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Fenix Resources (ASX:FEX) Days Sales Outstanding : 25.37 (As of Dec. 2023)


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What is Fenix Resources Days Sales Outstanding?

Fenix Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$17.6 Mil. Fenix Resources's Revenue for the six months ended in Dec. 2023 was A$126.9 Mil. Hence, Fenix Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 25.37.

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

ASX:FEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.17   Med: 1.77   Max: 25.78
Current: 25.78

During the past 13 years, Fenix Resources's highest Days Sales Outstanding was 25.78. The lowest was 0.17. And the median was 1.77.

ASX:FEX's Days Sales Outstanding is ranked better than
75.67% of 600 companies
in the Steel industry
Industry Median: 49.88 vs ASX:FEX: 25.78

Fenix Resources's Days Sales Outstanding increased from Dec. 2022 (18.94) to Dec. 2023 (25.37).

Fenix Resources Days Sales Outstanding Historical Data

The historical data trend for Fenix Resources'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.

Fenix Resources Days Sales Outstanding Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.17 1.77 10.75

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.28 11.15 18.94 20.04 25.37

Competitive Comparison of Fenix Resources's Days Sales Outstanding

For the Steel subindustry, Fenix Resources'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.

Fenix Resources's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's Days Sales Outstanding distribution charts can be found below:

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


Fenix Resources 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.

Fenix Resources's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (2.346 + 9.253) / 2 ) / 196.85*365
=5.7995 / 196.85*365
=10.75

Fenix Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (9.253 + 26.032) / 2 ) / 126.934*365 / 2
=17.6425 / 126.934*365 / 2
=25.37

* 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.

Fenix Resources  (ASX:FEX) Days Sales Outstanding Explanation

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

Fenix Resources Days Sales Outstanding Related Terms

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Fenix Resources (ASX:FEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fenix Resources Ltd (ASX:FEX) » Definitions » Days Sales Outstanding
Comparable Companies
ASX:BIS ASX:IRD ASX:M4M ASX:GWR ASX:EQN ASX:EQX ASX:PLG ASX:MGX ASX:BCI ASX:VSL NUE BOM:500228 NSE:TATASTEEL XKRX:005490 SHSE:600019 STLD XAMS:MT TSE:5401 MIC:CHMF RS
Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Website
https://www.fenixresources.com.au
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.