ProAm Explorations (TSXV:PMX) Days Sales Outstanding : 0.00 (As of Sep. 2023)

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What is ProAm Explorations Days Sales Outstanding?

ProAm Explorations's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.01 Mil. ProAm Explorations's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil.

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

TSXV:PMX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.44 Med: 40.77 Max: 272.53
Current: 272.53

During the past 13 years, ProAm Explorations's highest Days Sales Outstanding was 272.53. The lowest was 12.44. And the median was 40.77.

TSXV:PMX's Days Sales Outstanding is ranked worse than
94.12% of 935 companies
in the Oil & Gas industry
Industry Median: 48.99 vs TSXV:PMX: 272.53

ProAm Explorations's Days Sales Outstanding declined from Sep. 2022 (159.69) to Sep. 2023 (0.00).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

ProAm Explorations Days Sales Outstanding Historical Data

The historical data trend for ProAm Explorations'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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ProAm Explorations Days Sales Outstanding Chart

ProAm Explorations Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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42.12

24.33

17.11

12.44

79.84

ProAm Explorations Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															159.69	87.45	524.69	1,003.75	-

Competitive Comparison of ProAm Explorations's Days Sales Outstanding

For the Oil & Gas E&P subindustry, ProAm Explorations'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.

ProAm Explorations's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ProAm Explorations's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ProAm Explorations's Days Sales Outstanding falls into.

ProAm Explorations 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.

ProAm Explorations's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.002	+	0.012)	/	2 )	/	0.032	*	365
=	0.007					/	0.032	*	365
=	79.84

ProAm Explorations's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.011	+	0.011)	/	2 )	/	0	*	365 / 4
=	0.011					/	0	*	365 / 4
=	N/A

ProAm Explorations (TSXV:PMX) Days Sales Outstanding Explanation

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

ProAm Explorations Days Sales Outstanding Related Terms

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ProAm Explorations (TSXV:PMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProAm Explorations Corp (TSXV:PMX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

867 West 3rd Street, North Vancouver, Vancouver, BC, CAN, V7P 1E2

Website

ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties.