Velocity Minerals (TSXV:VLC) Days Sales Outstanding : 0.00 (As of Mar. 2024)

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What is Velocity Minerals Days Sales Outstanding?

Velocity Minerals's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.17 Mil. Velocity Minerals's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil.

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

TSXV:VLC's Days Sales Outstanding is not ranked ^*
in the Metals & Mining industry.
Industry Median: 42.7
* Ranked among companies with meaningful Days Sales Outstanding only.

Velocity Minerals's Days Sales Outstanding stayed the same from Dec. 2022 (0.00) to Mar. 2024 (0.00).

Velocity Minerals Days Sales Outstanding Historical Data

The historical data trend for Velocity Minerals'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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Velocity Minerals Days Sales Outstanding Chart

Velocity Minerals Annual Data

Trend

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Dec23

Days Sales Outstanding

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Velocity Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Velocity Minerals's Days Sales Outstanding

For the Gold subindustry, Velocity Minerals'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.

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

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

* The bar in red indicates where Velocity Minerals's Days Sales Outstanding falls into.

Velocity Minerals 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.

Velocity Minerals'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
=	( (0.018	+	0.146)	/	2 )	/	0	*	365
=	0.082					/	0	*	365
=	N/A

Velocity Minerals's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.146	+	0.185)	/	2 )	/	0	*	365 / 4
=	0.1655					/	0	*	365 / 4
=	N/A

Velocity Minerals (TSXV:VLC) Days Sales Outstanding Explanation

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

Velocity Minerals Days Sales Outstanding Related Terms

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Velocity Minerals (TSXV:VLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Velocity Minerals Ltd (TSXV:VLC) » Definitions » Days Sales Outstanding

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VLCJF:USA

Address

999 West Hastings Street, Suite 890, Vancouver, BC, CAN, V6C 2W2

Website

https://www.velocityminerals.com

Velocity Minerals Ltd is a gold exploration and development company focused on eastern Europe. It is engaged in gold exploration in Bulgaria. It is focused on Tintyava Property, Nadezhda Property, Momchil Property, and Iglika Property in Bulgaria.

Executives

Robert Charles Kopple

10 percent owner

Velocity Minerals (TSXV:VLC) Headlines

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