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McCoy Global (McCoy Global) Days Sales Outstanding : 45.60 (As of Dec. 2023)


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What is McCoy Global Days Sales Outstanding?

McCoy Global's average Accounts Receivable for the three months ended in Dec. 2023 was $7.34 Mil. McCoy Global's Revenue for the three months ended in Dec. 2023 was $14.68 Mil. Hence, McCoy Global's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.60.

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

MCCRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.94   Med: 57.46   Max: 87.93
Current: 54.49

During the past 13 years, McCoy Global's highest Days Sales Outstanding was 87.93. The lowest was 37.94. And the median was 57.46.

MCCRF's Days Sales Outstanding is ranked worse than
55.89% of 934 companies
in the Oil & Gas industry
Industry Median: 48.62 vs MCCRF: 54.49

McCoy Global's Days Sales Outstanding declined from Dec. 2022 (62.54) to Dec. 2023 (45.60).


McCoy Global Days Sales Outstanding Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Days Sales Outstanding Chart

McCoy Global 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 60.87 49.05 51.52 67.28 60.64

McCoy Global 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 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 62.54 57.67 53.53 55.77 45.60

Competitive Comparison of McCoy Global's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


McCoy Global's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, McCoy Global's Days Sales Outstanding distribution charts can be found below:

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



McCoy Global 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.

McCoy Global'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
=( (9.532 + 7.728) / 2 ) / 51.945*365
=8.63 / 51.945*365
=60.64

McCoy Global'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
=( (6.947 + 7.728) / 2 ) / 14.683*365 / 4
=7.3375 / 14.683*365 / 4
=45.60

* 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.


McCoy Global  (OTCPK:MCCRF) Days Sales Outstanding Explanation

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


McCoy Global Days Sales Outstanding Related Terms

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McCoy Global (McCoy Global) Business Description

Traded in Other Exchanges
Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.

McCoy Global (McCoy Global) Headlines

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