Alkane Resources (Alkane Resources) Days Sales Outstanding : 7.04 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Alkane Resources Days Sales Outstanding?

Alkane Resources's average Accounts Receivable for the six months ended in Dec. 2023 was $2.3 Mil. Alkane Resources's Revenue for the six months ended in Dec. 2023 was $59.6 Mil. Hence, Alkane Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.04.

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

ANLKY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.18 Med: 1.37 Max: 7.28
Current: 7.28

During the past 13 years, Alkane Resources's highest Days Sales Outstanding was 7.28. The lowest was 0.18. And the median was 1.37.

ANLKY's Days Sales Outstanding is ranked better than
85.48% of 792 companies
in the Metals & Mining industry
Industry Median: 42.325 vs ANLKY: 7.28

Alkane Resources's Days Sales Outstanding increased from Dec. 2022 (4.29) to Dec. 2023 (7.04).

Alkane Resources Days Sales Outstanding Historical Data

The historical data trend for Alkane 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.

Alkane Resources Days Sales Outstanding Chart

Alkane Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

1.37

3.54

1.42

0.19

0.35

Alkane 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															4.80	4.34	4.29	4.26	7.04

Competitive Comparison of Alkane Resources's Days Sales Outstanding

For the Gold subindustry, Alkane 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.

Alkane Resources's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alkane Resources's Days Sales Outstanding distribution charts can be found below:

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

Alkane 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.

Alkane 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
=	( (0.085	+	0.161)	/	2 )	/	127.87	*	365
=	0.123					/	127.87	*	365
=	0.35

Alkane 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
=	( (0.161	+	4.437)	/	2 )	/	59.612	*	365 / 2
=	2.299					/	59.612	*	365 / 2
=	7.04

Alkane Resources (OTCPK:ANLKY) Days Sales Outstanding Explanation

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

Alkane Resources Days Sales Outstanding Related Terms

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

Alkane Resources (Alkane Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alkane Resources Ltd (OTCPK:ANLKY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ALKEF:USA AK7:Germany ALK:Australia

Address

66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005

Website

https://www.alkane.com.au

Alkane Resources Ltd owns and operates Tomingley Gold Operations, an open pit and underground gold mining development, located 50km southwest of Dubbo. It also holds several prospective gold and copper tenements in Central West NSW, including the Boda deposit 20km north of Wellington. The initial Boda and Kaiser resource estimates suggest a genuine prospect for a large-tonnage gold-copper development.

Alkane Resources (Alkane Resources) Headlines

From GuruFocus

Alkane Resources Ltd Boda Resource Webinar Transcript

By GuruFocus Research • 02-12-2024

Alkane Resources Ltd at 121 Mining Investment London Conference Transcript

By GuruFocus Research • 02-12-2024