Madison Square Garden Entertainment (Madison Square Garden Entertainment) Days Sales Outstanding : 22.91 (As of Dec. 2023)

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What is Madison Square Garden Entertainment Days Sales Outstanding?

Madison Square Garden Entertainment's average Accounts Receivable for the three months ended in Dec. 2023 was $101.1 Mil. Madison Square Garden Entertainment's Revenue for the three months ended in Dec. 2023 was $402.7 Mil. Hence, Madison Square Garden Entertainment's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.91.

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

MSGE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.66 Med: 47.56 Max: 302.51
Current: 40.62

During the past 4 years, Madison Square Garden Entertainment's highest Days Sales Outstanding was 302.51. The lowest was 35.66. And the median was 47.56.

MSGE's Days Sales Outstanding is ranked worse than
58.75% of 800 companies
in the Travel & Leisure industry
Industry Median: 29.875 vs MSGE: 40.62

Madison Square Garden Entertainment's Days Sales Outstanding declined from Dec. 2022 (25.85) to Dec. 2023 (22.91).

Madison Square Garden Entertainment Days Sales Outstanding Historical Data

The historical data trend for Madison Square Garden Entertainment'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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Madison Square Garden Entertainment Days Sales Outstanding Chart

Madison Square Garden Entertainment Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

302.51

47.56

35.66

Madison Square Garden Entertainment Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						25.85	52.48	60.00	52.65	22.91

Competitive Comparison of Madison Square Garden Entertainment's Days Sales Outstanding

For the Leisure subindustry, Madison Square Garden Entertainment'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.

Madison Square Garden Entertainment's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Madison Square Garden Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Entertainment's Days Sales Outstanding falls into.

Madison Square Garden Entertainment 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.

Madison Square Garden Entertainment'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
=	( (102.501	+	63.898)	/	2 )	/	851.496	*	365
=	83.1995					/	851.496	*	365
=	35.66

Madison Square Garden Entertainment'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (100.203	+	101.955)	/	2 )	/	402.666	*	365 / 4
=	101.079					/	402.666	*	365 / 4
=	22.91

Madison Square Garden Entertainment (NYSE:MSGE) Days Sales Outstanding Explanation

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

Madison Square Garden Entertainment Days Sales Outstanding Related Terms

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Madison Square Garden Entertainment (Madison Square Garden Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Madison Square Garden Entertainment Corp (NYSE:MSGE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Pennsylvania Plaza, New York, NY, USA, 10121

Website

https://www.msgentertainment.com

Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.

Executives

Madison Square Garden Entertainment Corp.	10 percent owner, other: See Remarks	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Thomas Charles Dolan	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Donna Coleman	director	2 PENNSYLVANIA PLAZA, NEW YORK NY 10121
Martin Bandier	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan	director	11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Charles P Dolan	director	2 PENN PLAZA, NEW YORK NY 10121
Ryan Thomas Dolan	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Paul Joseph Dolan	other: Trustee of 13(d) Group Member	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Mary S Dolan	other: Trustee of 13(d) Group Member	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ryan Dolan 1989 Trust	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Tara Dolan 1989 Trust	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Kathleen M. Dolan	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Deborah Dolan-sweeney	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Thomas C. Dolan	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Marianne Dolan Weber	other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112