Newton Resources (HKSE:01231) Days Sales Outstanding : 9.60 (As of Dec. 2024)

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What is Newton Resources Days Sales Outstanding?

Newton Resources's average Accounts Receivable for the six months ended in Dec. 2024 was HK$55 Mil. Newton Resources's Revenue for the six months ended in Dec. 2024 was HK$1,051 Mil. Hence, Newton Resources's Days Sales Outstanding for the six months ended in Dec. 2024 was 9.60.

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

HKSE:01231' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.32 Med: 12.77 Max: 335.16
Current: 16.4

During the past 13 years, Newton Resources's highest Days Sales Outstanding was 335.16. The lowest was 2.32. And the median was 12.77.

HKSE:01231's Days Sales Outstanding is ranked better than
86% of 607 companies
in the Steel industry
Industry Median: 50.94 vs HKSE:01231: 16.40

Newton Resources's Days Sales Outstanding declined from Dec. 2023 (11.04) to Dec. 2024 (9.60).

Newton Resources Days Sales Outstanding Historical Data

The historical data trend for Newton 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.

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Newton Resources Days Sales Outstanding Chart

Newton Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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21.81

66.80

7.85

11.05

17.71

Newton Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															8.52	6.07	11.04	20.51	9.60

Competitive Comparison of Newton Resources's Days Sales Outstanding

For the Steel subindustry, Newton 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.

Newton Resources's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Newton Resources's Days Sales Outstanding distribution charts can be found below:

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

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Newton 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.

Newton Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (214.965	+	18.827)	/	2 )	/	2409.264	*	365
=	116.896					/	2409.264	*	365
=	17.71

Newton Resources's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (91.744	+	18.827)	/	2 )	/	1050.808	*	365 / 2
=	55.2855					/	1050.808	*	365 / 2
=	9.60

Newton Resources (HKSE:01231) Days Sales Outstanding Explanation

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

Newton Resources Days Sales Outstanding Related Terms

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Newton Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Newton Resources Ltd (HKSE:01231) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8NW:Germany

Address

248 Queen\'s Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG

Website

https://www.newton-resources.com

Newton Resources Ltd is engaged in the trading of iron ore and other commodities. The company has one reportable segment that is Resources Business. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China which derives key revenue, and other countries.

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