Universal Music Group NV (XAMS:UMG) Days Sales Outstanding

: 45.86 (As of Jun. 2023)

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Universal Music Group NV's average Accounts Receivable for the six months ended in Jun. 2023 was €1,294 Mil. Universal Music Group NV's Revenue for the six months ended in Jun. 2023 was €5,148 Mil. Hence, Universal Music Group NV's Days Sales Outstanding for the six months ended in Jun. 2023 was 45.86.

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

XAMS:UMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.04 Med: 37.67 Max: 60.33
Current: 53.33

During the past 6 years, Universal Music Group NV's highest Days Sales Outstanding was 60.33. The lowest was 18.04. And the median was 37.67.

XAMS:UMG's Days Sales Outstanding is ranked better than
64.29% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.385 vs XAMS:UMG: 53.33

Universal Music Group NV's Days Sales Outstanding declined from Jun. 2022 (50.71) to Jun. 2023 (45.86).

Universal Music Group NV Days Sales Outstanding Historical Data

The historical data trend for Universal Music Group NV'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.

Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

60.33

52.31

37.67

21.03

18.04

Universal Music Group NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding					37.82	31.56	50.71	43.05	45.86

Competitive Comparison

For the Entertainment subindustry, Universal Music Group NV'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.

Universal Music Group NV Days Sales Outstanding Distribution

For the Media - Diversified industry and Communication Services sector, Universal Music Group NV's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Universal Music Group NV's Days Sales Outstanding falls into.

Universal Music Group NV 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.

Universal Music Group NV's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (504	+	518)	/	2 )	/	10340	*	365
=	511					/	10340	*	365
=	18.04

Universal Music Group NV's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (518	+	2069)	/	2 )	/	5148	*	365 / 2
=	1293.5					/	5148	*	365 / 2
=	45.86

Universal Music Group NV (XAMS:UMG) Days Sales Outstanding Explanation

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

Universal Music Group NV Days Sales Outstanding Related Terms

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Universal Music Group NV (XAMS:UMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (XAMS:UMG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMGNF:USA UMGa:UK 0VD:Germany UMG:Austria

Address

Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW

Website

https://www.universalmusic.com

Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.

Universal Music Group NV (XAMS:UMG) Headlines

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