Red River Resources (ASX:RVR) Days Sales Outstanding : 11.85 (As of Jun. 2022)

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What is Red River Resources Days Sales Outstanding?

Red River Resources's average Accounts Receivable for the six months ended in Jun. 2022 was A$3.3 Mil. Red River Resources's Revenue for the six months ended in Jun. 2022 was A$50.8 Mil. Hence, Red River Resources's Days Sales Outstanding for the six months ended in Jun. 2022 was 11.85.

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

ASX:RVR's Days Sales Outstanding is not ranked ^*
in the Metals & Mining industry.
Industry Median: 42.94
* Ranked among companies with meaningful Days Sales Outstanding only.

Red River Resources's Days Sales Outstanding declined from Jun. 2021 (14.72) to Jun. 2022 (11.85).

Red River Resources Days Sales Outstanding Historical Data

The historical data trend for Red River 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.

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Red River Resources Days Sales Outstanding Chart

Red River Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Sales Outstanding

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5.01

6.55

13.41

11.36

9.30

Red River Resources Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Sales Outstanding	Get a 7-Day Free Trial															13.19	7.75	14.72	15.13	11.85

Competitive Comparison of Red River Resources's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Red River 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.

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

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

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

Red River 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.

Red River Resources's Days Sales Outstanding for the fiscal year that ended in Jun. 2022 is calculated as

	Days Sales Outstanding (A: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (4.843	+	0.96)	/	2 )	/	113.927	*	365
=	2.9015					/	113.927	*	365
=	9.30

Red River Resources's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding (Q: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (5.633	+	0.96)	/	2 )	/	50.762	*	365 / 2
=	3.2965					/	50.762	*	365 / 2
=	11.85

Red River Resources (ASX:RVR) Days Sales Outstanding Explanation

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

Red River Resources Days Sales Outstanding Related Terms

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Red River Resources (ASX:RVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red River Resources Ltd (ASX:RVR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

18144 Flinders Highway, Thalanga Mine, Charters Towers, QLD, AUS, 4820

Website

https://www.redriverresources.com.au

Red River Resources Ltd is seeking to build a multi-asset operating business focused on base and precious metals with the objective of delivering prosperity through lean and clever resource development. Its foundation asset is the Thalanga Base Metal Operation in Northern Queensland, where the company commenced copper, lead and zinc concentrate production in September 2017. It has acquired the high-grade Hillgrove Gold Project in New South Wales, which will enable the company to build a multi-asset operating business focused on base and precious metals. The company operates only in the industry of exploration for and development of minerals in Australia.