GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Franco-Nevada Corp (NYSE:FNV) » Definitions » Days Sales Outstanding

Franco-Nevada (Franco-Nevada) Days Sales Outstanding

: 36.98 (As of Dec. 2023)
View and export this data going back to 2011. Start your Free Trial

Franco-Nevada's average Accounts Receivable for the three months ended in Dec. 2023 was $123 Mil. Franco-Nevada's Revenue for the three months ended in Dec. 2023 was $303 Mil. Hence, Franco-Nevada's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.98.

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

FNV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.94   Med: 37.85   Max: 59.43
Current: 40.69

During the past 13 years, Franco-Nevada's highest Days Sales Outstanding was 59.43. The lowest was 29.94. And the median was 37.85.

FNV's Days Sales Outstanding is ranked better than
50.95% of 787 companies
in the Metals & Mining industry
Industry Median: 41.93 vs FNV: 40.69

Franco-Nevada's Days Sales Outstanding declined from Dec. 2022 (40.68) to Dec. 2023 (36.98).


Franco-Nevada Days Sales Outstanding Historical Data

The historical data trend for Franco-Nevada'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 37.47 [6] => 34.20 [7] => 29.93 [8] => 35.44 [9] => 36.93 )
Franco-Nevada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.47 34.20 29.93 35.44 36.93

Franco-Nevada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 40.68 47.47 40.96 41.16 36.98

Competitive Comparison

For the Gold subindustry, Franco-Nevada'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.


Franco-Nevada Days Sales Outstanding Distribution

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

* The bar in red indicates where Franco-Nevada's Days Sales Outstanding falls into.



Franco-Nevada 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.

Franco-Nevada'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
=( (135.7 + 111) / 2 ) / 1219*365
=123.35 / 1219*365
=36.93

Franco-Nevada'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (134.8 + 111) / 2 ) / 303.3*365 / 4
=122.9 / 303.3*365 / 4
=36.98

* 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.


Franco-Nevada  (NYSE:FNV) Days Sales Outstanding Explanation

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


Franco-Nevada Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Franco-Nevada's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Franco-Nevada (Franco-Nevada) Business Description

Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.

Franco-Nevada (Franco-Nevada) Headlines

From GuruFocus

Franco-Nevada Reports Q2 2023 Results

By PRNewswire 08-08-2023

Franco-Nevada: A Setback Called Cobre Panama

By Fun Trading 12-11-2023

Franco-Nevada Announces Election of Directors

By PRNewswire PRNewswire 07-15-2022

Developments in Panama

By PRNewswire 12-01-2023

Franco-Nevada Files Year-End Disclosure Documents

By PRNewswire PRNewswire 03-20-2023

Cobre Panama Additional Operations Update

By PRNewswire 11-29-2023

Cobre Panama Operations Update

By PRNewswire 11-14-2023

Cobre Panama Environmental Stewardship Update

By PRNewswire 12-22-2023