GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lynas Rare Earths Ltd (ASX:LYC) » Definitions » Days Sales Outstanding

Lynas Rare Earths (ASX:LYC) Days Sales Outstanding : 34.81 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Lynas Rare Earths Days Sales Outstanding?

Lynas Rare Earths's average Accounts Receivable for the six months ended in Dec. 2023 was A$45.2 Mil. Lynas Rare Earths's Revenue for the six months ended in Dec. 2023 was A$237.1 Mil. Hence, Lynas Rare Earths's Days Sales Outstanding for the six months ended in Dec. 2023 was 34.81.

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

ASX:LYC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.93   Med: 8.04   Max: 35.84
Current: 35.51

During the past 13 years, Lynas Rare Earths's highest Days Sales Outstanding was 35.84. The lowest was 2.93. And the median was 8.04.

ASX:LYC's Days Sales Outstanding is ranked better than
54.99% of 791 companies
in the Metals & Mining industry
Industry Median: 42.39 vs ASX:LYC: 35.51

Lynas Rare Earths's Days Sales Outstanding declined from Dec. 2022 (48.93) to Dec. 2023 (34.81).


Lynas Rare Earths Days Sales Outstanding Historical Data

The historical data trend for Lynas 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.

Lynas Rare Earths Days Sales Outstanding Chart

Lynas Rare Earths Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 6.46 8.51 25.97 35.84

Lynas Rare Earths 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 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 36.40 32.53 48.93 32.88 34.81

Competitive Comparison of Lynas Rare Earths's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Lynas 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.


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

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

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



Lynas 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.

Lynas Rare Earths's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (105.382 + 49.192) / 2 ) / 787.123*365
=77.287 / 787.123*365
=35.84

Lynas Rare Earths'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
=( (49.192 + 41.238) / 2 ) / 237.064*365 / 2
=45.215 / 237.064*365 / 2
=34.81

* 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.


Lynas Rare Earths  (ASX:LYC) Days Sales Outstanding Explanation

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


Lynas Rare Earths Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Lynas Rare Earths's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Lynas Rare Earths (ASX:LYC) Business Description

Traded in Other Exchanges
Address
1 Howard Street, Level 4, Perth, WA, AUS, 6000
Lynas Rare Earths Ltd is an Australian firm. It operates in a single segment and is engaged in integrated extraction and processing of Rare Earth minerals, in Australia and Malaysia; and the Development of Rare Earth deposits. It is focused on the Kalgoorlie project.

Lynas Rare Earths (ASX:LYC) Headlines

No Headlines