Mega Metalnayi ve Ticaret AS (IST:MEGMT) Days Sales Outstanding : 30.49 (As of Jun. 2024)

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What is Mega Metalnayi ve Ticaret AS Days Sales Outstanding?

Mega Metalnayi ve Ticaret AS's average Accounts Receivable for the three months ended in Jun. 2024 was ₺1,546 Mil. Mega Metalnayi ve Ticaret AS's Revenue for the three months ended in Jun. 2024 was ₺4,626 Mil. Hence, Mega Metalnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Jun. 2024 was 30.49.

The historical rank and industry rank for Mega Metalnayi ve Ticaret AS's Days Sales Outstanding or its related term are showing as below:

IST:MEGMT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.33 Med: 30.15 Max: 51.52
Current: 25.9

During the past 4 years, Mega Metalnayi ve Ticaret AS's highest Days Sales Outstanding was 51.52. The lowest was 23.33. And the median was 30.15.

IST:MEGMT's Days Sales Outstanding is ranked better than
95.46% of 2949 companies
in the Industrial Products industry
Industry Median: 79.61 vs IST:MEGMT: 25.90

Mega Metalnayi ve Ticaret AS's Days Sales Outstanding increased from Jun. 2023 (25.74) to Jun. 2024 (30.49).

Mega Metalnayi ve Ticaret AS Days Sales Outstanding Historical Data

The historical data trend for Mega Metalnayi ve Ticaret AS'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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Mega Metalnayi ve Ticaret AS Days Sales Outstanding Chart

Mega Metalnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

51.52

36.07

24.23

23.33

Mega Metalnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial						25.74	21.84	22.97	23.36	30.49

Competitive Comparison of Mega Metalnayi ve Ticaret AS's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Mega Metalnayi ve Ticaret AS'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.

Mega Metalnayi ve Ticaret AS's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Metalnayi ve Ticaret AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mega Metalnayi ve Ticaret AS's Days Sales Outstanding falls into.

Mega Metalnayi ve Ticaret AS 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.

Mega Metalnayi ve Ticaret AS'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
=	( (618.974	+	880.094)	/	2 )	/	11726.94	*	365
=	749.534					/	11726.94	*	365
=	23.33

Mega Metalnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1382.841	+	1708.251)	/	2 )	/	4625.596	*	365 / 4
=	1545.546					/	4625.596	*	365 / 4
=	30.49

Mega Metalnayi ve Ticaret AS (IST:MEGMT) Days Sales Outstanding Explanation

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

Mega Metalnayi ve Ticaret AS Days Sales Outstanding Related Terms

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Mega Metalnayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mega Metal Sanayi ve Ticaret AS (IST:MEGMT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR

Website

https://www.megametal.com.tr

Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.

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