Microchip Technology (WBO:MCHP) Days Sales Outstanding : 80.93 (As of Dec. 2023)

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What is Microchip Technology Days Sales Outstanding?

Microchip Technology's average Accounts Receivable for the three months ended in Dec. 2023 was €1,436 Mil. Microchip Technology's Revenue for the three months ended in Dec. 2023 was €1,619 Mil. Hence, Microchip Technology's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.93.

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

WBO:MCHP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.82 Med: 48.09 Max: 64.29
Current: 60.04

During the past 13 years, Microchip Technology's highest Days Sales Outstanding was 64.29. The lowest was 40.82. And the median was 48.09.

WBO:MCHP's Days Sales Outstanding is ranked better than
53.58% of 978 companies
in the Semiconductors industry
Industry Median: 62.445 vs WBO:MCHP: 60.04

Microchip Technology's Days Sales Outstanding increased from Dec. 2022 (49.86) to Dec. 2023 (80.93).

Microchip Technology Days Sales Outstanding Historical Data

The historical data trend for Microchip Technology'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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Microchip Technology Days Sales Outstanding Chart

Microchip Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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47.32

61.61

66.69

53.16

50.61

Microchip Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															49.86	50.73	55.35	63.56	80.93

Competitive Comparison of Microchip Technology's Days Sales Outstanding

For the Semiconductors subindustry, Microchip Technology'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.

Microchip Technology's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Microchip Technology's Days Sales Outstanding distribution charts can be found below:

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

Microchip Technology 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.

Microchip Technology's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (971.106	+	1214.574)	/	2 )	/	7881.746	*	365
=	1092.84					/	7881.746	*	365
=	50.61

Microchip Technology'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
=	( (1594.961	+	1277.014)	/	2 )	/	1619.147	*	365 / 4
=	1435.9875					/	1619.147	*	365 / 4
=	80.93

Microchip Technology (WBO:MCHP) Days Sales Outstanding Explanation

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

Microchip Technology Days Sales Outstanding Related Terms

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Microchip Technology (WBO:MCHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Microchip Technology Inc (WBO:MCHP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MCHP:USA 1MCHP:Italy MCP:Germany M1CH34:Brazil

Address

2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199

Website

https://www.microchip.com

Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.