Boart Longyear (ASX:BLY) Days Sales Outstanding

: 52.59 (As of Dec. 2023)

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Boart Longyear's average Accounts Receivable for the six months ended in Dec. 2023 was A$218 Mil. Boart Longyear's Revenue for the six months ended in Dec. 2023 was A$756 Mil. Hence, Boart Longyear's Days Sales Outstanding for the six months ended in Dec. 2023 was 52.59.

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

ASX:BLY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.55 Med: 52.02 Max: 58.36
Current: 48.41

During the past 13 years, Boart Longyear's highest Days Sales Outstanding was 58.36. The lowest was 42.55. And the median was 52.02.

ASX:BLY's Days Sales Outstanding is ranked better than
50.7% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs ASX:BLY: 48.41

Boart Longyear's Days Sales Outstanding increased from Dec. 2022 (51.22) to Dec. 2023 (52.59).

Boart Longyear Days Sales Outstanding Historical Data

The historical data trend for Boart Longyear'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.

Boart Longyear Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

50.70

58.36

42.68

42.55

45.08

Boart Longyear 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																49.10	49.47	51.22	47.68	52.59

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Boart Longyear'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.

Boart Longyear Days Sales Outstanding Distribution

For the Oil & Gas industry and Energy sector, Boart Longyear's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Boart Longyear's Days Sales Outstanding falls into.

Boart Longyear 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.

Boart Longyear'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
=	( (188.642	+	199.459)	/	2 )	/	1571.168	*	365
=	194.0505					/	1571.168	*	365
=	45.08

Boart Longyear'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
=	( (236.184	+	199.459)	/	2 )	/	755.922	*	365 / 2
=	217.8215					/	755.922	*	365 / 2
=	52.59

Boart Longyear (ASX:BLY) Days Sales Outstanding Explanation

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

Boart Longyear Days Sales Outstanding Related Terms

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Boart Longyear (ASX:BLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Boart Longyear Ltd (ASX:BLY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BLYFF:USA 3JO:Germany

Address

2455 South 3600 West, Salt Lake City, UT, USA, 84119

Website

https://www.boartlongyear.com

Boart Longyear Ltd is a U.S.-based ASX-listed company with large market shares in the Global mineral drilling services and drilling equipment industries. The company operates two divisions: Global Drilling Services and Global Products. The Global Drilling Services division that derives the majority revenue operates for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, down-hole instrumentation, and parts and services.

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