Trident Royalties (LSE:TRR) Days Sales Outstanding : 341.08 (As of Dec. 2023)

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What is Trident Royalties Days Sales Outstanding?

Trident Royalties's average Accounts Receivable for the six months ended in Dec. 2023 was £7.39 Mil. Trident Royalties's Revenue for the six months ended in Dec. 2023 was £3.95 Mil. Hence, Trident Royalties's Days Sales Outstanding for the six months ended in Dec. 2023 was 341.08.

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

LSE:TRR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 370.51 Med: 418.85 Max: 462.07
Current: 370.51

During the past 5 years, Trident Royalties's highest Days Sales Outstanding was 462.07. The lowest was 370.51. And the median was 418.85.

LSE:TRR's Days Sales Outstanding is ranked worse than
86.74% of 792 companies
in the Metals & Mining industry
Industry Median: 42.325 vs LSE:TRR: 370.51

Trident Royalties's Days Sales Outstanding increased from Dec. 2022 (265.86) to Dec. 2023 (341.08).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Trident Royalties Days Sales Outstanding Historical Data

The historical data trend for Trident Royalties'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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Trident Royalties Days Sales Outstanding Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

462.07

375.63

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						26,061.00	224.18	265.86	398.05	341.08

Competitive Comparison of Trident Royalties's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Trident Royalties'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.

Trident Royalties's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

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

Trident Royalties 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.

Trident Royalties'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
=	( (8.159	+	7.323)	/	2 )	/	7.522	*	365
=	7.741					/	7.522	*	365
=	375.63

Trident Royalties'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7.449	+	7.323)	/	2 )	/	3.952	*	365 / 2
=	7.386					/	3.952	*	365 / 2
=	341.08

Trident Royalties (LSE:TRR) Days Sales Outstanding Explanation

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

Trident Royalties Days Sales Outstanding Related Terms

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Trident Royalties (LSE:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (LSE:TRR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

TDTRF:USA 5KV:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.