Altius Minerals (TSX:ALS) Days Sales Outstanding : 51.47 (As of Dec. 2023)

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What is Altius Minerals Days Sales Outstanding?

Altius Minerals's average Accounts Receivable for the three months ended in Dec. 2023 was C$7.77 Mil. Altius Minerals's Revenue for the three months ended in Dec. 2023 was C$13.77 Mil. Hence, Altius Minerals's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.47.

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

TSX:ALS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.13 Med: 54.73 Max: 101.7
Current: 52.45

During the past 13 years, Altius Minerals's highest Days Sales Outstanding was 101.70. The lowest was 42.13. And the median was 54.73.

TSX:ALS's Days Sales Outstanding is ranked worse than
56.91% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs TSX:ALS: 52.45

Altius Minerals's Days Sales Outstanding declined from Dec. 2022 (53.63) to Dec. 2023 (51.47).

Altius Minerals Days Sales Outstanding Historical Data

The historical data trend for Altius Minerals'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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Altius Minerals Days Sales Outstanding Chart

Altius Minerals Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.80

63.61

55.02

42.13

47.47

Altius Minerals 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	Get a 7-Day Free Trial															53.63	51.96	60.35	50.68	51.47

Competitive Comparison of Altius Minerals's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.

Altius Minerals's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

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

Altius Minerals 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.

Altius Minerals'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
=	( (10.937	+	6.935)	/	2 )	/	68.711	*	365
=	8.936					/	68.711	*	365
=	47.47

Altius Minerals'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
=	( (8.604	+	6.935)	/	2 )	/	13.774	*	365 / 4
=	7.7695					/	13.774	*	365 / 4
=	51.47

Altius Minerals (TSX:ALS) Days Sales Outstanding Explanation

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

Altius Minerals Days Sales Outstanding Related Terms

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Altius Minerals (TSX:ALS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altius Minerals Corp (TSX:ALS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

ATUSF:USA VTM:Germany

Address

38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5

Website

https://www.altiusminerals.com

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.

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