Sandstorm Gold (Sandstorm Gold) Accounts Receivable

: $15.2 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sandstorm Gold's accounts receivables for the quarter that ended in Dec. 2023 was $15.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sandstorm Gold's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 31.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sandstorm Gold's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.60.

Sandstorm Gold Accounts Receivable Historical Data

The historical data trend for Sandstorm Gold's Accounts Receivable 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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Sandstorm Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

7.61

8.01

11.76

18.27

15.15

Sandstorm Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																18.27	22.74	18.02	18.02	15.15

Sandstorm Gold Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Sandstorm Gold Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Sandstorm Gold's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15.154	/	44.498	*	91
=	31.08

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Sandstorm Gold's accounts receivable are only considered to be worth 75% of book value:

Sandstorm Gold's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(14.773	+	0.75 * 15.154	+	0.5 * 0	-	477.445
-	0	-	24.98)	/	297.666
=	-1.60

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Sandstorm Gold Accounts Receivable Related Terms

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Sandstorm Gold (Sandstorm Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sandstorm Gold Ltd (NYSE:SAND) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AYS1:Germany SSL:Canada

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

https://www.sandstormgold.com

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.