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Ferrexpo (FRA:FEX) Days Sales Outstanding

: 36.76 (As of Dec. 2023)
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Ferrexpo's average Accounts Receivable for the six months ended in Dec. 2023 was €58.7 Mil. Ferrexpo's Revenue for the six months ended in Dec. 2023 was €291.4 Mil. Hence, Ferrexpo's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.76.

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

FRA:FEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.32   Med: 25.78   Max: 33.8
Current: 33.8

During the past 13 years, Ferrexpo's highest Days Sales Outstanding was 33.80. The lowest was 22.32. And the median was 25.78.

FRA:FEX's Days Sales Outstanding is ranked better than
68.28% of 599 companies
in the Steel industry
Industry Median: 50.01 vs FRA:FEX: 33.80

Ferrexpo's Days Sales Outstanding declined from Dec. 2022 (39.10) to Dec. 2023 (36.76).

Ferrexpo Days Sales Outstanding Historical Data

The historical data trend for Ferrexpo'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.

Ferrexpo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.72 27.43 23.77 30.21 31.36

Ferrexpo 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 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 Premium Member Only Premium Member Only Premium Member Only 30.24 27.53 39.10 20.46 36.76
Competitive Comparison

For the Steel subindustry, Ferrexpo'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.

Ferrexpo Days Sales Outstanding Distribution

For the Steel industry and Basic Materials sector, Ferrexpo's Days Sales Outstanding distribution charts can be found below:

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


Ferrexpo 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.

Ferrexpo'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
=( (27.223 + 75.488) / 2 ) / 597.696*365
=51.3555 / 597.696*365
=31.36

Ferrexpo'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
=( (41.892 + 75.488) / 2 ) / 291.409*365 / 2
=58.69 / 291.409*365 / 2
=36.76

* 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.

Ferrexpo  (FRA:FEX) Days Sales Outstanding Explanation

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

Ferrexpo Days Sales Outstanding Related Terms

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Ferrexpo (FRA:FEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ferrexpo PLC (FRA:FEX) » Definitions » Days Sales Outstanding
Comparable Companies
LSE:ZIOC LSE:VSVS NUE XKRX:005490 BOM:500228 XAMS:MT TSE:5401 NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002 MIC:CHMF X JSE:KIO CLF SZSE:000708 TSE:5411 SHSE:600010 BOM:532286
Traded in Other Exchanges
FEEXF:USA FXPOl:UK FXPO:UK FEX:Germany
Address
55 St. James’s Street, London, GBR, SW1A 1LA
Website
https://www.ferrexpo.com
Ferrexpo PLC is engaged in the mining, processing, and selling of iron ore pellets to the steel industry. It produces blast furnace pellets with iron grade. The company exports all its production to countries in Europe and Asia including Austria, Japan, Germany, South Korea, Slovakia, Turkey, China, as well as other European and Asian countries. It generates the maximum revenue from the Central Europe region.