Mandalay Resources (STU:R7X2) Days Sales Outstanding : 37.05 (As of Mar. 2024)

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What is Mandalay Resources Days Sales Outstanding?

Mandalay Resources's average Accounts Receivable for the three months ended in Mar. 2024 was €20.7 Mil. Mandalay Resources's Revenue for the three months ended in Mar. 2024 was €51.1 Mil. Hence, Mandalay Resources's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.05.

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

STU:R7X2' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.13 Med: 48.02 Max: 63.18
Current: 38.19

During the past 13 years, Mandalay Resources's highest Days Sales Outstanding was 63.18. The lowest was 30.13. And the median was 48.02.

STU:R7X2's Days Sales Outstanding is ranked better than
53.75% of 787 companies
in the Metals & Mining industry
Industry Median: 42.58 vs STU:R7X2: 38.19

Mandalay Resources's Days Sales Outstanding increased from Mar. 2023 (31.27) to Mar. 2024 (37.05).

Mandalay Resources Days Sales Outstanding Historical Data

The historical data trend for Mandalay Resources'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.

Mandalay Resources Days Sales Outstanding Chart

Mandalay Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.63

30.94

47.04

51.00

41.94

Mandalay Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															31.27	32.51	40.62	45.86	37.05

Competitive Comparison of Mandalay Resources's Days Sales Outstanding

For the Gold subindustry, Mandalay Resources'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.

Mandalay Resources's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

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

Mandalay Resources 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.

Mandalay Resources'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
=	( (12.471	+	24.06)	/	2 )	/	158.956	*	365
=	18.2655					/	158.956	*	365
=	41.94

Mandalay Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (24.06	+	17.416)	/	2 )	/	51.07	*	365 / 4
=	20.738					/	51.07	*	365 / 4
=	37.05

Mandalay Resources (STU:R7X2) Days Sales Outstanding Explanation

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

Mandalay Resources Days Sales Outstanding Related Terms

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Mandalay Resources (STU:R7X2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mandalay Resources Corp (STU:R7X2) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

MNDJF:USA MND:Canada

Address

76 Richmond Street East, Suite 330, Toronto, ON, CAN, M5C 1P1

Website

https://www.mandalayresources.com

Mandalay Resources Corp is a Canadian-based natural resource corporation with producing assets in Australia and Sweden, and care and maintenance and development projects in Chile and Canada. The company focuses on growing its production and reducing costs at its gold and antimony operation in Australia, and its gold mine in Sweden, to generate near-term sustainable positive cash flow.

Mandalay Resources (STU:R7X2) Headlines

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