Sphere Entertainment Co (STU:MQ2) Days Sales Outstanding : 50.84 (As of Mar. 2024)

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What is Sphere Entertainment Co Days Sales Outstanding?

Sphere Entertainment Co's average Accounts Receivable for the three months ended in Mar. 2024 was €164.7 Mil. Sphere Entertainment Co's Revenue for the three months ended in Mar. 2024 was €295.6 Mil. Hence, Sphere Entertainment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.84.

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

STU:MQ2' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.57 Med: 49.18 Max: 92.12
Current: 66.14

During the past 7 years, Sphere Entertainment Co's highest Days Sales Outstanding was 92.12. The lowest was 17.57. And the median was 49.18.

STU:MQ2's Days Sales Outstanding is ranked better than
51.51% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs STU:MQ2: 66.14

Sphere Entertainment Co's Days Sales Outstanding declined from Mar. 2023 (119.69) to Mar. 2024 (50.84).

Sphere Entertainment Co Days Sales Outstanding Historical Data

The historical data trend for Sphere Entertainment Co'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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Sphere Entertainment Co Days Sales Outstanding Chart

Sphere Entertainment Co Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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27.88

17.53

69.28

85.35

75.92

Sphere Entertainment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															119.69	116.38	86.94	43.09	50.84

Competitive Comparison of Sphere Entertainment Co's Days Sales Outstanding

For the Entertainment subindustry, Sphere Entertainment Co'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.

Sphere Entertainment Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sphere Entertainment Co's Days Sales Outstanding falls into.

Sphere Entertainment Co 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.

Sphere Entertainment Co'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
=	( (116.667	+	103.661)	/	2 )	/	529.646	*	365
=	110.164					/	529.646	*	365
=	75.92

Sphere Entertainment Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (165.027	+	164.406)	/	2 )	/	295.624	*	365 / 4
=	164.7165					/	295.624	*	365 / 4
=	50.84

Sphere Entertainment Co (STU:MQ2) Days Sales Outstanding Explanation

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

Sphere Entertainment Co Days Sales Outstanding Related Terms

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Sphere Entertainment Co (STU:MQ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sphere Entertainment Co (STU:MQ2) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SPHR:USA

Address

Two Penn Plaza, New York, NY, USA, 10121

Website

https://www.sphereentertainmentco.com

Sphere Entertainment Co is live entertainment and media company. The firm creates, writes, cast, produce, and tour shows and events. The company's portfolio includes Sphere, a next-generation entertainment medium to the world. The group has three reportable segments which include Entertainment, MSG Networks, and Tao Group Hospitality.

Sphere Entertainment Co (STU:MQ2) Headlines

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