Mineral Commodities (ASX:MRC) Days Sales Outstanding: 28.02 (As of Dec. 2017)

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What is Mineral Commodities Days Sales Outstanding?

Mineral Commodities ASX:MRC Days Sales Outstanding is 28.02 as of Dec. 2017.

Mineral Commodities's average Accounts Receivable for the six months ended in Dec. 2017 was A$5.93 Mil. Mineral Commodities's Revenue for the six months ended in Dec. 2017 was A$38.65 Mil. Hence, Mineral Commodities's Days Sales Outstanding for the six months ended in Dec. 2017 was 28.02.

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

ASX:MRC's Days Sales Outstanding is not ranked *
in the Metals & Mining industry.
Industry Median: 37.33
* Ranked among companies with meaningful Days Sales Outstanding only.

Mineral Commodities's Days Sales Outstanding increased from Dec. 2016 (27.15) to Dec. 2017 (28.02).


Mineral Commodities  (ASX:MRC) Days Sales Outstanding Explanation

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


Mineral Commodities Days Sales Outstanding Related Terms


Mineral Commodities Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Mineral Commodities'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.

Mineral Commodities Days Sales Outstanding Chart

Mineral Commodities Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 6.86 11.48 15.39 13.86

Mineral Commodities Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 109.68 38.52 27.15 20.48 28.02

Mineral Commodities Days Sales Outstanding Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Commodities'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.


Mineral Commodities Days Sales Outstanding vs Metals & Mining Industry

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

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



Mineral Commodities 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.

Mineral Commodities's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

Days Sales Outstanding (A: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (1.462 + 4.471) / 2 ) / 78.116*365
=2.9665 / 78.116*365
=13.86

Mineral Commodities's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding (Q: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2017 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (7.398 + 4.471) / 2 ) / 38.648*365 / 2
=5.9345 / 38.648*365 / 2
=28.02

* 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 28.02 mean?
Mineral Commodities (ASX:MRC) has a Days Sales Outstanding of 28.02 as of Dec. 2017. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Mineral Commodities and its competitors.
Is Mineral Commodities' Days Sales Outstanding too high?
Mineral Commodities' current Days Sales Outstanding is 28.02. The Metals & Mining industry median Days Sales Outstanding is 37.33. Mineral Commodities' value of 28.02 is 24.9% below this industry median.
How does Mineral Commodities' Days Sales Outstanding compare to competitors?
Mineral Commodities' Days Sales Outstanding of 28.02 can be compared against companies in the Metals & Mining industry. The industry median Days Sales Outstanding is 37.33. Mineral Commodities' value of 28.02 is 24.9% 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 37.33, based on 781 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. Mineral Commodities's current Days Sales Outstanding of 28.02 is 24.9% 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 Mineral Commodities and its competitors. For the Metals & Mining industry, the median Days Sales Outstanding is 37.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Commodities's current Days Sales Outstanding is 28.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Commodities stock overvalued right now?
Mineral Commodities (ASX:MRC) has a current Days Sales Outstanding of 28.02. The current Days Sales Outstanding is 28.02 and 24.9% below the Metals & Mining industry median of 37.33. 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 Mineral Commodities (ASX:MRC), the current Days Sales Outstanding is 28.02 as of Dec. 2017. 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.

Mineral Commodities Business Description

Address 161 Great Eastern Highway, Level 2, Belmont, WA, AUS, 6104
Mineral Commodities Ltd is a mineral exploration and development company. It has Tormin Mineral Sands projects in South Africa. The company is also engaged in graphite mining and processing at the Skaland Graphite Operation in Norway, exploration and evaluation for the future development of the Munglinup Graphite Project in Australia, and evaluation for the future development of an Active Anode Materials Plant to produce graphitic anode materials in Australia and Norway. Its reportable segments are the Tormin Project which generates key revenue, Xolobeni Project, Skaland Project, Australia exploration, and Corporate.