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Massimo Group (Massimo Group) Days Sales Outstanding : 35.97 (As of Mar. 2024)


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What is Massimo Group Days Sales Outstanding?

Massimo Group's average Accounts Receivable for the three months ended in Mar. 2024 was $11.89 Mil. Massimo Group's Revenue for the three months ended in Mar. 2024 was $30.15 Mil. Hence, Massimo Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.97.

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

MAMO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.01   Med: 30.92   Max: 39
Current: 39

During the past 3 years, Massimo Group's highest Days Sales Outstanding was 39.00. The lowest was 26.01. And the median was 30.92.

MAMO's Days Sales Outstanding is ranked better than
74.9% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.24 vs MAMO: 39.00

Massimo Group's Days Sales Outstanding increased from Dec. 2022 (24.98) to Mar. 2024 (35.97).

Massimo Group Days Sales Outstanding Historical Data

The historical data trend for Massimo Group'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.

Massimo Group Days Sales Outstanding Chart

Massimo Group Annual Data
Trend Dec21 Dec22 Dec23
Days Sales Outstanding
34.61 30.92 26.01

Massimo Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial 24.98 33.09 24.90 20.45 35.97

Competitive Comparison of Massimo Group's Days Sales Outstanding

For the Recreational Vehicles subindustry, Massimo Group'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.

Massimo Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Massimo Group's Days Sales Outstanding distribution charts can be found below:

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


Massimo Group 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.

Massimo Group'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
=( (6.832 + 9.566) / 2 ) / 115.038*365
=8.199 / 115.038*365
=26.01

Massimo Group'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
=( (9.566 + 14.204) / 2 ) / 30.152*365 / 4
=11.885 / 30.152*365 / 4
=35.97

* 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.

Massimo Group  (NAS:MAMO) Days Sales Outstanding Explanation

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

Massimo Group Days Sales Outstanding Related Terms

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Massimo Group (Massimo Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Massimo Group (NAS:MAMO) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
3101 W Miller Road, Garland, TX, USA, TX 75041
Website
https://www.massimomotor.com
Massimo Group is engaged in the mid-tier band the ("Mid-Tier Band") of the Powersports Vehicles and Boats Industry. It manufacture, import and distribute a diversified portfolio of products divided into two main lines: (1) a motor sports brand consisting of utility terrain vehicles ("UTVs"), all-terrain vehicles ("ATVs"), motorcycles, scooters, golf carts and a juvenile line from go karts to balance bikes; and (2) a motor boat line consisting of pontoon and tritoon boats ("Pontoon Boats").

Massimo Group (Massimo Group) Headlines

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