SSR Mining (TSX:SSRM) Days Sales Outstanding

: 17.88 (As of Dec. 2023)

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SSR Mining's average Accounts Receivable for the three months ended in Dec. 2023 was C$112 Mil. SSR Mining's Revenue for the three months ended in Dec. 2023 was C$571 Mil. Hence, SSR Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.88.

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

TSX:SSRM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.02 Med: 20.58 Max: 40.54
Current: 19.58

During the past 13 years, SSR Mining's highest Days Sales Outstanding was 40.54. The lowest was 11.02. And the median was 20.58.

TSX:SSRM's Days Sales Outstanding is ranked better than
70.09% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs TSX:SSRM: 19.58

SSR Mining's Days Sales Outstanding declined from Dec. 2022 (21.17) to Dec. 2023 (17.88).

SSR Mining Days Sales Outstanding Historical Data

The historical data trend for SSR Mining'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.

SSR Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.75

20.14

15.43

22.85

19.78

SSR Mining 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															21.17	21.87	23.60	16.35	17.88

Competitive Comparison

For the Gold subindustry, SSR Mining'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.

SSR Mining Days Sales Outstanding Distribution

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

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

SSR Mining 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.

SSR Mining'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
=	( (84.992	+	122.542)	/	2 )	/	1914.365	*	365
=	103.767					/	1914.365	*	365
=	19.78

SSR Mining'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
=	( (101.361	+	122.542)	/	2 )	/	571.383	*	365 / 4
=	111.9515					/	571.383	*	365 / 4
=	17.88

SSR Mining (TSX:SSRM) Days Sales Outstanding Explanation

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

SSR Mining Days Sales Outstanding Related Terms

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SSR Mining (TSX:SSRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SSR Mining Inc (TSX:SSRM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SSRM:USA ZSV:Germany SSR:Australia

Address

6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237

Website

https://www.ssrmining.com

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.