Lundin Gold (TSX:LUG) Days Sales Outstanding : 46.06 (As of Dec. 2023)

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What is Lundin Gold Days Sales Outstanding?

Lundin Gold's average Accounts Receivable for the three months ended in Dec. 2023 was C$129 Mil. Lundin Gold's Revenue for the three months ended in Dec. 2023 was C$256 Mil. Hence, Lundin Gold's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.06.

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

TSX:LUG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.51 Med: 43.43 Max: 58.37
Current: 38.8

During the past 13 years, Lundin Gold's highest Days Sales Outstanding was 58.37. The lowest was 36.51. And the median was 43.43.

TSX:LUG's Days Sales Outstanding is ranked better than
52.72% of 791 companies
in the Metals & Mining industry
Industry Median: 42.39 vs TSX:LUG: 38.80

Lundin Gold's Days Sales Outstanding increased from Dec. 2022 (38.73) to Dec. 2023 (46.06).

Lundin Gold Days Sales Outstanding Historical Data

The historical data trend for Lundin Gold'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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Lundin Gold Days Sales Outstanding Chart

Lundin Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.37

47.17

39.68

36.51

Lundin Gold 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															38.73	33.84	38.18	41.75	46.06

Competitive Comparison of Lundin Gold's Days Sales Outstanding

For the Gold subindustry, Lundin Gold'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 Gold's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

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

Lundin Gold 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 Gold'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
=	( (117.417	+	124.817)	/	2 )	/	1210.818	*	365
=	121.117					/	1210.818	*	365
=	36.51

Lundin Gold'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
=	( (133.443	+	124.817)	/	2 )	/	255.827	*	365 / 4
=	129.13					/	255.827	*	365 / 4
=	46.06

Lundin Gold (TSX:LUG) 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 Gold Days Sales Outstanding Related Terms

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Lundin Gold (TSX:LUG) Business Description

Industry

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

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LUGDF:USA LUG:Sweden F1YN:Germany

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.lundingold.com

Lundin Gold Inc is a Canada-based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.

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