Vale (VALE) Days Sales Outstanding : 26.37 (As of Dec. 2023)

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What is Vale Days Sales Outstanding?

Vale's average Accounts Receivable for the three months ended in Dec. 2023 was $3,773 Mil. Vale's Revenue for the three months ended in Dec. 2023 was $13,054 Mil. Hence, Vale's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.37.

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

VALE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.22 Med: 33.18 Max: 43.34
Current: 31.04

During the past 13 years, Vale's highest Days Sales Outstanding was 43.34. The lowest was 24.22. And the median was 33.18.

VALE's Days Sales Outstanding is ranked better than
58.86% of 790 companies
in the Metals & Mining industry
Industry Median: 42.04 vs VALE: 31.04

Vale's Days Sales Outstanding increased from Dec. 2022 (24.72) to Dec. 2023 (26.37).

Vale Days Sales Outstanding Historical Data

The historical data trend for Vale'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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Vale Days Sales Outstanding Chart

Vale Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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25.85

34.71

29.83

34.27

37.20

Vale Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															24.72	37.90	26.67	27.12	26.37

Competitive Comparison of Vale's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Vale'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.

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

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

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

Vale 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.

Vale'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
=	( (4319	+	4197)	/	2 )	/	41784	*	365
=	4258					/	41784	*	365
=	37.20

Vale'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3348	+	4197)	/	2 )	/	13054	*	365 / 4
=	3772.5					/	13054	*	365 / 4
=	26.37

Vale (NYSE:VALE) Days Sales Outstanding Explanation

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

Vale Days Sales Outstanding Related Terms

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Vale (VALE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (NYSE:VALE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VALE:Mexico 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil VALE:Argentina

Address

Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website

https://www.vale.com

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.