Norandaome Fund (Norandaome Fund) Days Sales Outstanding : 79.63 (As of Sep. 2022)

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What is Norandaome Fund Days Sales Outstanding?

Norandaome Fund's average Accounts Receivable for the three months ended in Sep. 2022 was $177.0 Mil. Norandaome Fund's Revenue for the three months ended in Sep. 2022 was $202.8 Mil. Hence, Norandaome Fund's Days Sales Outstanding for the three months ended in Sep. 2022 was 79.63.

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

NNDIF's Days Sales Outstanding is not ranked ^*
in the Metals & Mining industry.
Industry Median: 42.94
* Ranked among companies with meaningful Days Sales Outstanding only.

Norandaome Fund's Days Sales Outstanding increased from Sep. 2021 (72.20) to Sep. 2022 (79.63).

Norandaome Fund Days Sales Outstanding Historical Data

The historical data trend for Norandaome Fund'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.

Norandaome Fund Days Sales Outstanding Chart

Norandaome Fund Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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63.78

58.48

74.48

82.97

74.07

Norandaome Fund Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Sales Outstanding	Get a 7-Day Free Trial															72.20	67.77	68.76	73.40	79.63

Competitive Comparison of Norandaome Fund's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.

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

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

* The bar in red indicates where Norandaome Fund's Days Sales Outstanding falls into.

Norandaome Fund 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.

Norandaome Fund's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (153.133	+	191.094)	/	2 )	/	848.11	*	365
=	172.1135					/	848.11	*	365
=	74.07

Norandaome Fund's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (192.61	+	161.366)	/	2 )	/	202.825	*	365 / 4
=	176.988					/	202.825	*	365 / 4
=	79.63

Norandaome Fund (OTCPK:NNDIF) Days Sales Outstanding Explanation

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

Norandaome Fund Days Sales Outstanding Related Terms

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Norandaome Fund (Norandaome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Noranda Income Fund (OTCPK:NNDIF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3

Website

https://www.norandaincomefund.com

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.