Mineral Commodities (ASX:MRC) Days Sales Outstanding : 140.05 (As of Dec. 2023)

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What is Mineral Commodities Days Sales Outstanding?

Mineral Commodities's average Accounts Receivable for the six months ended in Dec. 2023 was A$15.27 Mil. Mineral Commodities's Revenue for the six months ended in Dec. 2023 was A$19.90 Mil. Hence, Mineral Commodities's Days Sales Outstanding for the six months ended in Dec. 2023 was 140.05.

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 Range Over the Past 10 Years
Min: 6.88 Med: 16.08 Max: 101.18
Current: 101.18

During the past 13 years, Mineral Commodities's highest Days Sales Outstanding was 101.18. The lowest was 6.88. And the median was 16.08.

ASX:MRC's Days Sales Outstanding is ranked worse than
74.46% of 787 companies
in the Metals & Mining industry
Industry Median: 42.51 vs ASX:MRC: 101.18

Mineral Commodities's Days Sales Outstanding increased from Dec. 2022 (74.36) to Dec. 2023 (140.05).

Mineral Commodities Days Sales Outstanding Historical Data

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.

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Mineral Commodities Days Sales Outstanding Chart

Mineral Commodities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.63

31.43

31.45

15.58

89.62

Mineral Commodities 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	Get a 7-Day Free Trial															30.84	46.86	74.36	77.27	140.05

Competitive Comparison of Mineral Commodities's Days Sales Outstanding

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's Days Sales Outstanding Distribution in the 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. 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
=	( (4.526	+	16.211)	/	2 )	/	42.228	*	365
=	10.3685					/	42.228	*	365
=	89.62

Mineral Commodities'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
=	( (14.331	+	16.211)	/	2 )	/	19.9	*	365 / 2
=	15.271					/	19.9	*	365 / 2
=	140.05

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

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Mineral Commodities (ASX:MRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Commodities Ltd (ASX:MRC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

58M:Germany

Address

Unit 2, 59 Belmont Avenue, Belmont, WA, AUS, 6104

Website

https://www.mineralcommodities.com

Mineral Commodities Ltd is a mineral exploration and development company. It has mineral sands projects in South Africa. It is also engaged in exploration activities in Iran, and Australia. The company has five reportable segments: Mineral sands mining and production (Tormin Mineral Sands project) - South Africa; 2. Mineral sands exploration (Xolobeni Mineral Sands project) - South Africa; 3. Graphite mining and production (Skaland) - Norway; 4. Exploration activities - Australia; and 5. Corporate (management and administration of the Company's projects) - Australia, South Africa, and Norway.