K92 Mining (TSX:KNT) Days Sales Outstanding : 10.96 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is K92 Mining Days Sales Outstanding?

K92 Mining's average Accounts Receivable for the three months ended in Dec. 2023 was C$12.1 Mil. K92 Mining's Revenue for the three months ended in Dec. 2023 was C$101.0 Mil. Hence, K92 Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.96.

The historical rank and industry rank for K92 Mining's Days Sales Outstanding or its related term are showing as below:

TSX:KNT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.93 Med: 31.18 Max: 49.3
Current: 22.93

During the past 13 years, K92 Mining's highest Days Sales Outstanding was 49.30. The lowest was 22.93. And the median was 31.18.

TSX:KNT's Days Sales Outstanding is ranked better than
67.26% of 791 companies
in the Metals & Mining industry
Industry Median: 42.39 vs TSX:KNT: 22.93

K92 Mining's Days Sales Outstanding declined from Dec. 2022 (17.05) to Dec. 2023 (10.96).

K92 Mining Days Sales Outstanding Historical Data

The historical data trend for K92 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.

K92 Mining Days Sales Outstanding Chart

K92 Mining Annual Data

Trend

Aug14

Aug15

Aug16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

32.06

40.44

49.30

30.30

27.97

K92 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	Get a 7-Day Free Trial															17.05	38.99	26.11	17.75	10.96

Competitive Comparison of K92 Mining's Days Sales Outstanding

For the Gold subindustry, K92 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.

K92 Mining's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K92 Mining's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where K92 Mining's Days Sales Outstanding falls into.

K92 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.

K92 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
=	( (21.005	+	20.164)	/	2 )	/	268.662	*	365
=	20.5845					/	268.662	*	365
=	27.97

K92 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
=	( (4.116	+	20.164)	/	2 )	/	101.044	*	365 / 4
=	12.14					/	101.044	*	365 / 4
=	10.96

K92 Mining (TSX:KNT) Days Sales Outstanding Explanation

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

K92 Mining Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of K92 Mining's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

K92 Mining (TSX:KNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » K92 Mining Inc (TSX:KNT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KNTNF:USA 92K:Germany

Address

1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7

Website

https://www.k92mining.com

K92 Mining Inc is engaged in the exploration, development and mining of mineral deposits in Papua New Guinea, specifically the Kainantu Project.

K92 Mining (TSX:KNT) Headlines

No Headlines