Lightning Minerals (ASX:L1M) Days Sales Outstanding : 224.62 (As of Dec. 2023)

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What is Lightning Minerals Days Sales Outstanding?

Lightning Minerals's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.05 Mil. Lightning Minerals's Revenue for the six months ended in Dec. 2023 was A$0.04 Mil. Hence, Lightning Minerals's Days Sales Outstanding for the six months ended in Dec. 2023 was 224.62.

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

ASX:L1M' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0 Med: 0 Max: 467.95
Current: 467.95

During the past 1 years, Lightning Minerals's highest Days Sales Outstanding was 467.95. The lowest was 0.00. And the median was 0.00.

ASX:L1M's Days Sales Outstanding is ranked worse than
88.68% of 786 companies
in the Metals & Mining industry
Industry Median: 42.45 vs ASX:L1M: 467.95

Lightning Minerals's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (224.62).

Lightning Minerals Days Sales Outstanding Historical Data

The historical data trend for Lightning Minerals'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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Lightning Minerals Days Sales Outstanding Chart

Lightning Minerals Annual Data

Trend

Jun23

Days Sales Outstanding

Lightning Minerals Semi-Annual Data
	Dec22	Jun23	Dec23
Days Sales Outstanding	-	-	224.62

Competitive Comparison of Lightning Minerals's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Lightning Minerals'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.

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

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

* The bar in red indicates where Lightning Minerals's Days Sales Outstanding falls into.

Lightning Minerals 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.

Lightning Minerals'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: . 20 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Lightning Minerals'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	+	0.048)	/	1 )	/	0.039	*	365 / 2
=	0.048					/	0.039	*	365 / 2
=	224.62

Lightning Minerals (ASX:L1M) Days Sales Outstanding Explanation

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

Lightning Minerals Days Sales Outstanding Related Terms

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Lightning Minerals (ASX:L1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lightning Minerals Ltd (ASX:L1M) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Little Collins Street,, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.lightningminerals.com.au

Lightning Minerals Ltd is a mining exploration company. Its exploration is focused on battery minerals such as Lithium, Nickel, Cobalt, Copper, and PGEs. It holds interest in Dundas Project; Mailman Hill Project; Mount Jewell Project; and Mt Bartle Project. Lightning Minerals sees a growing demand for Lithium, Nickel, Cobalt, Copper, and PGEs. Exploration is focused on fulfilling this critical minerals deficit.

Lightning Minerals (ASX:L1M) Headlines

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