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Metcash (ASX:MTS) Days Sales Outstanding : 39.60 (As of Oct. 2023)


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What is Metcash Days Sales Outstanding?

Metcash's average Accounts Receivable for the six months ended in Oct. 2023 was A$1,701 Mil. Metcash's Revenue for the six months ended in Oct. 2023 was A$7,838 Mil. Hence, Metcash's Days Sales Outstanding for the six months ended in Oct. 2023 was 39.60.

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

ASX:MTS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.12   Med: 30.1   Max: 40.87
Current: 40.87

During the past 13 years, Metcash's highest Days Sales Outstanding was 40.87. The lowest was 25.12. And the median was 30.10.

ASX:MTS's Days Sales Outstanding is ranked worse than
69.28% of 306 companies
in the Retail - Defensive industry
Industry Median: 24.63 vs ASX:MTS: 40.87

Metcash's Days Sales Outstanding increased from Oct. 2022 (39.59) to Oct. 2023 (39.60).


Metcash Days Sales Outstanding Historical Data

The historical data trend for Metcash'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.

Metcash Days Sales Outstanding Chart

Metcash Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.05 33.80 32.35 32.62 32.43

Metcash Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 40.04 37.10 39.59 37.72 39.60

Competitive Comparison of Metcash's Days Sales Outstanding

For the Food Distribution subindustry, Metcash'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.


Metcash's Days Sales Outstanding Distribution in the Retail - Defensive Industry

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

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



Metcash 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.

Metcash's Days Sales Outstanding for the fiscal year that ended in Apr. 2023 is calculated as

Days Sales Outstanding (A: Apr. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count ) / Revenue (A: Apr. 2023 )*Days in Period
=( (1415.7 + 1392.6) / 2 ) / 15803.4*365
=1404.15 / 15803.4*365
=32.43

Metcash's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding (Q: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (1392.6 + 2008.6) / 2 ) / 7837.7*365 / 2
=1700.6 / 7837.7*365 / 2
=39.60

* 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.


Metcash  (ASX:MTS) Days Sales Outstanding Explanation

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


Metcash Days Sales Outstanding Related Terms

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Metcash (ASX:MTS) Business Description

Traded in Other Exchanges
Address
1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113
Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (ASX:MTS) Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value 05-11-2021