Lundin Mining (TSX:LUN) Days Sales Outstanding

: 50.36 (As of Dec. 2023)

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Lundin Mining's average Accounts Receivable for the three months ended in Dec. 2023 was C$785 Mil. Lundin Mining's Revenue for the three months ended in Dec. 2023 was C$1,422 Mil. Hence, Lundin Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.36.

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

TSX:LUN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.71 Med: 52.51 Max: 84.36
Current: 50.69

During the past 13 years, Lundin Mining's highest Days Sales Outstanding was 84.36. The lowest was 42.71. And the median was 52.51.

TSX:LUN's Days Sales Outstanding is ranked worse than
56.54% of 787 companies
in the Metals & Mining industry
Industry Median: 41.93 vs TSX:LUN: 50.69

Lundin Mining's Days Sales Outstanding increased from Dec. 2022 (45.76) to Dec. 2023 (50.36).

Lundin Mining Days Sales Outstanding Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

46.84

45.35

42.71

54.55

58.10

Lundin Mining 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																45.76	51.29	59.62	39.33	50.36

Competitive Comparison

For the Copper subindustry, Lundin Mining'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.

Lundin Mining Days Sales Outstanding Distribution

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

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

Lundin Mining 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.

Lundin Mining'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
=	( (585.152	+	863.617)	/	2 )	/	4550.811	*	365
=	724.3845					/	4550.811	*	365
=	58.10

Lundin Mining'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
=	( (705.993	+	863.617)	/	2 )	/	1422.105	*	365 / 4
=	784.805					/	1422.105	*	365 / 4
=	50.36

Lundin Mining (TSX:LUN) Days Sales Outstanding Explanation

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

Lundin Mining Days Sales Outstanding Related Terms

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Lundin Mining (TSX:LUN) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LUNMF:USA LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

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