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CMC Markets (LSE:CMCX) Days Sales Outstanding : 118.58 (As of Sep. 2023)


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What is CMC Markets Days Sales Outstanding?

CMC Markets's average Accounts Receivable for the six months ended in Sep. 2023 was £88.2 Mil. CMC Markets's Revenue for the six months ended in Sep. 2023 was £135.8 Mil. Hence, CMC Markets's Days Sales Outstanding for the six months ended in Sep. 2023 was 118.58.

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

LSE:CMCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.4   Med: 68.55   Max: 138.8
Current: 121.99

During the past 11 years, CMC Markets's highest Days Sales Outstanding was 138.80. The lowest was 20.40. And the median was 68.55.

LSE:CMCX's Days Sales Outstanding is ranked worse than
65.23% of 558 companies
in the Capital Markets industry
Industry Median: 62.145 vs LSE:CMCX: 121.99

CMC Markets's Days Sales Outstanding declined from Sep. 2022 (128.43) to Sep. 2023 (118.58).


CMC Markets Days Sales Outstanding Historical Data

The historical data trend for CMC Markets'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.

CMC Markets Days Sales Outstanding Chart

CMC Markets Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.07 138.80 94.76 131.31 137.09

CMC Markets Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 131.97 128.46 128.43 133.43 118.58

Competitive Comparison of CMC Markets's Days Sales Outstanding

For the Capital Markets subindustry, CMC Markets'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.


CMC Markets's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CMC Markets's Days Sales Outstanding distribution charts can be found below:

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



CMC Markets 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.

CMC Markets's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (134.652 + 109.577) / 2 ) / 325.137*365
=122.1145 / 325.137*365
=137.09

CMC Markets's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (109.577 + 66.891) / 2 ) / 135.801*365 / 2
=88.234 / 135.801*365 / 2
=118.58

* 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.


CMC Markets  (LSE:CMCX) Days Sales Outstanding Explanation

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


CMC Markets Days Sales Outstanding Related Terms

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CMC Markets (LSE:CMCX) Business Description

Traded in Other Exchanges
Address
133 Houndsditch, London, GBR, EC3A 7BX
CMC Markets PLC is a United Kingdom-based company that provides online and mobile trading services. The company's core business is to provide online retail financial services and allows people to trade in various financial products of underlying assets such as forex markets, indices, shares, commodities, and treasuries. Its operating segments include Trading - CFD and spread bet - UK and Ireland; Trading - CFD - Europe; Trading - CFD - Australia, New Zealand and Singapore (APAC) and Canada and Investing - Stockbroking - Australia.

CMC Markets (LSE:CMCX) Headlines

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