Teck Resources (Teck Resources) Days Sales Outstanding

: 42.40 (As of Dec. 2023)

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Teck Resources's average Accounts Receivable for the three months ended in Dec. 2023 was $1,423 Mil. Teck Resources's Revenue for the three months ended in Dec. 2023 was $3,062 Mil. Hence, Teck Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.40.

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

TECK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.29 Med: 45.57 Max: 49.61
Current: 40.69

During the past 13 years, Teck Resources's highest Days Sales Outstanding was 49.61. The lowest was 34.29. And the median was 45.57.

TECK's Days Sales Outstanding is ranked better than
50.95% of 787 companies
in the Metals & Mining industry
Industry Median: 41.93 vs TECK: 40.69

Teck Resources's Days Sales Outstanding declined from Dec. 2022 (47.30) to Dec. 2023 (42.40).

Teck Resources Days Sales Outstanding Historical Data

The historical data trend for Teck 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.

* Premium members only.

Teck Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

33.93

47.83

47.06

38.25

43.82

Teck Resources 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																47.30	39.14	38.37	38.79	42.40

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Teck 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.

Teck Resources Days Sales Outstanding Distribution

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

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

Teck 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.

Teck Resources'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
=	( (1124.034	+	1562.314)	/	2 )	/	11188.879	*	365
=	1343.174					/	11188.879	*	365
=	43.82

Teck Resources'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
=	( (1282.98	+	1562.314)	/	2 )	/	3062.016	*	365 / 4
=	1422.647					/	3062.016	*	365 / 4
=	42.40

Teck Resources (NYSE:TECK) Days Sales Outstanding Explanation

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

Teck Resources Days Sales Outstanding Related Terms

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Teck Resources (Teck Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (NYSE:TECK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TCKRF:USA TECK:Mexico TEKB:Germany TECK.B:Canada TECK.A:Canada

Address

550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3

Website

https://www.teck.com

Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.