Westgold Resources (ASX:WGX) Days Sales Outstanding : 4.74 (As of Dec. 2023)

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What is Westgold Resources Days Sales Outstanding?

Westgold Resources's average Accounts Receivable for the six months ended in Dec. 2023 was A$9.4 Mil. Westgold Resources's Revenue for the six months ended in Dec. 2023 was A$363.1 Mil. Hence, Westgold Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 4.74.

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

ASX:WGX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4.2
Current: 4.2

During the past 7 years, Westgold Resources's highest Days Sales Outstanding was 4.20. The lowest was 0.00. And the median was 0.00.

ASX:WGX's Days Sales Outstanding is ranked better than
90.46% of 786 companies
in the Metals & Mining industry
Industry Median: 42.355 vs ASX:WGX: 4.20

Westgold Resources's Days Sales Outstanding increased from Dec. 2022 (3.88) to Dec. 2023 (4.74).

Westgold Resources Days Sales Outstanding Historical Data

The historical data trend for Westgold 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.

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Westgold Resources Days Sales Outstanding Chart

Westgold Resources Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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Westgold Resources Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										4.29	3.97	3.88	3.63	4.74

Competitive Comparison of Westgold Resources's Days Sales Outstanding

For the Gold subindustry, Westgold 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.

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

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

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

Westgold 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.

Westgold Resources'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
=	( (0	+	0)	/	1 )	/	654.371	*	365
=	0					/	654.371	*	365
=	0.00

Westgold 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	9.431)	/	1 )	/	363.099	*	365 / 2
=	9.431					/	363.099	*	365 / 2
=	4.74

Westgold Resources (ASX:WGX) Days Sales Outstanding Explanation

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

Westgold Resources Days Sales Outstanding Related Terms

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Westgold Resources (ASX:WGX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

WGXRF:USA 0W2:Germany

Address

200 St Georges Terrace, Level 6, Perth, WA, AUS, 6000

Website

https://www.westgold.com.au

Westgold Resources Ltd is engaged in the exploration, development, and operation of gold mines, predominantly in Western Australia. The company comprises the following reportable segments - Murchison Operations, Bryah Operations and others. Murchison Operations segment contributes to the vast majority of revenue.

Westgold Resources (ASX:WGX) Headlines

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