West African Resources (ASX:WAF) Days Sales Outstanding: 28.38 (As of Dec. 2025)

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ASX:WAF West African Resources Ltd ASX:WAF
95 GF Score
Price A$3.78
GF Value A$4.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is West African Resources Days Sales Outstanding?

West African Resources ASX:WAF +0.80% 95 Days Sales Outstanding is 28.38 as of Dec. 2025. GuruFocus rates ASX:WAF with a GF Score™ of 95/100 and a GF Value™ of A$4.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 783 Metals & Mining companies, West African Resources ranks better than 56.58% on this metric.

West African Resources's average Accounts Receivable for the six months ended in Dec. 2025 was A$165 Mil. West African Resources's Revenue for the six months ended in Dec. 2025 was A$1,061 Mil. Hence, West African Resources's Days Sales Outstanding for the six months ended in Dec. 2025 was 28.38.

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

ASX:WAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0   Med: 0   Max: 31.38
Current: 31.38

During the past 13 years, West African Resources's highest Days Sales Outstanding was 31.38. The lowest was 0.00. And the median was 0.00.

ASX:WAF's Days Sales Outstanding is ranked better than
56.58% of 783 companies
in the Metals & Mining industry
Industry Median: 38.14 vs ASX:WAF: 31.38

West African Resources's Days Sales Outstanding declined from Dec. 2024 (47.00) to Dec. 2025 (28.38).


West African Resources  (ASX:WAF) Days Sales Outstanding Explanation

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


West African Resources Days Sales Outstanding Related Terms


West African Resources Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for West African Resources'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.

West African Resources Days Sales Outstanding Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

West African Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 33.02 52.81 47.00 63.67 28.38

ASX:WAF vs NEM, AU: Days Sales Outstanding Comparison

For the Gold subindustry, West African Resources'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.


West African Resources Days Sales Outstanding vs Metals & Mining Industry

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

* The bar in red indicates where West African Resources's Days Sales Outstanding falls into.


ASX:WAF
95GF Score
West African Resources Ltd ASX:WAF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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West African Resources 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.

West African Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 1533.8*365
=0 / 1533.8*365
=0.00

West African Resources's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding (Q: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (164.991 + 0) / 1 ) / 1060.847*365 / 2
=164.991 / 1060.847*365 / 2
=28.38

* 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 28.38 mean?
West African Resources (ASX:WAF) has a Days Sales Outstanding of 28.38 as of Dec. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on West African Resources and its competitors. According to the industry distribution chart, West African Resources ranks #340 out of 783 companies in the Metals & Mining industry, placing it in the top 43.4%.
Is West African Resources' Days Sales Outstanding too high?
West African Resources' current Days Sales Outstanding is 28.38. The Metals & Mining industry median Days Sales Outstanding is 38.14. West African Resources' value of 28.38 is 25.6% below this industry median. Based on the distribution chart, West African Resources ranks #340 out of 783 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, West African Resources has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Days Sales Outstanding compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #340 out of 783 companies for Days Sales Outstanding. This puts West African Resources in the upper half of its industry. The industry median Days Sales Outstanding is 38.14. West African Resources' value of 28.38 is 25.6% 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 38.14, based on 783 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. West African Resources's current Days Sales Outstanding of 28.38 is 25.6% 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 West African Resources and its competitors. For the Metals & Mining industry, the median Days Sales Outstanding is 38.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West African Resources's current Days Sales Outstanding is 28.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.64, compared to a current price of A$3.78 — trading 18.5% below its estimated fair value. The current Days Sales Outstanding is 28.38 and 25.6% below the Metals & Mining industry median of 38.14. West African Resources' overall GF Score™ is 95/100 with 4 warning signs to review. 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 West African Resources (ASX:WAF), the current Days Sales Outstanding is 28.38 as of Dec. 2025. 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.

Is West African Resources (ASX:WAF) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of A$3.78 is trading 18.5% below its estimated GF Value™ of A$4.64. GuruFocus considers West African Resources to be Modestly Undervalued.

Key valuation signals for ASX:WAF:

  • Days Sales Outstanding: 28.38
  • GF Value™: A$4.64 vs. price of A$3.78 (18.5% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 25.6% below the Metals & Mining median (#340 of 783)

No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West African Resources Business Description

Other Exchanges WFRSF:USAW25:Germany
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
95GF Score

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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.78
Price
A$4.64
GF Value