Kumba Iron Ore (Kumba Iron Ore) Days Sales Outstanding : 24.53 (As of Dec. 2023)

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What is Kumba Iron Ore Days Sales Outstanding?

Kumba Iron Ore's average Accounts Receivable for the six months ended in Dec. 2023 was $346 Mil. Kumba Iron Ore's Revenue for the six months ended in Dec. 2023 was $2,574 Mil. Hence, Kumba Iron Ore's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.53.

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

KIROY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.9 Med: 20.55 Max: 35.03
Current: 21.8

During the past 13 years, Kumba Iron Ore's highest Days Sales Outstanding was 35.03. The lowest was 13.90. And the median was 20.55.

KIROY's Days Sales Outstanding is ranked better than
80.33% of 600 companies
in the Steel industry
Industry Median: 49.315 vs KIROY: 21.80

Kumba Iron Ore's Days Sales Outstanding declined from Dec. 2022 (31.19) to Dec. 2023 (24.53).

Kumba Iron Ore Days Sales Outstanding Historical Data

The historical data trend for Kumba Iron Ore'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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Kumba Iron Ore Days Sales Outstanding Chart

Kumba Iron Ore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.97

20.80

21.30

18.83

19.19

Kumba Iron Ore 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															27.21	25.68	31.19	22.20	24.53

Competitive Comparison of Kumba Iron Ore's Days Sales Outstanding

For the Steel subindustry, Kumba Iron Ore'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.

Kumba Iron Ore's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kumba Iron Ore's Days Sales Outstanding falls into.

Kumba Iron Ore 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.

Kumba Iron Ore'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
=	( (145.775	+	340.851)	/	2 )	/	4628.075	*	365
=	243.313					/	4628.075	*	365
=	19.19

Kumba Iron Ore'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
=	( (350.977	+	340.851)	/	2 )	/	2573.687	*	365 / 2
=	345.914					/	2573.687	*	365 / 2
=	24.53

Kumba Iron Ore (OTCPK:KIROY) Days Sales Outstanding Explanation

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

Kumba Iron Ore Days Sales Outstanding Related Terms

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Kumba Iron Ore (Kumba Iron Ore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kumba Iron Ore Ltd (OTCPK:KIROY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KIO:South Africa KUI:Germany

Address

144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.angloamericankumba.com

Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.

Kumba Iron Ore (Kumba Iron Ore) Headlines

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