GoGold Resources (STU:GGD) Days Sales Outstanding : 35.43 (As of Jun. 2024)

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What is GoGold Resources Days Sales Outstanding?

GoGold Resources's average Accounts Receivable for the three months ended in Jun. 2024 was €3.74 Mil. GoGold Resources's Revenue for the three months ended in Jun. 2024 was €9.62 Mil. Hence, GoGold Resources's Days Sales Outstanding for the three months ended in Jun. 2024 was 35.43.

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

STU:GGD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.28 Med: 31.37 Max: 41.17
Current: 41.17

During the past 13 years, GoGold Resources's highest Days Sales Outstanding was 41.17. The lowest was 6.28. And the median was 31.37.

STU:GGD's Days Sales Outstanding is ranked better than
50.13% of 776 companies
in the Metals & Mining industry
Industry Median: 41.395 vs STU:GGD: 41.17

GoGold Resources's Days Sales Outstanding declined from Jun. 2023 (50.16) to Jun. 2024 (35.43).

GoGold Resources Days Sales Outstanding Historical Data

The historical data trend for GoGold 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.

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GoGold Resources Days Sales Outstanding Chart

GoGold Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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22.21

38.15

30.63

30.50

33.99

GoGold Resources 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															50.16	53.50	41.55	36.87	35.43

Competitive Comparison of GoGold Resources's Days Sales Outstanding

For the Other Precious Metals & Mining subindustry, GoGold 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.

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

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

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

GoGold 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.

GoGold Resources's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.54	+	2.741)	/	2 )	/	28.354	*	365
=	2.6405					/	28.354	*	365
=	33.99

GoGold 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: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (3.709	+	3.763)	/	2 )	/	9.623	*	365 / 4
=	3.736					/	9.623	*	365 / 4
=	35.43

GoGold Resources (STU:GGD) Days Sales Outstanding Explanation

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

GoGold Resources Days Sales Outstanding Related Terms

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GoGold Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GoGold Resources Inc (STU:GGD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GLGDF:USA GGD:Canada

Address

2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1

Website

https://www.gogoldresources.com

GoGold Resources Inc is a Canadian-based company engaged in the business of exploration, development, and production of gold, copper and silver. It operates in two segments: Mexico, which accounts for the majority of revenue; and Canada. Its Mexico segment consists of the Parral project and the Los Ricos project and the Corporation's corporate offices as the Canadian segment.

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