Wheaton Precious Metals (Wheaton Precious Metals) Days Sales Outstanding : 2.74 (As of Dec. 2023)

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What is Wheaton Precious Metals Days Sales Outstanding?

Wheaton Precious Metals's average Accounts Receivable for the three months ended in Dec. 2023 was $9 Mil. Wheaton Precious Metals's Revenue for the three months ended in Dec. 2023 was $313 Mil. Hence, Wheaton Precious Metals's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.74.

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

WPM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.27 Med: 1.29 Max: 3.38
Current: 3.05

During the past 13 years, Wheaton Precious Metals's highest Days Sales Outstanding was 3.38. The lowest was 0.27. And the median was 1.29.

WPM's Days Sales Outstanding is ranked better than
92.41% of 790 companies
in the Metals & Mining industry
Industry Median: 42.04 vs WPM: 3.05

Wheaton Precious Metals's Days Sales Outstanding declined from Dec. 2022 (3.52) to Dec. 2023 (2.74).

Wheaton Precious Metals Days Sales Outstanding Historical Data

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals Days Sales Outstanding Chart

Wheaton Precious Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.20

1.63

2.53

3.49

3.32

Wheaton Precious Metals 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															3.52	3.70	2.46	3.18	2.74

Competitive Comparison of Wheaton Precious Metals's Days Sales Outstanding

For the Gold subindustry, Wheaton Precious Metals'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.

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

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

* The bar in red indicates where Wheaton Precious Metals's Days Sales Outstanding falls into.

Wheaton Precious Metals 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.

Wheaton Precious Metals'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
=	( (9.158	+	9.335)	/	2 )	/	1016.045	*	365
=	9.2465					/	1016.045	*	365
=	3.32

Wheaton Precious Metals'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
=	( (9.52	+	9.335)	/	2 )	/	313.472	*	365 / 4
=	9.4275					/	313.472	*	365 / 4
=	2.74

Wheaton Precious Metals (NYSE:WPM) Days Sales Outstanding Explanation

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

Wheaton Precious Metals Days Sales Outstanding Related Terms

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Wheaton Precious Metals (Wheaton Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wheaton Precious Metals Corp (NYSE:WPM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WPM:UK SII:Germany SII:Germany SII:Germany SII:Germany WPM:Canada

Address

1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3

Website

https://www.wheatonpm.com

Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.