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Freeport-McMoRan (Freeport-McMoRan) Days Sales Outstanding

: 15.46 (As of Dec. 2023)
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Freeport-McMoRan's average Accounts Receivable for the three months ended in Dec. 2023 was $1,001 Mil. Freeport-McMoRan's Revenue for the three months ended in Dec. 2023 was $5,905 Mil. Hence, Freeport-McMoRan's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.46.

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

FCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.44   Med: 20.66   Max: 27.24
Current: 16.44

During the past 13 years, Freeport-McMoRan's highest Days Sales Outstanding was 27.24. The lowest was 16.44. And the median was 20.66.

FCX's Days Sales Outstanding is ranked better than
73.82% of 787 companies
in the Metals & Mining industry
Industry Median: 41.93 vs FCX: 16.44

Freeport-McMoRan's Days Sales Outstanding declined from Dec. 2022 (17.27) to Dec. 2023 (15.46).


Freeport-McMoRan Days Sales Outstanding Historical Data

The historical data trend for Freeport-McMoRan'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.

Freeport-McMoRan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.89 20.99 16.46 20.06 20.32

Freeport-McMoRan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 17.27 20.91 14.39 11.49 15.46

Competitive Comparison

For the Copper subindustry, Freeport-McMoRan'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.


Freeport-McMoRan Days Sales Outstanding Distribution

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

* The bar in red indicates where Freeport-McMoRan's Days Sales Outstanding falls into.



Freeport-McMoRan 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.

Freeport-McMoRan'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
=( (1336 + 1209) / 2 ) / 22855*365
=1272.5 / 22855*365
=20.32

Freeport-McMoRan'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (792 + 1209) / 2 ) / 5905*365 / 4
=1000.5 / 5905*365 / 4
=15.46

* 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.


Freeport-McMoRan  (NYSE:FCX) Days Sales Outstanding Explanation

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


Freeport-McMoRan Days Sales Outstanding Related Terms

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Freeport-McMoRan (Freeport-McMoRan) Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
Ellie L. Mikes officer: Chief Accounting Officer 333 N. CENTRAL AVE., PHOENIX AZ 85004
Currault Douglas N. Ii officer: Senior VP & General Counsel 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Ryan Michael Lance director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
David P Abney director 55 GLENLAKE PARWAY, NE, ATLANTA GA 30328
Robert W. Dudley director 333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Dustan E Mccoy director
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Whitmire C Donald Jr officer: Vice President and Controller
Maree E. Robertson officer: SVP & CFO 333 N. CENTRAL AVE., PHOENIX AZ 85004
Stephen T. Higgins officer: Senior VP & CAO 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Kathleen L Quirk officer: SVP, CFO, Treasurer 1615 POYDRAS STREET, NEW ORLEANS LA 70112
Richard C Adkerson officer: President and CFO
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201