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Mitchells & Butlers (LSE:MAB) Days Sales Outstanding : 7.84 (As of Sep. 2023)


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What is Mitchells & Butlers Days Sales Outstanding?

Mitchells & Butlers's average Accounts Receivable for the six months ended in Sep. 2023 was £53 Mil. Mitchells & Butlers's Revenue for the six months ended in Sep. 2023 was £1,222 Mil. Hence, Mitchells & Butlers's Days Sales Outstanding for the six months ended in Sep. 2023 was 7.84.

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

LSE:MAB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.46   Med: 1.08   Max: 5.74
Current: 5.74

During the past 13 years, Mitchells & Butlers's highest Days Sales Outstanding was 5.74. The lowest was 0.46. And the median was 1.08.

LSE:MAB's Days Sales Outstanding is ranked better than
73.16% of 339 companies
in the Restaurants industry
Industry Median: 11.44 vs LSE:MAB: 5.74

Mitchells & Butlers's Days Sales Outstanding increased from Sep. 2022 (6.16) to Sep. 2023 (7.84).


Mitchells & Butlers Days Sales Outstanding Historical Data

The historical data trend for Mitchells & Butlers'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.

Mitchells & Butlers Days Sales Outstanding Chart

Mitchells & Butlers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.48 2.40 1.82 2.19

Mitchells & Butlers Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.09 5.30 6.16 7.19 7.84

Competitive Comparison of Mitchells & Butlers's Days Sales Outstanding

For the Restaurants subindustry, Mitchells & Butlers'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.


Mitchells & Butlers's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mitchells & Butlers's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mitchells & Butlers's Days Sales Outstanding falls into.



Mitchells & Butlers 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.

Mitchells & Butlers's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (13 + 17) / 2 ) / 2503*365
=15 / 2503*365
=2.19

Mitchells & Butlers's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (88 + 17) / 2 ) / 1222*365 / 2
=52.5 / 1222*365 / 2
=7.84

* 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.


Mitchells & Butlers  (LSE:MAB) Days Sales Outstanding Explanation

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


Mitchells & Butlers Days Sales Outstanding Related Terms

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Mitchells & Butlers (LSE:MAB) Business Description

Traded in Other Exchanges
Address
27 Fleet Street, Birmingham, GBR, B3 1JP
Mitchells & Butlers PLC operates more than 1,500 restaurants and pubs, predominantly in the United Kingdom. Total revenue is split roughly evenly between food sales and beverage sales. The company's brands include All Bar One, Alex, Harvester, Toby Carvery, Browns, Vintage Inns, Castle, Sizzling Pubs, and Miller & Carter. Nearly a quarter of Mitchells & Butlers' total sales are generated in London, and its only locations outside the United Kingdom are in Germany.

Mitchells & Butlers (LSE:MAB) Headlines