Resolute Mining (ASX:RSG) Days Sales Outstanding : 3.87 (As of Dec. 2023)

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What is Resolute Mining Days Sales Outstanding?

Resolute Mining's average Accounts Receivable for the six months ended in Dec. 2023 was A$9.5 Mil. Resolute Mining's Revenue for the six months ended in Dec. 2023 was A$450.6 Mil. Hence, Resolute Mining's Days Sales Outstanding for the six months ended in Dec. 2023 was 3.87.

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

ASX:RSG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.13 Med: 1.97 Max: 6.19
Current: 2.47

During the past 13 years, Resolute Mining's highest Days Sales Outstanding was 6.19. The lowest was 0.13. And the median was 1.97.

ASX:RSG's Days Sales Outstanding is ranked better than
94.27% of 786 companies
in the Metals & Mining industry
Industry Median: 42.45 vs ASX:RSG: 2.47

Resolute Mining's Days Sales Outstanding declined from Dec. 2022 (9.61) to Dec. 2023 (3.87).

Resolute Mining Days Sales Outstanding Historical Data

The historical data trend for Resolute Mining'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.

Resolute Mining Days Sales Outstanding Chart

Resolute Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.68

0.24

0.23

0.13

2.54

Resolute Mining 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															23.12	10.62	9.61	1.13	3.87

Competitive Comparison of Resolute Mining's Days Sales Outstanding

For the Gold subindustry, Resolute Mining'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.

Resolute Mining's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

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

Resolute Mining 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.

Resolute Mining'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
=	( (0.055	+	13.062)	/	2 )	/	942.823	*	365
=	6.5585					/	942.823	*	365
=	2.54

Resolute Mining'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
=	( (6.026	+	13.062)	/	2 )	/	450.552	*	365 / 2
=	9.544					/	450.552	*	365 / 2
=	3.87

Resolute Mining (ASX:RSG) Days Sales Outstanding Explanation

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

Resolute Mining Days Sales Outstanding Related Terms

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Resolute Mining (ASX:RSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resolute Mining Ltd (ASX:RSG) » Definitions » Days Sales Outstanding

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RMGGF:USA RSG:UK RSM:Germany

Address

152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000

Website

https://www.rml.com.au

Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.