Newmont (Newmont) Days Sales Outstanding

: 9.36 (As of Dec. 2023)

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Newmont's average Accounts Receivable for the three months ended in Dec. 2023 was USD406 Mil. Newmont's Revenue for the three months ended in Dec. 2023 was USD3,957 Mil. Hence, Newmont's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.36.

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

NEM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.58 Med: 10.95 Max: 17
Current: 10.57

During the past 13 years, Newmont's highest Days Sales Outstanding was 17.00. The lowest was 6.58. And the median was 10.95.

NEM's Days Sales Outstanding is ranked better than
81.45% of 787 companies
in the Metals & Mining industry
Industry Median: 41.93 vs NEM: 10.57

Newmont's Days Sales Outstanding increased from Dec. 2022 (9.34) to Dec. 2023 (9.36).

Newmont Days Sales Outstanding Historical Data

The historical data trend for Newmont'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.

Newmont Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

11.75

13.05

11.74

10.77

17.00

Newmont 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																9.34	12.16	9.06	4.81	9.36

Competitive Comparison

For the Gold subindustry, Newmont'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.

Newmont Days Sales Outstanding Distribution

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

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

Newmont 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.

Newmont'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
=	( (366	+	734)	/	2 )	/	11812	*	365
=	550					/	11812	*	365
=	17.00

Newmont'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
=	( (78	+	734)	/	2 )	/	3957	*	365 / 4
=	406					/	3957	*	365 / 4
=	9.36

Newmont (NYSE:NEM) Days Sales Outstanding Explanation

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

Newmont Days Sales Outstanding Related Terms

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Newmont (Newmont) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (NYSE:NEM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NEM:Peru NEM:Mexico NEM_KZ:Kazakhstan 1NEM:Italy 0R28:UK NMM0:Germany NMM0:Germany NMM0:Germany NMM:Germany NMM:Germany NMM:Germany NMM:Germany NEM:Chile NGT:Canada N1EM34:Brazil NEM:Australia NEWM:Austria NEM:Argentina

Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

Executives

Robert D Atkinson	officer: EVP & COO	6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Philip Aiken	director	6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Sally-anne Layman	director	6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Mark David Ebel	officer: Interim Chief Legal Officer	6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Thomas Ronald Palmer	director, officer: President & CEO	6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Natascha Viljoen	officer: EVP & COO	6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Suzanne P Retallack	officer: CSSO	6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Karyn F. Ovelmen	officer: EVP & CFO	STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Aaron Puna	officer: EVP & CTO	6900 E. LAYTON AVE., SUITE 700, DENVER CO 80237
Mark Casper	officer: Acting CTO	7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Joshua Cage	officer: Interim Controller and CAO	6900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Peter Toth	officer: EVP, Strategic Development	7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Nancy Buese	officer: EVP & CFO	1515 ARAPAHOE STREET, DENVER CO 80202-2126
Stephen P Gottesfeld	officer: EVP and Chief S&EA Officer	6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Patrick Awuah	director	7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237