Globex Mining Enterprises (Globex Mining Enterprises) Days Sales Outstanding : 9.10 (As of Mar. 2024)

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What is Globex Mining Enterprises Days Sales Outstanding?

Globex Mining Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was $0.03 Mil. Globex Mining Enterprises's Revenue for the three months ended in Mar. 2024 was $0.33 Mil. Hence, Globex Mining Enterprises's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.10.

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

GLBXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.28 Med: 17.13 Max: 40.43
Current: 6.3

During the past 13 years, Globex Mining Enterprises's highest Days Sales Outstanding was 40.43. The lowest was 1.28. And the median was 17.13.

GLBXF's Days Sales Outstanding is ranked better than
86.44% of 789 companies
in the Metals & Mining industry
Industry Median: 42.82 vs GLBXF: 6.30

Globex Mining Enterprises's Days Sales Outstanding declined from Mar. 2023 (103.55) to Mar. 2024 (9.10).

Globex Mining Enterprises Days Sales Outstanding Historical Data

The historical data trend for Globex Mining Enterprises'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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Globex Mining Enterprises Days Sales Outstanding Chart

Globex Mining Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.18

6.38

1.28

20.46

8.30

Globex Mining Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															103.55	25.00	12.72	2.22	9.10

Competitive Comparison of Globex Mining Enterprises's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.

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

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

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

Globex Mining Enterprises 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.

Globex Mining Enterprises'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
=	( (0.103	+	0.037)	/	2 )	/	3.077	*	365
=	0.07					/	3.077	*	365
=	8.30

Globex Mining Enterprises's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.037	+	0.028)	/	2 )	/	0.326	*	365 / 4
=	0.0325					/	0.326	*	365 / 4
=	9.10

Globex Mining Enterprises (OTCPK:GLBXF) Days Sales Outstanding Explanation

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

Globex Mining Enterprises Days Sales Outstanding Related Terms

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Globex Mining Enterprises (Globex Mining Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Globex Mining Enterprises Inc (OTCPK:GLBXF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

G1MN:Germany G1MN:Germany GMX:Canada

Address

89 Belsize Drive, Toronto, ON, CAN, M4S 1L3

Website

https://www.globexmining.com

Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.