Merko Ehitus AS (OTSE:MRK1T) Days Sales Outstanding : 57.85 (As of Mar. 2024)

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What is Merko Ehitus AS Days Sales Outstanding?

Merko Ehitus AS's average Accounts Receivable for the three months ended in Mar. 2024 was €51.5 Mil. Merko Ehitus AS's Revenue for the three months ended in Mar. 2024 was €81.2 Mil. Hence, Merko Ehitus AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.85.

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

OTSE:MRK1T' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.02 Med: 40.32 Max: 63.9
Current: 37.88

During the past 13 years, Merko Ehitus AS's highest Days Sales Outstanding was 63.90. The lowest was 29.02. And the median was 40.32.

OTSE:MRK1T's Days Sales Outstanding is ranked better than
83.77% of 1645 companies
in the Construction industry
Industry Median: 72.65 vs OTSE:MRK1T: 37.88

Merko Ehitus AS's Days Sales Outstanding increased from Mar. 2023 (46.27) to Mar. 2024 (57.85).

Merko Ehitus AS Days Sales Outstanding Historical Data

The historical data trend for Merko Ehitus AS'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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Merko Ehitus AS Days Sales Outstanding Chart

Merko Ehitus AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.47

31.86

29.02

36.34

40.71

Merko Ehitus AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															46.27	23.35	42.65	44.72	57.85

Competitive Comparison of Merko Ehitus AS's Days Sales Outstanding

For the Engineering & Construction subindustry, Merko Ehitus AS'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.

Merko Ehitus AS's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Merko Ehitus AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Merko Ehitus AS's Days Sales Outstanding falls into.

Merko Ehitus AS 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.

Merko Ehitus AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (49.461	+	54.558)	/	2 )	/	466.304	*	365
=	52.0095					/	466.304	*	365
=	40.71

Merko Ehitus AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (54.558	+	48.381)	/	2 )	/	81.185	*	365 / 4
=	51.4695					/	81.185	*	365 / 4
=	57.85

Merko Ehitus AS (OTSE:MRK1T) Days Sales Outstanding Explanation

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

Merko Ehitus AS Days Sales Outstanding Related Terms

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Merko Ehitus AS (OTSE:MRK1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Merko Ehitus AS (OTSE:MRK1T) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MKS:Germany

Address

Jarvevana tee 9G, Tallinn, EST, 11314

Website

https://www.group.merko.ee

Merko Ehitus AS is a construction company. It is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments that are construction service and real estate development. Construction service contributes to the majority of the revenue. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway.

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