Elemental Altus Royalties (Elemental Altus Royalties) Days Sales Outstanding : 39.68 (As of Dec. 2023)

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What is Elemental Altus Royalties Days Sales Outstanding?

Elemental Altus Royalties's average Accounts Receivable for the three months ended in Dec. 2023 was $1.72 Mil. Elemental Altus Royalties's Revenue for the three months ended in Dec. 2023 was $3.96 Mil. Hence, Elemental Altus Royalties's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.68.

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

ELEMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.62 Med: 27.88 Max: 54.14
Current: 21.87

During the past 5 years, Elemental Altus Royalties's highest Days Sales Outstanding was 54.14. The lowest was 1.62. And the median was 27.88.

ELEMF's Days Sales Outstanding is ranked better than
68.43% of 792 companies
in the Metals & Mining industry
Industry Median: 42.325 vs ELEMF: 21.87

Elemental Altus Royalties's Days Sales Outstanding increased from Dec. 2022 (1.52) to Dec. 2023 (39.68).

Elemental Altus Royalties Days Sales Outstanding Historical Data

The historical data trend for Elemental Altus Royalties'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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Elemental Altus Royalties Days Sales Outstanding Chart

Elemental Altus Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

1.63

54.14

Elemental Altus Royalties Quarterly Data
	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														1.52	1.40	0.81	0.12	39.68

Competitive Comparison of Elemental Altus Royalties's Days Sales Outstanding

For the Gold subindustry, Elemental Altus Royalties'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.

Elemental Altus Royalties's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Elemental Altus Royalties's Days Sales Outstanding falls into.

Elemental Altus Royalties 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.

Elemental Altus Royalties'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
=	( (0.043	+	3.441)	/	2 )	/	11.744	*	365
=	1.742					/	11.744	*	365
=	54.14

Elemental Altus Royalties'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
=	( (0.003	+	3.441)	/	2 )	/	3.96	*	365 / 4
=	1.722					/	3.96	*	365 / 4
=	39.68

Elemental Altus Royalties (OTCPK:ELEMF) Days Sales Outstanding Explanation

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

Elemental Altus Royalties Days Sales Outstanding Related Terms

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Elemental Altus Royalties (Elemental Altus Royalties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Elemental Altus Royalties Corp (OTCPK:ELEMF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

T8S:Germany ELE:Canada

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.elementalaltus.com

Elemental Altus Royalties Corp is a mining royalty company. Its asset portfolio includes Wahgnion, Kwale, MT Pleasant, Panton Sill, and Amancaya among others.

Elemental Altus Royalties (Elemental Altus Royalties) Headlines

From GuruFocus

Elemental Royalties Corp Announces Recommended All-Share Merger of Equals

By ACCESSWIRE ACCESSWIRE • 06-14-2022