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GoldStone Resources (LSE:GRL) Days Sales Outstanding : 11.13 (As of Jun. 2024)


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What is GoldStone Resources Days Sales Outstanding?

GoldStone Resources's average Accounts Receivable for the six months ended in Jun. 2024 was £0.13 Mil. GoldStone Resources's Revenue for the six months ended in Jun. 2024 was £2.05 Mil. Hence, GoldStone Resources's Days Sales Outstanding for the six months ended in Jun. 2024 was 11.13.

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

LSE:GRL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.63   Med: 19.2   Max: 29.27
Current: 29.27

During the past 13 years, GoldStone Resources's highest Days Sales Outstanding was 29.27. The lowest was 16.63. And the median was 19.20.

LSE:GRL's Days Sales Outstanding is ranked better than
61.01% of 772 companies
in the Metals & Mining industry
Industry Median: 40.21 vs LSE:GRL: 29.27

GoldStone Resources's Days Sales Outstanding declined from Jun. 2023 (445.43) to Jun. 2024 (11.13).


GoldStone Resources Days Sales Outstanding Historical Data

The historical data trend for GoldStone 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.

* Premium members only.

GoldStone Resources Days Sales Outstanding Chart

GoldStone Resources Annual Data
Trend Feb14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16.63 21.76

GoldStone Resources Semi-Annual Data
Aug14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.50 16.89 445.43 28.88 11.13

Competitive Comparison of GoldStone Resources's Days Sales Outstanding

For the Gold subindustry, GoldStone 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.


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

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

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


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GoldStone 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.

GoldStone 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
=( (0.333 + -0.126) / 2 ) / 1.736*365
=0.1035 / 1.736*365
=21.76

GoldStone Resources's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (-0.126 + 0.376) / 2 ) / 2.049*365 / 2
=0.125 / 2.049*365 / 2
=11.13

* 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.


GoldStone Resources  (LSE:GRL) Days Sales Outstanding Explanation

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


GoldStone Resources Days Sales Outstanding Related Terms

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GoldStone Resources Business Description

Traded in Other Exchanges
Address
41 The Parade, 2nd Floor, International House, Saint Helier, JEY, JE2 3QQ
GoldStone Resources Ltd is an exploration company. Its primary activity is the exploration and mining of gold and associated elements. The company projects include Akrokeri and Homase Licence. It has two reportable egments: Exploration and Corporate.

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