Nickel Asia (PHS:NIKL) Days Sales Outstanding : 38.14 (As of Mar. 2024)

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What is Nickel Asia Days Sales Outstanding?

Nickel Asia's average Accounts Receivable for the three months ended in Mar. 2024 was ₱1,077 Mil. Nickel Asia's Revenue for the three months ended in Mar. 2024 was ₱2,577 Mil. Hence, Nickel Asia's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.14.

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

PHS:NIKL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.16 Med: 16.26 Max: 26.16
Current: 26.16

During the past 13 years, Nickel Asia's highest Days Sales Outstanding was 26.16. The lowest was 11.16. And the median was 16.26.

PHS:NIKL's Days Sales Outstanding is ranked better than
61.31% of 791 companies
in the Metals & Mining industry
Industry Median: 42.39 vs PHS:NIKL: 26.16

Nickel Asia's Days Sales Outstanding declined from Mar. 2023 (41.35) to Mar. 2024 (38.14).

Nickel Asia Days Sales Outstanding Historical Data

The historical data trend for Nickel Asia'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.

Nickel Asia Days Sales Outstanding Chart

Nickel Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.82

14.25

15.49

23.74

25.76

Nickel Asia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															41.35	28.44	26.16	24.44	38.14

Competitive Comparison of Nickel Asia's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.

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

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

* The bar in red indicates where Nickel Asia's Days Sales Outstanding falls into.

Nickel Asia 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.

Nickel Asia'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
=	( (2263.654	+	1100.746)	/	2 )	/	23838.312	*	365
=	1682.2					/	23838.312	*	365
=	25.76

Nickel Asia's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1100.746	+	1053.973)	/	2 )	/	2577.316	*	365 / 4
=	1077.3595					/	2577.316	*	365 / 4
=	38.14

Nickel Asia (PHS:NIKL) Days Sales Outstanding Explanation

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

Nickel Asia Days Sales Outstanding Related Terms

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Nickel Asia (PHS:NIKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Asia Corp (PHS:NIKL) » Definitions » Days Sales Outstanding

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NCKAF:USA

Address

32nd Street, Bonifacio Global City, 28th Floor NAC Tower, Taguig, PHL, 1634

Website

https://www.nickelasia.com

Nickel Asia Corp is a nickel ore mining company engaged in operating five mines; the Rio Tuba mine, the Taganito mine, the Tagana-an mine, the Cagdianao mine, and the Dinapigue mine. It produces saprolite (nickel ore with an iron content of less than 20%) and limonite (nickel ore with an iron content greater than 20%) ore. The company has three operating segments; The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, The services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and The power segment is into power generation and exploration for geothermal resources.