Continental Coal (ASX:CCC) Days Sales Outstanding: 18.16 (As of Jun. 2014) — 36% Below Median

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What is Continental Coal Days Sales Outstanding?

Continental Coal ASX:CCC Days Sales Outstanding is 18.16 as of Jun. 2014, which is 36% below its 10-year median of 28.53. The stock has 4 warning signs investors should review.

Continental Coal's average Accounts Receivable for the six months ended in Jun. 2014 was A$3.00 Mil. Continental Coal's Revenue for the six months ended in Jun. 2014 was A$30.11 Mil. Hence, Continental Coal's Days Sales Outstanding for the six months ended in Jun. 2014 was 18.16.

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

ASX:CCC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.92   Med: 28.53   Max: 49.62
Current: 15.92

During the past 4 years, Continental Coal's highest Days Sales Outstanding was 49.62. The lowest was 15.92. And the median was 28.53.

ASX:CCC's Days Sales Outstanding is not ranked
in the Steel industry.
Industry Median: 51.24 vs ASX:CCC: 15.92

Continental Coal's Days Sales Outstanding declined from Jun. 2013 (40.11) to Jun. 2014 (18.16).


Continental Coal  (ASX:CCC) Days Sales Outstanding Explanation

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


Continental Coal Days Sales Outstanding Related Terms


Continental Coal Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Days Sales Outstanding Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Days Sales Outstanding
49.62 30.43 33.34 20.14

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Days Sales Outstanding Get a 7-Day Free Trial 33.72 50.56 40.11 21.69 18.16

Continental Coal Days Sales Outstanding Competitor Comparison

For the Coking Coal subindustry, Continental Coal'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.


Continental Coal Days Sales Outstanding vs Steel Industry

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

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



Continental Coal 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.

Continental Coal's Days Sales Outstanding for the fiscal year that ended in Jun. 2014 is calculated as

Days Sales Outstanding (A: Jun. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2013 ) + Accounts Receivable (A: Jun. 2014 )) / count ) / Revenue (A: Jun. 2014 )*Days in Period
=( (4.588 + 2.996) / 2 ) / 68.706*365
=3.792 / 68.706*365
=20.14

Continental Coal's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding (Q: Jun. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Jun. 2014 )) / count ) / Revenue (A: Jun. 2014 )*Days in Period
=( (0 + 2.996) / 1 ) / 30.109*365 / 2
=2.996 / 30.109*365 / 2
=18.16

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 18.16 mean?
Continental Coal (ASX:CCC) has a Days Sales Outstanding of 18.16 as of Jun. 2014. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Continental Coal and its competitors. This is 36% below median its historical median of 28.53. Over the past decade, Continental Coal's Days Sales Outstanding has ranged from 15.92 to 49.62.
Is Continental Coal's Days Sales Outstanding too high?
Continental Coal's current Days Sales Outstanding of 18.16 is 36% below median its 10-year median of 28.53. Over the past 10 years, this metric has ranged from a low of 15.92 to a high of 49.62. The Steel industry median Days Sales Outstanding is 51.24. Continental Coal's value of 18.16 is 64.6% below this industry median.
How does Continental Coal's Days Sales Outstanding compare to competitors?
Continental Coal's Days Sales Outstanding of 18.16 can be compared against companies in the Steel industry. The industry median Days Sales Outstanding is 51.24. Continental Coal's value of 18.16 is 64.6% below this benchmark. Historically, Continental Coal's own Days Sales Outstanding has ranged from 15.92 to 49.62 over the past decade. While the company's 10-year median is 28.53 vs. the industry median of 51.24, Continental Coal has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Steel company?
The median Days Sales Outstanding among Steel companies is 51.24, based on 605 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Continental Coal's current Days Sales Outstanding of 18.16 is 64.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Continental Coal and its competitors. For the Steel industry, the median Days Sales Outstanding is 51.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Continental Coal's current Days Sales Outstanding is 18.16, which is 36% below median its own 10-year median of 28.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Days Sales Outstanding of 18.16. The current Days Sales Outstanding is 18.16, which is 36% below median its 10-year median of 28.53 and 64.6% below the Steel industry median of 51.24. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Days Sales Outstanding is 18.16 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.