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Majestic Gold (TSXV:MJS) Days Sales Outstanding : 0.00 (As of Mar. 2024)


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What is Majestic Gold Days Sales Outstanding?

Majestic Gold's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.00 Mil. Majestic Gold's Revenue for the three months ended in Mar. 2024 was C$21.07 Mil. Hence, Majestic Gold's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

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

During the past 13 years, Majestic Gold's highest Days Sales Outstanding was 23.36. The lowest was 6.06. And the median was 12.79.

TSXV:MJS's Days Sales Outstanding is not ranked *
in the Metals & Mining industry.
Industry Median: 42.51
* Ranked among companies with meaningful Days Sales Outstanding only.

Majestic Gold's Days Sales Outstanding stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).


Majestic Gold Days Sales Outstanding Historical Data

The historical data trend for Majestic 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.

* Premium members only.

Majestic Gold Days Sales Outstanding Chart

Majestic Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.39 - - - -

Majestic Gold Quarterly Data
Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Majestic Gold's Days Sales Outstanding

For the Gold subindustry, Majestic 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.


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

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

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



Majestic 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.

Majestic 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
=( (0 + 0) / 1 ) / 73.822*365
=0 / 73.822*365
=0.00

Majestic Gold's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 21.067*365 / 4
=0 / 21.067*365 / 4
=0.00

* 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.


Majestic Gold  (TSXV:MJS) Days Sales Outstanding Explanation

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


Majestic Gold Days Sales Outstanding Related Terms

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Majestic Gold (TSXV:MJS) Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.
Executives
James Mackie Senior Officer

Majestic Gold (TSXV:MJS) Headlines

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