GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premier1 Lithium Ltd (ASX:PLC) » Definitions » Days Sales Outstanding

Premier1 Lithium (ASX:PLC) Days Sales Outstanding : 224.04 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Premier1 Lithium Days Sales Outstanding?

Premier1 Lithium's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.70 Mil. Premier1 Lithium's Revenue for the six months ended in Dec. 2023 was A$0.57 Mil. Hence, Premier1 Lithium's Days Sales Outstanding for the six months ended in Dec. 2023 was 224.04.

The historical rank and industry rank for Premier1 Lithium's Days Sales Outstanding or its related term are showing as below:

ASX:PLC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.57   Med: 110.59   Max: 154.32
Current: 154.32

During the past 3 years, Premier1 Lithium's highest Days Sales Outstanding was 154.32. The lowest was 75.57. And the median was 110.59.

ASX:PLC's Days Sales Outstanding is ranked worse than
80.48% of 789 companies
in the Metals & Mining industry
Industry Median: 43.06 vs ASX:PLC: 154.32

Premier1 Lithium's Days Sales Outstanding increased from Dec. 2022 (50.37) to Dec. 2023 (224.04).


Premier1 Lithium Days Sales Outstanding Historical Data

The historical data trend for Premier1 Lithium'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.

* Premium members only.

Premier1 Lithium Days Sales Outstanding Chart

Premier1 Lithium Annual Data
Trend Jun21 Jun22 Jun23
Days Sales Outstanding
- 145.61 75.57

Premier1 Lithium Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding - 50.37 138.73 224.04

Competitive Comparison of Premier1 Lithium's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Premier1 Lithium'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.


Premier1 Lithium's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Premier1 Lithium's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Premier1 Lithium's Days Sales Outstanding falls into.



Premier1 Lithium 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.

Premier1 Lithium's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (0.326 + 0.961) / 2 ) / 3.108*365
=0.6435 / 3.108*365
=75.57

Premier1 Lithium'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
=( (0.961 + 0.436) / 2 ) / 0.569*365 / 2
=0.6985 / 0.569*365 / 2
=224.04

* 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.


Premier1 Lithium  (ASX:PLC) Days Sales Outstanding Explanation

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


Premier1 Lithium Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Premier1 Lithium's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier1 Lithium (ASX:PLC) Business Description

Traded in Other Exchanges
N/A
Address
10 Queen Street, Level 3, Melbourne, VIC, AUS, 3000
SensOre Ltd is focused on fast-tracking the mines of tomorrow. The company operates in three business divisions namely Exploration Services, Exploration, and Technology. Its AI-enhanced exploration approach has a number of potential benefits for the mining industry.

Premier1 Lithium (ASX:PLC) Headlines