M2I (XKRX:347890) Days Sales Outstanding : 52.37 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is M2I Days Sales Outstanding?

M2I's average Accounts Receivable for the three months ended in Mar. 2024 was ₩5,374 Mil. M2I's Revenue for the three months ended in Mar. 2024 was ₩9,364 Mil. Hence, M2I's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.37.

The historical rank and industry rank for M2I's Days Sales Outstanding or its related term are showing as below:

XKRX:347890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.51 Med: 57.19 Max: 71.68
Current: 60.81

During the past 6 years, M2I's highest Days Sales Outstanding was 71.68. The lowest was 47.51. And the median was 57.19.

XKRX:347890's Days Sales Outstanding is ranked better than
65.7% of 2458 companies
in the Hardware industry
Industry Median: 74.195 vs XKRX:347890: 60.81

M2I's Days Sales Outstanding declined from Mar. 2023 (66.61) to Mar. 2024 (52.37).

M2I Days Sales Outstanding Historical Data

The historical data trend for M2I'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.

M2I Days Sales Outstanding Chart

M2I Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

65.01

47.51

49.13

54.61

59.76

M2I Quarterly Data
	Mar19	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															66.61	60.76	59.84	72.40	52.37

Competitive Comparison of M2I's Days Sales Outstanding

For the Computer Hardware subindustry, M2I'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.

M2I's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, M2I's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where M2I's Days Sales Outstanding falls into.

M2I 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.

M2I'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
=	( (6135.256	+	4676.861)	/	2 )	/	33020.955	*	365
=	5406.0585					/	33020.955	*	365
=	59.76

M2I'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
=	( (4676.861	+	6071.812)	/	2 )	/	9364.316	*	365 / 4
=	5374.3365					/	9364.316	*	365 / 4
=	52.37

M2I (XKRX:347890) Days Sales Outstanding Explanation

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

M2I Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of M2I's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

M2I (XKRX:347890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » M2I Corp (XKRX:347890) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

35-11, Jeonpa-ro 24 beon-gil, Manan-gu, Gyeonggi-do, Anyang-si, KOR, 14086

Website

http://www.m2i.co.kr

M2I Corp is engaged in the manufacturing and export of HMI systems for industrial automation applications and other applications such as the information service system and building automation system. Its products include TOPRW1000WD, TOPRW0500WD, TOPRE0400WD (NE), and TOPRH-CBL-26P among others.

M2I (XKRX:347890) Headlines

No Headlines