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

Sandfire Resources (ASX:SFR) Days Sales Outstanding : 23.32 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Sandfire Resources Days Sales Outstanding?

Sandfire Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$78 Mil. Sandfire Resources's Revenue for the six months ended in Dec. 2023 was A$612 Mil. Hence, Sandfire Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.32.

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

ASX:SFR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.67   Med: 7.48   Max: 30.99
Current: 30.99

During the past 13 years, Sandfire Resources's highest Days Sales Outstanding was 30.99. The lowest was 5.67. And the median was 7.48.

ASX:SFR's Days Sales Outstanding is ranked better than
59.06% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs ASX:SFR: 30.99

Sandfire Resources's Days Sales Outstanding declined from Dec. 2022 (26.52) to Dec. 2023 (23.32).


Sandfire Resources Days Sales Outstanding Historical Data

The historical data trend for Sandfire 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.

Sandfire Resources Days Sales Outstanding Chart

Sandfire 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 5.67 9.27 9.08 7.62 13.05

Sandfire 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 7.67 6.34 26.52 29.54 23.32

Competitive Comparison of Sandfire Resources's Days Sales Outstanding

For the Copper subindustry, Sandfire 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.


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

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

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



Sandfire 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.

Sandfire 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
=( (45.856 + 37.496) / 2 ) / 1165.728*365
=41.676 / 1165.728*365
=13.05

Sandfire 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
=( (37.496 + 118.97) / 2 ) / 612.325*365 / 2
=78.233 / 612.325*365 / 2
=23.32

* 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.


Sandfire Resources  (ASX:SFR) Days Sales Outstanding Explanation

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


Sandfire Resources Days Sales Outstanding Related Terms

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


Sandfire Resources (ASX:SFR) Business Description

Traded in Other Exchanges
Address
10 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005
Sandfire is a copper-focused mineral exploration and development company. The company's operating segment includes Degrussa operation, MATSA Operations, Black Butte Project, Motheo Operations, Exploration, and Other. The company generates the majority of its revenue from MATSA operation, which consists of the Minas De Aguas Teñidas (MATSA) polymetallic mining complex in Spain, comprising three underground mines and a 4.7Mtpa central processing facility. The mines generate revenue from the sale and delivery of copper, zinc and lead concentrates to customers in Spain. Geographically the company generates the majority of its revenue from Spain.

Sandfire Resources (ASX:SFR) Headlines

From GuruFocus

Weekly 3-Year Low Highlights: SWAY, CBPX, IBP, BTH, GMAN

By Jimmy Xiao gurujx 06-23-2014

Third Avenue Adds to Portfolio-Leading Stake in Weyerhaeuer

By David Goodloe David Goodloe 12-30-2014