MINISO Group Holding (MEX:MNSO) Days Sales Outstanding : 20.39 (As of Jun. 2024)

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What is MINISO Group Holding Days Sales Outstanding?

MINISO Group Holding's average Accounts Receivable for the three months ended in Jun. 2024 was MXN2,277 Mil. MINISO Group Holding's Revenue for the three months ended in Jun. 2024 was MXN10,190 Mil. Hence, MINISO Group Holding's Days Sales Outstanding for the three months ended in Jun. 2024 was 20.39.

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

MEX:MNSO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.2 Med: 12.33 Max: 28.16
Current: 28.16

During the past 6 years, MINISO Group Holding's highest Days Sales Outstanding was 28.16. The lowest was 11.20. And the median was 12.33.

MEX:MNSO's Days Sales Outstanding is ranked worse than
63.69% of 1074 companies
in the Retail - Cyclical industry
Industry Median: 18.51 vs MEX:MNSO: 28.16

MINISO Group Holding's Days Sales Outstanding declined from Jun. 2023 (31.50) to Jun. 2024 (20.39).

MINISO Group Holding Days Sales Outstanding Historical Data

The historical data trend for MINISO Group Holding'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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MINISO Group Holding Days Sales Outstanding Chart

MINISO Group Holding Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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12.33

11.34

12.40

11.14

24.10

MINISO Group Holding Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															31.50	29.82	33.82	36.84	20.39

Competitive Comparison of MINISO Group Holding's Days Sales Outstanding

For the Specialty Retail subindustry, MINISO Group Holding'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.

MINISO Group Holding's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MINISO Group Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MINISO Group Holding's Days Sales Outstanding falls into.

MINISO Group Holding 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.

MINISO Group Holding'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
=	( (873.45	+	2753.395)	/	2 )	/	27466.072	*	365
=	1813.4225					/	27466.072	*	365
=	24.10

MINISO Group Holding'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
=	( (3319.018	+	1234.808)	/	2 )	/	10190.015	*	365 / 4
=	2276.913					/	10190.015	*	365 / 4
=	20.39

MINISO Group Holding (MEX:MNSO) Days Sales Outstanding Explanation

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

MINISO Group Holding Days Sales Outstanding Related Terms

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MINISO Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MINISO Group Holding Ltd (MEX:MNSO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MNSO:USA 09896:Hong Kong MIF0:Germany

Address

No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.miniso.com

MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand, which is engaged in the Design, buying and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying and sale of pop toys. The company generates maximum revenue from the MINISO brand segment. Geographically, it derives a majority of its revenue from China.