Magis SpA (MIL:MGS) Days Sales Outstanding : 79.78 (As of Dec. 2022)

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What is Magis SpA Days Sales Outstanding?

Magis SpA's average Accounts Receivable for the six months ended in Dec. 2022 was €18.03 Mil. Magis SpA's Revenue for the six months ended in Dec. 2022 was €41.24 Mil. Hence, Magis SpA's Days Sales Outstanding for the six months ended in Dec. 2022 was 79.78.

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

MIL:MGS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.91 Med: 63.82 Max: 67.32
Current: 56.12

During the past 4 years, Magis SpA's highest Days Sales Outstanding was 67.32. The lowest was 53.91. And the median was 63.82.

MIL:MGS's Days Sales Outstanding is ranked better than
59.17% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs MIL:MGS: 56.12

Magis SpA's Days Sales Outstanding increased from Dec. 2021 (71.12) to Dec. 2022 (79.78).

Magis SpA Days Sales Outstanding Historical Data

The historical data trend for Magis SpA'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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Magis SpA Days Sales Outstanding Chart

Magis SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

67.32

61.35

53.91

66.29

Magis SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			51.46	71.12	63.17	79.78	-

Competitive Comparison of Magis SpA's Days Sales Outstanding

For the Specialty Chemicals subindustry, Magis SpA'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.

Magis SpA's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Magis SpA's Days Sales Outstanding distribution charts can be found below:

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

Magis SpA 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.

Magis SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (13.817	+	14.837)	/	2 )	/	78.89	*	365
=	14.327					/	78.89	*	365
=	66.29

Magis SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (22.243	+	13.817)	/	2 )	/	41.244	*	365 / 2
=	18.03					/	41.244	*	365 / 2
=	79.78

Magis SpA (MIL:MGS) Days Sales Outstanding Explanation

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

Magis SpA Days Sales Outstanding Related Terms

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Magis SpA (MIL:MGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Magis SpA (MIL:MGS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050

Website

http://www.magis.it

Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.

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