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TRX Gold (TRX Gold) Days Sales Outstanding : 18.80 (As of Feb. 2024)


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What is TRX Gold Days Sales Outstanding?

TRX Gold's average Accounts Receivable for the three months ended in Feb. 2024 was $1.64 Mil. TRX Gold's Revenue for the three months ended in Feb. 2024 was $7.98 Mil. Hence, TRX Gold's Days Sales Outstanding for the three months ended in Feb. 2024 was 18.80.

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

TRX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.77   Med: 43.99   Max: 61.42
Current: 23.77

During the past 13 years, TRX Gold's highest Days Sales Outstanding was 61.42. The lowest was 23.77. And the median was 43.99.

TRX's Days Sales Outstanding is ranked better than
66.71% of 790 companies
in the Metals & Mining industry
Industry Median: 42.45 vs TRX: 23.77

TRX Gold's Days Sales Outstanding increased from Feb. 2023 (17.59) to Feb. 2024 (18.80).


TRX Gold Days Sales Outstanding Historical Data

The historical data trend for TRX Gold'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.

TRX Gold Days Sales Outstanding Chart

TRX Gold Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 61.42 27.05

TRX Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.59 25.87 30.56 25.24 18.80

Competitive Comparison of TRX Gold's Days Sales Outstanding

For the Gold subindustry, TRX Gold'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.


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

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

* The bar in red indicates where TRX Gold's Days Sales Outstanding falls into.



TRX Gold 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.

TRX Gold's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (2.54 + 3.14) / 2 ) / 38.32*365
=2.84 / 38.32*365
=27.05

TRX Gold's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (2.062 + 1.227) / 2 ) / 7.984*365 / 4
=1.6445 / 7.984*365 / 4
=18.80

* 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.


TRX Gold  (AMEX:TRX) Days Sales Outstanding Explanation

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


TRX Gold Days Sales Outstanding Related Terms

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TRX Gold (TRX Gold) Business Description

Traded in Other Exchanges
Address
277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3
TRX Gold Corp, formerly Tanzanian Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, Kigosi project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.
Executives
Geier International Strategies Fund, Llc 10 percent owner WACHOVIA FINANCIAL CENTER, 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Geier Capital Llc 10 percent owner 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Geier Group Llc 10 percent owner 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131
Chris Gibson 10 percent owner C/O GEIER CAPITAL LLC, 200 SOUTH BISCAYNE BOULEVARD, 27TH FLOOR, MIAMI FL 33131