McRae Industries (McRae Industries) Days Sales Outstanding : 67.28 (As of Jul. 2023)

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What is McRae Industries Days Sales Outstanding?

McRae Industries's average Accounts Receivable for the six months ended in Jul. 2023 was $23.0 Mil. McRae Industries's Revenue for the six months ended in Jul. 2023 was $124.7 Mil. Hence, McRae Industries's Days Sales Outstanding for the six months ended in Jul. 2023 was 33.64.

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

MCRAA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.18 Med: 53.83 Max: 76.29
Current: 67.28

During the past 13 years, McRae Industries's highest Days Sales Outstanding was 76.29. The lowest was 37.18. And the median was 53.83.

MCRAA's Days Sales Outstanding is ranked worse than
64.57% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.35 vs MCRAA: 67.28

McRae Industries's Days Sales Outstanding increased from Jul. 2021 (43.29) to Jul. 2023 (67.28).

McRae Industries Days Sales Outstanding Historical Data

The historical data trend for McRae Industries'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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McRae Industries Days Sales Outstanding Chart

McRae Industries Annual Data

Trend

Jul99

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul21

Jul22

Jul23

Days Sales Outstanding

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50.12

61.40

43.29

76.29

67.28

McRae Industries Semi-Annual Data
	Jul89	Jul90	Jul91	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
Days Sales Outstanding	Get a 7-Day Free Trial															50.12	61.40	43.29	76.29	67.28

Competitive Comparison of McRae Industries's Days Sales Outstanding

For the Footwear & Accessories subindustry, McRae Industries'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.

McRae Industries's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Days Sales Outstanding distribution charts can be found below:

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

McRae Industries 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.

McRae Industries's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (26.092	+	19.88)	/	2 )	/	124.702	*	365
=	22.986					/	124.702	*	365
=	67.28

McRae Industries's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

	Days Sales Outstanding (Q: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (26.092	+	19.88)	/	2 )	/	124.702	*	365 / 2
=	22.986					/	124.702	*	365 / 2
=	33.64

McRae Industries (OTCPK:MCRAA) Days Sales Outstanding Explanation

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

McRae Industries Days Sales Outstanding Related Terms

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McRae Industries (McRae Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » McRae Industries Inc (OTCPK:MCRAA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MCRAB:USA

Address

400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306

Website

http://www.mcraeindustries.com

McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.