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IXRRF (Ionic Rare Earths) Days Sales Outstanding : 3.40 (As of Dec. 2024)


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What is Ionic Rare Earths Days Sales Outstanding?

Ionic Rare Earths's average Accounts Receivable for the six months ended in Dec. 2024 was $0.03 Mil. Ionic Rare Earths's Revenue for the six months ended in Dec. 2024 was $1.39 Mil. Hence, Ionic Rare Earths's Days Sales Outstanding for the six months ended in Dec. 2024 was 3.40.

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

IXRRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0   Med: 0   Max: 40.96
Current: 40.96

During the past 13 years, Ionic Rare Earths's highest Days Sales Outstanding was 40.96. The lowest was 0.00. And the median was 0.00.

IXRRF's Days Sales Outstanding is ranked worse than
50.65% of 772 companies
in the Metals & Mining industry
Industry Median: 40.21 vs IXRRF: 40.96

Ionic Rare Earths's Days Sales Outstanding increased from Dec. 2023 (0.00) to Dec. 2024 (3.40).


Ionic Rare Earths Days Sales Outstanding Historical Data

The historical data trend for Ionic Rare Earths'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.

Ionic Rare Earths Days Sales Outstanding Chart

Ionic Rare Earths Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Sales Outstanding
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Ionic Rare Earths 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 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 - - - - 3.40

Competitive Comparison of Ionic Rare Earths's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Ionic Rare Earths'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.


Ionic Rare Earths's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ionic Rare Earths's Days Sales Outstanding falls into.


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Ionic Rare Earths 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.

Ionic Rare Earths's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

Days Sales Outstanding (A: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Ionic Rare Earths'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
=( (0 + 0.026) / 1 ) / 1.394*365 / 2
=0.026 / 1.394*365 / 2
=3.40

* 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.


Ionic Rare Earths  (OTCPK:IXRRF) Days Sales Outstanding Explanation

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


Ionic Rare Earths Days Sales Outstanding Related Terms

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Ionic Rare Earths Business Description

Traded in Other Exchanges
Address
259 Colins Street, Level 5 South, Melbourne, VIC, AUS, 3000
Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.

Ionic Rare Earths Headlines