Soma Gold (TSXV:SOMA) Days Sales Outstanding : 9.85 (As of Dec. 2023)

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What is Soma Gold Days Sales Outstanding?

Soma Gold's average Accounts Receivable for the three months ended in Dec. 2023 was C$2.09 Mil. Soma Gold's Revenue for the three months ended in Dec. 2023 was C$19.39 Mil. Hence, Soma Gold's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.85.

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

TSXV:SOMA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.93 Med: 6.21 Max: 18.45
Current: 9.11

During the past 13 years, Soma Gold's highest Days Sales Outstanding was 18.45. The lowest was 4.93. And the median was 6.21.

TSXV:SOMA's Days Sales Outstanding is ranked better than
82.85% of 787 companies
in the Metals & Mining industry
Industry Median: 42.51 vs TSXV:SOMA: 9.11

Soma Gold's Days Sales Outstanding increased from Dec. 2022 (3.74) to Dec. 2023 (9.85).

Soma Gold Days Sales Outstanding Historical Data

The historical data trend for Soma Gold'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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Soma Gold Days Sales Outstanding Chart

Soma Gold Annual Data

Trend

Aug14

Aug15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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18.45

7.11

4.93

5.30

Soma Gold 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															3.74	4.37	9.72	14.58	9.85

Competitive Comparison of Soma Gold's Days Sales Outstanding

For the Gold subindustry, Soma Gold'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.

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

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

* The bar in red indicates where Soma Gold's Days Sales Outstanding falls into.

Soma Gold 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.

Soma Gold'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
=	( (1.041	+	1.314)	/	2 )	/	81.162	*	365
=	1.1775					/	81.162	*	365
=	5.30

Soma Gold'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
=	( (2.874	+	1.314)	/	2 )	/	19.392	*	365 / 4
=	2.094					/	19.392	*	365 / 4
=	9.85

Soma Gold (TSXV:SOMA) Days Sales Outstanding Explanation

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

Soma Gold Days Sales Outstanding Related Terms

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Soma Gold (TSXV:SOMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Soma Gold Corp (TSXV:SOMA) » Definitions » Days Sales Outstanding

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SMAGF:USA 8PR1:Germany

Address

1050 West Pender Street, Suite 970, Vancouver, BC, CAN, V6E 3S7

Website

https://www.somagoldcorp.com

Soma Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. It operates El Bagre Gold Mining Complex. The El Bagre operations consist of a gold processing plant, the La Ye and Los Mangos operating underground gold mines, and the Cordero mine development project. The Company produces dore which contains both gold and silver. The dore is further processed to produce refined metals.

Executives

Jean-francois Meilleur

Senior Officer

Soma Gold (TSXV:SOMA) Headlines

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