MMG (HKSE:01208) Days Sales Outstanding : 33.33 (As of Dec. 2023)

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What is MMG Days Sales Outstanding?

MMG's average Accounts Receivable for the six months ended in Dec. 2023 was HK$3,494 Mil. MMG's Revenue for the six months ended in Dec. 2023 was HK$19,136 Mil. Hence, MMG's Days Sales Outstanding for the six months ended in Dec. 2023 was 33.33.

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

HKSE:01208' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.52 Med: 24.87 Max: 36.78
Current: 30.95

During the past 13 years, MMG's highest Days Sales Outstanding was 36.78. The lowest was 15.52. And the median was 24.87.

HKSE:01208's Days Sales Outstanding is ranked better than
59.11% of 790 companies
in the Metals & Mining industry
Industry Median: 42.45 vs HKSE:01208: 30.95

MMG's Days Sales Outstanding increased from Dec. 2022 (29.04) to Dec. 2023 (33.33).

MMG Days Sales Outstanding Historical Data

The historical data trend for MMG'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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MMG Days Sales Outstanding Chart

MMG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.91

36.78

18.48

15.52

23.80

MMG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															28.53	28.22	29.04	36.09	33.33

Competitive Comparison of MMG's Days Sales Outstanding

For the Copper subindustry, MMG'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.

MMG's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMG's Days Sales Outstanding distribution charts can be found below:

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

MMG 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.

MMG'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
=	( (1655.955	+	2770.917)	/	2 )	/	33945.296	*	365
=	2213.436					/	33945.296	*	365
=	23.80

MMG'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4218.071	+	2770.917)	/	2 )	/	19136.353	*	365 / 2
=	3494.494					/	19136.353	*	365 / 2
=	33.33

MMG (HKSE:01208) Days Sales Outstanding Explanation

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

MMG Days Sales Outstanding Related Terms

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MMG (HKSE:01208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMG Ltd (HKSE:01208) » Definitions » Days Sales Outstanding

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MMLTF:USA OMS1:Germany

Address

79 Chatham Road South, Unit 1208, 12th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.mmg.com

MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, gold, silver, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, and others. Las Bambas mine is an open-pit, scalable, long-life copper and molybdenum mining operation; Kinsevere is an open-pit copper mining operation located in the Haut-Katanga Province; Dugald River mine is an underground zinc mining operation located near Cloncurry in North West Queensland; Rosebery is an underground polymetallic base metal mining operation located on Tasmania's west coast; and Other Includes corporate entities in the Group. The majority is from the Las Bambas segment. The key revenue by metal is derived from Copper.

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