Glencore (LSE:GLEN) Days Sales Outstanding

: 16.82 (As of Dec. 2023)

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Glencore's average Accounts Receivable for the six months ended in Dec. 2023 was £8,041 Mil. Glencore's Revenue for the six months ended in Dec. 2023 was £87,227 Mil. Hence, Glencore's Days Sales Outstanding for the six months ended in Dec. 2023 was 16.82.

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

LSE:GLEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.67 Med: 23.05 Max: 29.74
Current: 18.68

During the past 13 years, Glencore's highest Days Sales Outstanding was 29.74. The lowest was 15.67. And the median was 23.05.

LSE:GLEN's Days Sales Outstanding is ranked better than
70.98% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs LSE:GLEN: 18.68

Glencore's Days Sales Outstanding declined from Dec. 2022 (18.87) to Dec. 2023 (16.82).

Glencore Days Sales Outstanding Historical Data

The historical data trend for Glencore'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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Glencore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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24.29

23.46

16.07

15.67

19.80

Glencore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															15.80	15.00	18.87	19.47	16.82

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Glencore'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.

Glencore Days Sales Outstanding Distribution

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

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

Glencore 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.

Glencore's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (10367.588	+	8302.9)	/	2 )	/	172084.91	*	365
=	9335.244					/	172084.91	*	365
=	19.80

Glencore'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
=	( (7779.816	+	8302.9)	/	2 )	/	87227.06	*	365 / 2
=	8041.358					/	87227.06	*	365 / 2
=	16.82

Glencore (LSE:GLEN) Days Sales Outstanding Explanation

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

Glencore Days Sales Outstanding Related Terms

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Glencore (LSE:GLEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glencore PLC (LSE:GLEN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GLN:South Africa GLNCY:USA GLCNF:USA GLENl:UK 8GC:Germany

Address

Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340

Website

https://www.glencore.com

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.

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