MWCAF (Matachewan Consolidated Mines) Days Sales Outstanding : 4,243.13 (As of Jun. 2024)

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What is Matachewan Consolidated Mines Days Sales Outstanding?

Matachewan Consolidated Mines's average Accounts Receivable for the three months ended in Jun. 2024 was $0.05 Mil. Matachewan Consolidated Mines's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. Hence, Matachewan Consolidated Mines's Days Sales Outstanding for the three months ended in Jun. 2024 was 4,243.13.

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

MWCAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.2 Med: 118.92 Max: 437.04
Current: 314.46

During the past 13 years, Matachewan Consolidated Mines's highest Days Sales Outstanding was 437.04. The lowest was 59.20. And the median was 118.92.

MWCAF's Days Sales Outstanding is ranked worse than
94.53% of 933 companies
in the Oil & Gas industry
Industry Median: 48.57 vs MWCAF: 314.46

Matachewan Consolidated Mines's Days Sales Outstanding increased from Jun. 2023 (117.32) to Jun. 2024 (4,243.13).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Matachewan Consolidated Mines Days Sales Outstanding Historical Data

The historical data trend for Matachewan Consolidated Mines'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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Matachewan Consolidated Mines Days Sales Outstanding Chart

Matachewan Consolidated Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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127.34

424.81

138.63

244.93

83.85

Matachewan Consolidated Mines Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															117.32	228.13	239.53	41.28	4,243.13

Competitive Comparison of Matachewan Consolidated Mines's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Matachewan Consolidated Mines'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.

Matachewan Consolidated Mines's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Matachewan Consolidated Mines's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Matachewan Consolidated Mines's Days Sales Outstanding falls into.

Matachewan Consolidated Mines 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.

Matachewan Consolidated Mines'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
=	( (0.006	+	0.011)	/	2 )	/	0.037	*	365
=	0.0085					/	0.037	*	365
=	83.85

Matachewan Consolidated Mines'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: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (0.008	+	0.085)	/	2 )	/	0.001	*	365 / 4
=	0.0465					/	0.001	*	365 / 4
=	4,243.13

Matachewan Consolidated Mines (OTCPK:MWCAF) Days Sales Outstanding Explanation

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

Matachewan Consolidated Mines Days Sales Outstanding Related Terms

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Matachewan Consolidated Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Matachewan Consolidated Mines Ltd (OTCPK:MWCAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MCM.A:Canada

Address

130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5

Website

Matachewan Consolidated Mines Ltd is a natural resource company. The company holds an investment in petroleum interests, as well as direct and indirect interests in mineral properties all of which are in Canada.

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