Titan Mining (TSX:TI) Days Sales Outstanding : 21.67 (As of Dec. 2023)

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What is Titan Mining Days Sales Outstanding?

Titan Mining's average Accounts Receivable for the three months ended in Dec. 2023 was C$3.48 Mil. Titan Mining's Revenue for the three months ended in Dec. 2023 was C$14.64 Mil. Hence, Titan Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.67.

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

TSX:TI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.52 Med: 14.64 Max: 259.55
Current: 12.98

During the past 10 years, Titan Mining's highest Days Sales Outstanding was 259.55. The lowest was 10.52. And the median was 14.64.

TSX:TI's Days Sales Outstanding is ranked better than
78.14% of 787 companies
in the Metals & Mining industry
Industry Median: 42.77 vs TSX:TI: 12.98

Titan Mining's Days Sales Outstanding increased from Dec. 2022 (10.90) to Dec. 2023 (21.67).

Titan Mining Days Sales Outstanding Historical Data

The historical data trend for Titan 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.

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Titan Mining Days Sales Outstanding Chart

Titan Mining Annual Data

Trend

Dec14

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Dec16

Dec17

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Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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259.55

10.52

14.64

15.21

12.83

Titan 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															10.90	10.68	10.22	11.20	21.67

Competitive Comparison of Titan Mining's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Titan 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.

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

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

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

Titan 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.

Titan 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
=	( (2.9	+	2.012)	/	2 )	/	69.879	*	365
=	2.456					/	69.879	*	365
=	12.83

Titan 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
=	( (4.942	+	2.012)	/	2 )	/	14.638	*	365 / 4
=	3.477					/	14.638	*	365 / 4
=	21.67

Titan Mining (TSX:TI) Days Sales Outstanding Explanation

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

Titan Mining Days Sales Outstanding Related Terms

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Titan Mining (TSX:TI) Business Description

Industry

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

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TIMCF:USA

Address

999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1

Website

https://www.titanminingcorp.com

Titan Mining Corp is a Canadian natural resources company. It is engaged in the acquisition, exploration, and development of mineral properties. The company owns an interest in the Empire State Mine in Northern New York State, United States. The Company operates one reportable segment, mineral production and exploration in the United States.

Executives

Richard William Warke

Director

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