Marks Electrical Group (LSE:MRK) Days Sales Outstanding : 8.56 (As of Sep. 2023)

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What is Marks Electrical Group Days Sales Outstanding?

Marks Electrical Group's average Accounts Receivable for the six months ended in Sep. 2023 was £2.5 Mil. Marks Electrical Group's Revenue for the six months ended in Sep. 2023 was £53.9 Mil. Hence, Marks Electrical Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 8.56.

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

LSE:MRK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.26 Med: 0.4 Max: 9.22
Current: 9.22

During the past 5 years, Marks Electrical Group's highest Days Sales Outstanding was 9.22. The lowest was 0.26. And the median was 0.40.

LSE:MRK's Days Sales Outstanding is ranked better than
66.79% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs LSE:MRK: 9.22

Marks Electrical Group's Days Sales Outstanding increased from Sep. 2022 (6.84) to Sep. 2023 (8.56).

Marks Electrical Group Days Sales Outstanding Historical Data

The historical data trend for Marks Electrical Group'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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Marks Electrical Group Days Sales Outstanding Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

2.66

1.71

0.40

0.28

0.26

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial				4.85	4.25	6.84	5.41	8.56

Competitive Comparison of Marks Electrical Group's Days Sales Outstanding

For the Internet Retail subindustry, Marks Electrical Group'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.

Marks Electrical Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks Electrical Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Marks Electrical Group's Days Sales Outstanding falls into.

Marks Electrical Group 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.

Marks Electrical Group'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
=	( (0.068	+	0.069)	/	2 )	/	97.754	*	365
=	0.0685					/	97.754	*	365
=	0.26

Marks Electrical Group'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
=	( (0.069	+	4.985)	/	2 )	/	53.858	*	365 / 2
=	2.527					/	53.858	*	365 / 2
=	8.56

Marks Electrical Group (LSE:MRK) Days Sales Outstanding Explanation

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

Marks Electrical Group Days Sales Outstanding Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.