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First Majestic Silver (First Majestic Silver) Days Sales Outstanding : 6.37 (As of Dec. 2023)


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What is First Majestic Silver Days Sales Outstanding?

First Majestic Silver's average Accounts Receivable for the three months ended in Dec. 2023 was $9.6 Mil. First Majestic Silver's Revenue for the three months ended in Dec. 2023 was $137.7 Mil. Hence, First Majestic Silver's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.37.

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

AG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.73   Med: 5.39   Max: 9.18
Current: 5.06

During the past 13 years, First Majestic Silver's highest Days Sales Outstanding was 9.18. The lowest was 3.73. And the median was 5.39.

AG's Days Sales Outstanding is ranked better than
88.72% of 789 companies
in the Metals & Mining industry
Industry Median: 42.13 vs AG: 5.06

First Majestic Silver's Days Sales Outstanding increased from Dec. 2022 (4.41) to Dec. 2023 (6.37).


First Majestic Silver Days Sales Outstanding Historical Data

The historical data trend for First Majestic Silver'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.

First Majestic Silver Days Sales Outstanding Chart

First Majestic Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 4.26 3.73 4.75 5.92

First Majestic Silver Quarterly Data
Mar19 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 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 4.41 4.46 3.74 4.91 6.37

Competitive Comparison of First Majestic Silver's Days Sales Outstanding

For the Silver subindustry, First Majestic Silver'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.


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

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

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



First Majestic Silver 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.

First Majestic Silver'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
=( (8.598 + 10.099) / 2 ) / 576.385*365
=9.3485 / 576.385*365
=5.92

First Majestic Silver'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
=( (9.132 + 10.099) / 2 ) / 137.676*365 / 4
=9.6155 / 137.676*365 / 4
=6.37

* 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.


First Majestic Silver  (NYSE:AG) Days Sales Outstanding Explanation

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


First Majestic Silver Days Sales Outstanding Related Terms

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First Majestic Silver (First Majestic Silver) Business Description

Address
925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns four producing mines, three mines in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine and the Jerritt Canyon Gold Mine in Nevada.
Executives
Vinita Lee Piper 10 percent owner 712 WILCREST, SUITE 3020, HOUSTON TX 77042