MMA Offshore (ASX:MRM) Days Sales Outstanding : 78.87 (As of Dec. 2023)

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What is MMA Offshore Days Sales Outstanding?

MMA Offshore's average Accounts Receivable for the six months ended in Dec. 2023 was A$88.4 Mil. MMA Offshore's Revenue for the six months ended in Dec. 2023 was A$204.6 Mil. Hence, MMA Offshore's Days Sales Outstanding for the six months ended in Dec. 2023 was 78.87.

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

ASX:MRM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.85 Med: 91.26 Max: 122.4
Current: 87.24

During the past 13 years, MMA Offshore's highest Days Sales Outstanding was 122.40. The lowest was 80.85. And the median was 91.26.

ASX:MRM's Days Sales Outstanding is ranked worse than
83.47% of 968 companies
in the Transportation industry
Industry Median: 45.79 vs ASX:MRM: 87.24

MMA Offshore's Days Sales Outstanding increased from Dec. 2022 (76.97) to Dec. 2023 (78.87).

MMA Offshore Days Sales Outstanding Historical Data

The historical data trend for MMA Offshore'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.

MMA Offshore Days Sales Outstanding Chart

MMA Offshore Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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90.66

90.11

107.53

80.85

84.00

MMA Offshore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															90.58	80.59	76.97	97.77	78.87

Competitive Comparison of MMA Offshore's Days Sales Outstanding

For the Marine Shipping subindustry, MMA Offshore'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.

MMA Offshore's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MMA Offshore's Days Sales Outstanding distribution charts can be found below:

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

MMA Offshore 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.

MMA Offshore'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
=	( (59.306	+	82.582)	/	2 )	/	308.265	*	365
=	70.944					/	308.265	*	365
=	84.00

MMA Offshore'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
=	( (82.582	+	94.281)	/	2 )	/	204.621	*	365 / 2
=	88.4315					/	204.621	*	365 / 2
=	78.87

MMA Offshore (ASX:MRM) Days Sales Outstanding Explanation

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

MMA Offshore Days Sales Outstanding Related Terms

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MMA Offshore (ASX:MRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MMA Offshore Ltd (ASX:MRM) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

MRMAF:USA

Address

12-14 The Esplanade, EQ12, Level 10, Perth, WA, AUS, 6000

Website

https://www.mmaoffshore.com

MMA Offshore Ltd is involved in providing marine-related services. The company's operating segment includes Vessel Services; Subsea Services and Project Logistics. It generates maximum revenue from the Vessel Services segment. The Vessel Services segment provision of specialised offshore support vessels. Its Subsea Services segment provides services to companies operating in subsea environments including inspection, maintenance and repair. The Project Logistics segment includes project management of large marine spreads and complex marine logistics. Geographically, it derives a majority of revenue from Australia.