Aris Mining (TSX:ARIS) Days Sales Outstanding : 31.26 (As of Dec. 2023)

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What is Aris Mining Days Sales Outstanding?

Aris Mining's average Accounts Receivable for the three months ended in Dec. 2023 was C$57.4 Mil. Aris Mining's Revenue for the three months ended in Dec. 2023 was C$167.7 Mil. Hence, Aris Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.26.

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

TSX:ARIS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.9 Med: 6.43 Max: 40.12
Current: 30.48

During the past 13 years, Aris Mining's highest Days Sales Outstanding was 40.12. The lowest was 0.90. And the median was 6.43.

TSX:ARIS's Days Sales Outstanding is ranked better than
59.67% of 791 companies
in the Metals & Mining industry
Industry Median: 42.39 vs TSX:ARIS: 30.48

Aris Mining's Days Sales Outstanding increased from Dec. 2022 (21.98) to Dec. 2023 (31.26).

Aris Mining Days Sales Outstanding Historical Data

The historical data trend for Aris 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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Aris Mining Days Sales Outstanding Chart

Aris Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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3.65

1.68

0.90

22.18

40.12

Aris Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															21.98	29.65	22.31	28.82	31.26

Competitive Comparison of Aris Mining's Days Sales Outstanding

For the Gold subindustry, Aris 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.

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

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

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

Aris 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.

Aris 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
=	( (65.923	+	66.099)	/	2 )	/	600.599	*	365
=	66.011					/	600.599	*	365
=	40.12

Aris Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (48.774	+	66.099)	/	2 )	/	167.677	*	365 / 4
=	57.4365					/	167.677	*	365 / 4
=	31.26

Aris Mining (TSX:ARIS) Days Sales Outstanding Explanation

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

Aris Mining Days Sales Outstanding Related Terms

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Aris Mining (TSX:ARIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aris Mining Corp (TSX:ARIS) » Definitions » Days Sales Outstanding

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ARMN:USA ZP1:Germany

Address

425 Hornby Street, Vancouver, BC, CAN, V6C 2Y2

Website

https://www.aris-mining.com

Aris Mining Corp is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. It owns and operates its Segovia Operations, Soto Norte Project and Marmato Mine in Colombia, Toroparu Project in Guyana and the Juby Project in Ontario, Canada. The company generates revenue from the sale of gold and silver.