Market (ASX:MKT) Days Sales Outstanding : 24.58 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Market Days Sales Outstanding?

Market's average Accounts Receivable for the six months ended in Dec. 2023 was A$6.33 Mil. Market's Revenue for the six months ended in Dec. 2023 was A$47.02 Mil. Hence, Market's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.58.

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

ASX:MKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.88 Med: 37.74 Max: 64.25
Current: 38.31

During the past 7 years, Market's highest Days Sales Outstanding was 64.25. The lowest was 19.88. And the median was 37.74.

ASX:MKT's Days Sales Outstanding is ranked better than
62.17% of 571 companies
in the Interactive Media industry
Industry Median: 44.94 vs ASX:MKT: 38.31

Market's Days Sales Outstanding declined from Dec. 2022 (52.53) to Dec. 2023 (24.58).

Market Days Sales Outstanding Historical Data

The historical data trend for Market'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.

Market Days Sales Outstanding Chart

Market Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

64.25

37.74

34.21

28.98

19.88

Market Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										40.03	34.19	52.53	45.54	24.58

Competitive Comparison of Market's Days Sales Outstanding

For the Internet Content & Information subindustry, Market'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.

Market's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Market's Days Sales Outstanding distribution charts can be found below:

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

Market 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.

Market'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
=	( (2.212	+	6.68)	/	2 )	/	81.616	*	365
=	4.446					/	81.616	*	365
=	19.88

Market'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
=	( (6.68	+	5.983)	/	2 )	/	47.019	*	365 / 2
=	6.3315					/	47.019	*	365 / 2
=	24.58

Market (ASX:MKT) Days Sales Outstanding Explanation

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

Market Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Market's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Market (ASX:MKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Market Ltd (ASX:MKT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 11, BGC Centre, 28 The Esplanade, Perth, WA, AUS, 6000

Website

https://www.themarketherald.com.au

Market Ltd Formerly The Market Herald Ltd is engaged in the provision of a stock market internet discussion forum, communications and investor relations, consultancy services, and a news platform. The company has Three operating segments, which involve the operation of the HotCopper and the Market Herald websites, The Market Herald segment, and the Stockhouse website, being the Stockhouse segment. car leasing business, being the Subscribacar segment. The stock House Segment Generates maximum revenue.

Market (ASX:MKT) Headlines

No Headlines