Vertex Minerals (ASX:VTX) Days Sales Outstanding : 194.55 (As of Dec. 2023)

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What is Vertex Minerals Days Sales Outstanding?

Vertex Minerals's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.06 Mil. Vertex Minerals's Revenue for the six months ended in Dec. 2023 was A$0.05 Mil. Hence, Vertex Minerals's Days Sales Outstanding for the six months ended in Dec. 2023 was 194.55.

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

ASX:VTX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0 Med: 0 Max: 445.35
Current: 445.35

During the past 2 years, Vertex Minerals's highest Days Sales Outstanding was 445.35. The lowest was 0.00. And the median was 0.00.

ASX:VTX's Days Sales Outstanding is ranked worse than
88.42% of 786 companies
in the Metals & Mining industry
Industry Median: 42.355 vs ASX:VTX: 445.35

Vertex Minerals's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (194.55).

Vertex Minerals Days Sales Outstanding Historical Data

The historical data trend for Vertex Minerals'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.

Vertex Minerals Days Sales Outstanding Chart

Vertex Minerals Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

Vertex Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	-	-	194.55

Competitive Comparison of Vertex Minerals's Days Sales Outstanding

For the Gold subindustry, Vertex Minerals'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.

Vertex Minerals's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vertex Minerals's Days Sales Outstanding falls into.

Vertex Minerals 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.

Vertex Minerals'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
=	( (0.027	+	0.042)	/	2 )	/	0	*	365
=	0.0345					/	0	*	365
=	N/A

Vertex Minerals'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
=	( (0.042	+	0.071)	/	2 )	/	0.053	*	365 / 2
=	0.0565					/	0.053	*	365 / 2
=	194.55

Vertex Minerals (ASX:VTX) Days Sales Outstanding Explanation

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

Vertex Minerals Days Sales Outstanding Related Terms

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Vertex Minerals (ASX:VTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vertex Minerals Ltd (ASX:VTX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VTXXF:USA

Address

460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011

Website

https://www.vertexminerals.com

Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

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