Mighty Craft (ASX:MCL) Days Sales Outstanding : 28.76 (As of Dec. 2023)

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What is Mighty Craft Days Sales Outstanding?

Mighty Craft's average Accounts Receivable for the six months ended in Dec. 2023 was A$4.54 Mil. Mighty Craft's Revenue for the six months ended in Dec. 2023 was A$28.83 Mil. Hence, Mighty Craft's Days Sales Outstanding for the six months ended in Dec. 2023 was 28.76.

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

ASX:MCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.92 Med: 22.09 Max: 507.58
Current: 25.81

During the past 5 years, Mighty Craft's highest Days Sales Outstanding was 507.58. The lowest was 15.92. And the median was 22.09.

ASX:MCL's Days Sales Outstanding is ranked better than
71.56% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.3 vs ASX:MCL: 25.81

Mighty Craft's Days Sales Outstanding increased from Dec. 2022 (17.59) to Dec. 2023 (28.76).

Mighty Craft Days Sales Outstanding Historical Data

The historical data trend for Mighty Craft'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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Mighty Craft Days Sales Outstanding Chart

Mighty Craft Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

25.81

507.58

18.36

15.92

Mighty Craft Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				25.01	20.30	17.59	20.68	28.76

Competitive Comparison of Mighty Craft's Days Sales Outstanding

For the Beverages - Brewers subindustry, Mighty Craft'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.

Mighty Craft's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Mighty Craft's Days Sales Outstanding distribution charts can be found below:

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

Mighty Craft 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.

Mighty Craft's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (3.681	+	3.516)	/	2 )	/	82.493	*	365
=	3.5985					/	82.493	*	365
=	15.92

Mighty Craft'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.516	+	5.571)	/	2 )	/	28.827	*	365 / 2
=	4.5435					/	28.827	*	365 / 2
=	28.76

Mighty Craft (ASX:MCL) Days Sales Outstanding Explanation

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

Mighty Craft Days Sales Outstanding Related Terms

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Mighty Craft (ASX:MCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Mighty Craft Ltd (ASX:MCL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

26 Cato Street, Hawthorn East, VIC, AUS, 3123

Website

https://www.mightycraft.com.au

Mighty Craft Ltd is engaged in craft brewery and distillery businesses. The company provides beers, spirits, ready to serve drinks, and apple cider.

Mighty Craft (ASX:MCL) Headlines

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