Marex Group (Marex Group) Days Sales Outstanding : 111.35 (As of Mar. 2024)

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What is Marex Group Days Sales Outstanding?

Marex Group's average Accounts Receivable for the three months ended in Mar. 2024 was $823.8 Mil. Marex Group's Revenue for the three months ended in Mar. 2024 was $675.1 Mil. Hence, Marex Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 111.35.

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

MRX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.86 Med: 335.39 Max: 865.17
Current: 260.84

During the past 3 years, Marex Group's highest Days Sales Outstanding was 865.17. The lowest was 74.86. And the median was 335.39.

MRX's Days Sales Outstanding is ranked worse than
77.64% of 559 companies
in the Capital Markets industry
Industry Median: 64.67 vs MRX: 260.84

Marex Group's Days Sales Outstanding increased from Dec. 2021 (0.00) to Mar. 2024 (111.35).

Marex Group Days Sales Outstanding Historical Data

The historical data trend for Marex 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.

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Marex Group Days Sales Outstanding Chart

Marex Group Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

865.17

335.39

74.86

Marex Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Days Sales Outstanding	-	-	22.31	-	111.35

Competitive Comparison of Marex Group's Days Sales Outstanding

For the Capital Markets subindustry, Marex 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.

Marex Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marex Group's Days Sales Outstanding distribution charts can be found below:

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

Marex 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.

Marex 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
=	( (141.1	+	823.8)	/	2 )	/	2352.3	*	365
=	482.45					/	2352.3	*	365
=	74.86

Marex 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
=	( (823.8	+	0)	/	1 )	/	675.1	*	365 / 4
=	823.8					/	675.1	*	365 / 4
=	111.35

Marex Group (NAS:MRX) Days Sales Outstanding Explanation

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

Marex Group Days Sales Outstanding Related Terms

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Marex Group (Marex Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Bishopsgate, London, GBR, EC2M 3TQ

Website

https://www.marex.com

Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group (Marex Group) Headlines

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