Mag Mile Capital (Mag Mile Capital) Days Sales Outstanding : 0.00 (As of Dec. 2023)

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What is Mag Mile Capital Days Sales Outstanding?

Mag Mile Capital's average Accounts Receivable for the three months ended in Dec. 2023 was $0.37 Mil. Mag Mile Capital's Revenue for the three months ended in Dec. 2023 was $0.43 Mil. Hence, Mag Mile Capital's Days Sales Outstanding for the three months ended in Dec. 2023 was 77.82.

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

MMCP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0 Med: 0 Max: 96.51
Current: 96.51

During the past 3 years, Mag Mile Capital's highest Days Sales Outstanding was 96.51. The lowest was 0.00. And the median was 0.00.

MMCP's Days Sales Outstanding is not ranked
in the Banks industry.
Industry Median: 46.755 vs MMCP: 96.51

Mag Mile Capital's Days Sales Outstanding stayed the same from Oct. 2022 (0.00) to Dec. 2023 (0.00).

Mag Mile Capital Days Sales Outstanding Historical Data

The historical data trend for Mag Mile Capital'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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Mag Mile Capital Days Sales Outstanding Chart

Mag Mile Capital Annual Data

Trend

Jul21

Jul22

Dec23

Days Sales Outstanding

Mag Mile Capital Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					-	-	31.80	-	-

Competitive Comparison of Mag Mile Capital's Days Sales Outstanding

For the Mortgage Finance subindustry, Mag Mile Capital'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.

Mag Mile Capital's Days Sales Outstanding Distribution in the Banks Industry

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

* The bar in red indicates where Mag Mile Capital's Days Sales Outstanding falls into.

Mag Mile Capital 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.

Mag Mile Capital'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: Jul. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.919	*	365
=	0					/	1.919	*	365
=	0.00

Mag Mile Capital'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: Jul. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.365	+	0)	/	1 )	/	0.428	*	365 / 4
=	0.365					/	0.428	*	365 / 4
=	77.82

Mag Mile Capital (OTCPK:MMCP) Days Sales Outstanding Explanation

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

Mag Mile Capital Days Sales Outstanding Related Terms

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Mag Mile Capital (Mag Mile Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mag Mile Capital Inc (OTCPK:MMCP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7950 W. Sunset Boulevard, Suite 629, Los Angeles, CA, USA, 90046

Website

https://www.magmilecapital.com

Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. Mag Mile Capital is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, It leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary.

Mag Mile Capital (Mag Mile Capital) Headlines

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