Road New Media (TSXV:RNM) Days Sales Outstanding : 6,442.25 (As of Sep. 2023)

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What is Road New Media Days Sales Outstanding?

Road New Media's average Accounts Receivable for the three months ended in Sep. 2023 was C$1.06 Mil. Road New Media's Revenue for the three months ended in Sep. 2023 was C$0.02 Mil. Hence, Road New Media's Days Sales Outstanding for the three months ended in Sep. 2023 was 6,442.25.

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

TSXV:RNM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.86 Med: 209.14 Max: 6200.51
Current: 6200.51

During the past 13 years, Road New Media's highest Days Sales Outstanding was 6200.51. The lowest was 48.86. And the median was 209.14.

TSXV:RNM's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.615 vs TSXV:RNM: 6200.51

Road New Media's Days Sales Outstanding increased from Sep. 2022 (3,586.45) to Sep. 2023 (6,442.25).

Warning Sign:

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

Road New Media Days Sales Outstanding Historical Data

The historical data trend for Road New Media'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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Road New Media Days Sales Outstanding Chart

Road New Media Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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221.58

209.14

221.97

143.55

3,623.07

Road New Media Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															3,586.45	12,609.61	6,229.15	4,042.38	6,442.25

Competitive Comparison of Road New Media's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Road New Media'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.

Road New Media's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Road New Media's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Road New Media's Days Sales Outstanding falls into.

Road New Media 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.

Road New Media's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1.293	+	1.129)	/	2 )	/	0.122	*	365
=	1.211					/	0.122	*	365
=	3,623.07

Road New Media's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1.023	+	1.095)	/	2 )	/	0.015	*	365 / 4
=	1.059					/	0.015	*	365 / 4
=	6,442.25

Road New Media (TSXV:RNM) Days Sales Outstanding Explanation

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

Road New Media Days Sales Outstanding Related Terms

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Road New Media (TSXV:RNM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Road New Media Corporation (TSXV:RNM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

421 -7th Avenue SW, 30th Floor, Calgary, AB, CAN, T2P 4K9

Website

https://www.perisson.com

Perisson Petroleum Corp is engaged in the exploration and production of oil and gas in Canada and the Republic of Colombia. The company generates the majority of its revenue from the sale of Oil and includes Natural gas.

Road New Media (TSXV:RNM) Headlines

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