Morien Resources (Morien Resources) Days Sales Outstanding : 238.49 (As of Dec. 2023)

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What is Morien Resources Days Sales Outstanding?

Morien Resources's average Accounts Receivable for the three months ended in Dec. 2023 was $0.06 Mil. Morien Resources's Revenue for the three months ended in Dec. 2023 was $0.02 Mil. Hence, Morien Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 238.49.

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

APMCF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.58 Med: 167.16 Max: 709.14
Current: 99.15

During the past 13 years, Morien Resources's highest Days Sales Outstanding was 709.14. The lowest was 44.58. And the median was 167.16.

APMCF's Days Sales Outstanding is ranked worse than
94.26% of 122 companies
in the Other Energy Sources industry
Industry Median: 32.21 vs APMCF: 99.15

Morien Resources's Days Sales Outstanding increased from Dec. 2022 (54.02) to Dec. 2023 (238.49).

Warning Sign:

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

Morien Resources Days Sales Outstanding Historical Data

The historical data trend for Morien Resources'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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Morien Resources Days Sales Outstanding Chart

Morien Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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145.70

257.76

163.49

214.11

44.03

Morien Resources 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															54.02	71.87	116.62	245.77	238.49

Competitive Comparison of Morien Resources's Days Sales Outstanding

For the Thermal Coal subindustry, Morien Resources'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.

Morien Resources's Days Sales Outstanding Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Morien Resources's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Morien Resources's Days Sales Outstanding falls into.

Morien Resources 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.

Morien Resources'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
=	( (0.144	+	0.029)	/	2 )	/	0.717	*	365
=	0.0865					/	0.717	*	365
=	44.03

Morien Resources'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
=	( (0.086	+	0.029)	/	2 )	/	0.022	*	365 / 4
=	0.0575					/	0.022	*	365 / 4
=	238.49

Morien Resources (OTCPK:APMCF) Days Sales Outstanding Explanation

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

Morien Resources Days Sales Outstanding Related Terms

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Morien Resources (Morien Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Morien Resources Corp (OTCPK:APMCF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

35BN:Germany MOX:Canada

Address

1701 Hollis Street, Suite 800, Halifax, NS, CAN, B3J 3M8

Website

https://www.morienres.com

Morien Resources Corp is engaged in the business of identification and purchase of mineral projects. It operates as a mining development company that holds royalty interests in two tidewater accessed projects, namely the Donkin Coal Mine and the Black Point Aggregate Project. The company derives revenue in the form of royalty interests.

Morien Resources (Morien Resources) Headlines

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