Centrex (ASX:CXM) Days Sales Outstanding: 1.31 (As of Jun. 2024)

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What is Centrex Days Sales Outstanding?

Centrex ASX:CXM Days Sales Outstanding is 1.31 as of Jun. 2024.

Centrex's average Accounts Receivable for the six months ended in Jun. 2024 was A$0.12 Mil. Centrex's Revenue for the six months ended in Jun. 2024 was A$16.39 Mil. Hence, Centrex's Days Sales Outstanding for the six months ended in Jun. 2024 was 1.31.

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

ASX:CXM's Days Sales Outstanding is not ranked *
in the Metals & Mining industry.
Industry Median: 38.43
* Ranked among companies with meaningful Days Sales Outstanding only.

Centrex's Days Sales Outstanding declined from Jun. 2023 (7.73) to Jun. 2024 (1.31).


Centrex  (ASX:CXM) Days Sales Outstanding Explanation

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


Centrex Days Sales Outstanding Related Terms


Centrex Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Centrex'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.

Centrex Days Sales Outstanding Chart

Centrex Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.41 8.48 7.95

Centrex Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 4.00 7.73 8.37 1.31

Centrex Days Sales Outstanding Competitor Comparison

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


Centrex Days Sales Outstanding vs Metals & Mining Industry

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

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



Centrex 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.

Centrex's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

Days Sales Outstanding (A: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (1.204 + 0.132) / 2 ) / 30.651*365
=0.668 / 30.651*365
=7.95

Centrex's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (0.104 + 0.132) / 2 ) / 16.386*365 / 2
=0.118 / 16.386*365 / 2
=1.31

* 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 1.31 mean?
Centrex (ASX:CXM) has a Days Sales Outstanding of 1.31 as of Jun. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Centrex and its competitors.
Is Centrex's Days Sales Outstanding too high?
Centrex's current Days Sales Outstanding is 1.31. The Metals & Mining industry median Days Sales Outstanding is 38.43. Centrex's value of 1.31 is 96.6% below this industry median.
How does Centrex's Days Sales Outstanding compare to competitors?
Centrex's Days Sales Outstanding of 1.31 can be compared against companies in the Metals & Mining industry. The industry median Days Sales Outstanding is 38.43. Centrex's value of 1.31 is 96.6% below this benchmark. 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 Metals & Mining company?
The median Days Sales Outstanding among Metals & Mining companies is 38.43, based on 782 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. Centrex's current Days Sales Outstanding of 1.31 is 96.6% 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 Centrex and its competitors. For the Metals & Mining industry, the median Days Sales Outstanding is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centrex's current Days Sales Outstanding is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrex stock overvalued right now?
Centrex (ASX:CXM) has a current Days Sales Outstanding of 1.31. The current Days Sales Outstanding is 1.31 and 96.6% below the Metals & Mining industry median of 38.43. 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 Centrex (ASX:CXM), the current Days Sales Outstanding is 1.31 as of Jun. 2024. 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.

Centrex Business Description

Address 44 Waymouth Street, Level 6, Adelaide, SA, AUS, 5000
Centrex Ltd is a mineral exploration company. The principal activity of the company is an exploration of the following areas: Phosphate project development in Queensland; Potash exploration over wholly-owned tenements in Western Australia; and gold and base metals exploration in New South Wales. Its projects include Ardmore Phosphate Rock Project, Oxley Potash Project, and Goulburn gold/base metals project. The company has two reportable segments Ardmore mining operations and Exploration. The company operates in one geographical segment; Australia.