Mene (TSXV:MENE) Days Sales Outstanding : 4.07 (As of Dec. 2024)

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What is Mene Days Sales Outstanding?

Mene's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.41 Mil. Mene's Revenue for the three months ended in Dec. 2024 was C$9.12 Mil. Hence, Mene's Days Sales Outstanding for the three months ended in Dec. 2024 was 4.07.

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

TSXV:MENE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.79 Med: 1.78 Max: 5.04
Current: 4.7

During the past 13 years, Mene's highest Days Sales Outstanding was 5.04. The lowest was 0.79. And the median was 1.78.

TSXV:MENE's Days Sales Outstanding is ranked better than
83.06% of 1086 companies
in the Retail - Cyclical industry
Industry Median: 18.695 vs TSXV:MENE: 4.70

Mene's Days Sales Outstanding increased from Dec. 2023 (1.41) to Dec. 2024 (4.07).

Mene Days Sales Outstanding Historical Data

The historical data trend for Mene'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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Mene Days Sales Outstanding Chart

Mene Annual Data

Trend

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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1.78

0.87

0.79

1.37

4.29

Mene 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															1.41	5.61	5.26	4.78	4.07

Competitive Comparison of Mene's Days Sales Outstanding

For the Luxury Goods subindustry, Mene'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.

Mene's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mene's Days Sales Outstanding distribution charts can be found below:

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

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Mene 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.

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

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0.103	+	0.503)	/	2 )	/	25.8	*	365
=	0.303					/	25.8	*	365
=	4.29

Mene'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
=	( (0.311	+	0.503)	/	2 )	/	9.119	*	365 / 4
=	0.407					/	9.119	*	365 / 4
=	4.07

Mene (TSXV:MENE) Days Sales Outstanding Explanation

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

Mene Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Mene's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Mene Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mene Inc (TSXV:MENE) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

MENEF:USA

Address

334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4

Website

https://www.mene.com

Mene Inc crafts pure 24-karat gold and platinum jewelry that is transparently sold by gram weight through mene.com, customers may buy jewelry, monitor the value of their collection, and sell or exchange their pieces by gram weight at prevailing market prices. The company retails its jewelry by gram weight direct-to-consumer through an online shopping experience.

Executives

Mahendra Naik

Director or Senior Officer of 10% Security Holder

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