Goldcorp (Goldcorp) Days Sales Outstanding : 9.81 (As of Dec. 2018)

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What is Goldcorp Days Sales Outstanding?

Goldcorp's average Accounts Receivable for the three months ended in Dec. 2018 was $83 Mil. Goldcorp's Revenue for the three months ended in Dec. 2018 was $772 Mil. Hence, Goldcorp's Days Sales Outstanding for the three months ended in Dec. 2018 was 9.81.

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

GG's Days Sales Outstanding is not ranked ^*
in the Metals & Mining industry.
Industry Median: 42.39
* Ranked among companies with meaningful Days Sales Outstanding only.

Goldcorp's Days Sales Outstanding declined from Dec. 2017 (15.08) to Dec. 2018 (9.81).

Goldcorp Days Sales Outstanding Historical Data

The historical data trend for Goldcorp'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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Goldcorp Days Sales Outstanding Chart

Goldcorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

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23.42

10.85

8.74

12.85

14.27

Goldcorp Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Sales Outstanding	Get a 7-Day Free Trial															15.08	15.37	13.75	12.86	9.81

Competitive Comparison of Goldcorp's Days Sales Outstanding

For the Gold subindustry, Goldcorp'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.

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

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

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

Goldcorp 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.

Goldcorp's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (146	+	91)	/	2 )	/	3032	*	365
=	118.5					/	3032	*	365
=	14.27

Goldcorp's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

	Days Sales Outstanding (Q: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2018 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (75	+	91)	/	2 )	/	772	*	365 / 4
=	83					/	772	*	365 / 4
=	9.81

Goldcorp (NYSE:GG) Days Sales Outstanding Explanation

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

Goldcorp Days Sales Outstanding Related Terms

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Goldcorp (Goldcorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldcorp Inc (NYSE:GG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8

Website

http://www.goldcorp.com

Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.