Sims (SMSMY) Days Sales Outstanding : 29.38 (As of Dec. 2024)

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What is Sims Days Sales Outstanding?

Sims's average Accounts Receivable for the six months ended in Dec. 2024 was $372 Mil. Sims's Revenue for the six months ended in Dec. 2024 was $2,309 Mil. Hence, Sims's Days Sales Outstanding for the six months ended in Dec. 2024 was 29.38.

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

SMSMY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.71 Med: 21.32 Max: 34.74
Current: 34.74

During the past 13 years, Sims's highest Days Sales Outstanding was 34.74. The lowest was 17.71. And the median was 21.32.

SMSMY's Days Sales Outstanding is ranked better than
68.09% of 608 companies
in the Steel industry
Industry Median: 50.6 vs SMSMY: 34.74

Sims's Days Sales Outstanding increased from Dec. 2023 (27.75) to Dec. 2024 (29.38).

Sims Days Sales Outstanding Historical Data

The historical data trend for Sims'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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Sims Days Sales Outstanding Chart

Sims Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

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20.47

21.98

19.92

22.75

23.89

Sims 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															26.73	23.41	27.75	36.46	29.38

Competitive Comparison of Sims's Days Sales Outstanding

For the Steel subindustry, Sims'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.

Sims's Days Sales Outstanding Distribution in the Steel Industry

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

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

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Sims 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.

Sims'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
=	( (322.685	+	302.722)	/	2 )	/	4777.822	*	365
=	312.7035					/	4777.822	*	365
=	23.89

Sims'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
=	( (302.722	+	440.595)	/	2 )	/	2308.74	*	365 / 2
=	371.6585					/	2308.74	*	365 / 2
=	29.38

Sims (OTCPK:SMSMY) Days Sales Outstanding Explanation

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

Sims Days Sales Outstanding Related Terms

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Sims Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sims Ltd (OTCPK:SMSMY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

I8M:Germany SGM:Australia

Address

189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.simsltd.com

Sims is the world's largest publicly traded metal and electronics recycler, with about three-fourths of earnings generated in North America and the remainder from Australia and New Zealand. Its main business is the buying, processing, and selling of scrap metal. Sims North American segment comprises the largest ferrous scrap recycler in North America, trading as Sims Metal Management, and 50% owned SA Recycling. Almost all sales are of ferrous metals with less than 10% of sales volumes from more valuable nonferrous metals retrieved in the scrap recycling process.