Movement Industries (Movement Industries) Days Sales Outstanding : 253.78 (As of Jun. 2023)

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What is Movement Industries Days Sales Outstanding?

Movement Industries's average Accounts Receivable for the six months ended in Jun. 2023 was $0.60 Mil. Movement Industries's Revenue for the six months ended in Jun. 2023 was $0.87 Mil. Hence, Movement Industries's Days Sales Outstanding for the six months ended in Jun. 2023 was 126.89.

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

MVNT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 199.6 Med: 226.69 Max: 253.78
Current: 253.78

During the past 2 years, Movement Industries's highest Days Sales Outstanding was 253.78. The lowest was 199.60. And the median was 226.69.

MVNT's Days Sales Outstanding is ranked worse than
85.13% of 511 companies
in the Asset Management industry
Industry Median: 48.8 vs MVNT: 253.78

Movement Industries's Days Sales Outstanding increased from . 20 (0.00) to Jun. 2023 (253.78).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Movement Industries Days Sales Outstanding Historical Data

The historical data trend for Movement Industries'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.

Movement Industries Days Sales Outstanding Chart

Movement Industries Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

199.60

253.78

Movement Industries Semi-Annual Data
	Jun22	Jun23
Days Sales Outstanding	199.60	253.78

Competitive Comparison of Movement Industries's Days Sales Outstanding

For the Asset Management subindustry, Movement Industries'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.

Movement Industries's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Movement Industries's Days Sales Outstanding distribution charts can be found below:

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

Movement Industries 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.

Movement Industries's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.572	+	0.635)	/	2 )	/	0.868	*	365
=	0.6035					/	0.868	*	365
=	253.78

Movement Industries's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.572	+	0.635)	/	2 )	/	0.868	*	365 / 2
=	0.6035					/	0.868	*	365 / 2
=	126.89

Movement Industries (OTCPK:MVNT) Days Sales Outstanding Explanation

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

Movement Industries Days Sales Outstanding Related Terms

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Movement Industries (Movement Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Movement Industries Corp (OTCPK:MVNT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6829 Flintlock Road, Houston, TX, USA, 77040

Website

https://www.mvmnt.in

Movement Industries Corp is engaged in investments in emerging growth companies in the energy, oil and gas, and industrial manufacturing sectors. The company also offers its services to utilities, technology, agriculture, and medical industries. It provides valves, actuators, pumps, tanks, and wellhead control panels, CNC Machining, Waterjet, Plasma, Laser Cutting, Welding and Fabrication, control systems, and communication systems among its many products and services. The company operates in North America, South America and is expanding globally with new ventures into Africa and market studies into the European and Asian markets.