Mako Mining (Mako Mining) Days Sales Outstanding : 7.81 (As of Mar. 2024)

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What is Mako Mining Days Sales Outstanding?

Mako Mining's average Accounts Receivable for the three months ended in Mar. 2024 was $1.64 Mil. Mako Mining's Revenue for the three months ended in Mar. 2024 was $19.21 Mil. Hence, Mako Mining's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.81.

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

MAKOF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.8 Med: 3.55 Max: 38.93
Current: 6.32

During the past 13 years, Mako Mining's highest Days Sales Outstanding was 38.93. The lowest was 0.80. And the median was 3.55.

MAKOF's Days Sales Outstanding is ranked better than
86.51% of 786 companies
in the Metals & Mining industry
Industry Median: 42.45 vs MAKOF: 6.32

Mako Mining's Days Sales Outstanding increased from Mar. 2023 (6.44) to Mar. 2024 (7.81).

Mako Mining Days Sales Outstanding Historical Data

The historical data trend for Mako 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.

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Mako Mining Days Sales Outstanding Chart

Mako Mining Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.90

0.80

3.18

3.88

Mako Mining Quarterly Data
	Apr19	Jul19	Oct19	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															6.44	8.16	2.65	1.06	7.81

Competitive Comparison of Mako Mining's Days Sales Outstanding

For the Gold subindustry, Mako 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.

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

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

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

Mako 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.

Mako 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
=	( (1.098	+	0.304)	/	2 )	/	65.948	*	365
=	0.701					/	65.948	*	365
=	3.88

Mako Mining'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
=	( (0.304	+	2.984)	/	2 )	/	19.211	*	365 / 4
=	1.644					/	19.211	*	365 / 4
=	7.81

Mako Mining (OTCPK:MAKOF) Days Sales Outstanding Explanation

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

Mako Mining Days Sales Outstanding Related Terms

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Mako Mining (Mako Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mako Mining Corp (OTCPK:MAKOF) » Definitions » Days Sales Outstanding

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GQR0:Germany MKO:Canada

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.makominingcorp.com

Mako Mining Corp is a gold mining, development, and exploration firm. It's developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Its primary objective is to bring San Albino into production quickly and efficiently while continuing the exploration of prospective targets in Nicaragua.