval of loan applications, and collection of loan accounts. The company derives revenues from the following main operating business segments of Rx Cashline Group; Business loans; MFC Factors Group; Motor Vehicles Financing Group and Others. Business loans division grants loans to finance business owners who wishes to expand its business or for the purpose of starting capital whereas Motor Vehicles Financing Group grants loans to motorcycle buyers. The company's assets producing revenues are located in the Philippines.