Wedgemount Resources (XCNQ:WDGY) Days Sales Outstanding : 40.28 (As of Jan. 2025)

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What is Wedgemount Resources Days Sales Outstanding?

Wedgemount Resources's average Accounts Receivable for the three months ended in Jan. 2025 was C$0.17 Mil. Wedgemount Resources's Revenue for the three months ended in Jan. 2025 was C$0.38 Mil. Hence, Wedgemount Resources's Days Sales Outstanding for the three months ended in Jan. 2025 was 40.28.

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

XCNQ:WDGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.35 Med: 164.39 Max: 271.25
Current: 29.35

During the past 4 years, Wedgemount Resources's highest Days Sales Outstanding was 271.25. The lowest was 29.35. And the median was 164.39.

XCNQ:WDGY's Days Sales Outstanding is ranked better than
77.16% of 915 companies
in the Oil & Gas industry
Industry Median: 47.53 vs XCNQ:WDGY: 29.35

Wedgemount Resources's Days Sales Outstanding declined from Jan. 2024 (59.14) to Jan. 2025 (40.28).

Wedgemount Resources Days Sales Outstanding Historical Data

The historical data trend for Wedgemount 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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Wedgemount Resources Days Sales Outstanding Chart

Wedgemount Resources Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Days Sales Outstanding

271.25

57.52

Wedgemount Resources Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Days Sales Outstanding	Get a 7-Day Free Trial												59.14	20.76	28.52	37.26	40.28

Competitive Comparison of Wedgemount Resources's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Wedgemount 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.

Wedgemount Resources's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

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Wedgemount 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.

Wedgemount Resources's Days Sales Outstanding for the fiscal year that ended in Jul. 2024 is calculated as

	Days Sales Outstanding (A: Jul. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )	/	Revenue (A: Jul. 2024 )	*	Days in Period
=	( (0.217	+	0.124)	/	2 )	/	1.082	*	365
=	0.1705					/	1.082	*	365
=	57.52

Wedgemount Resources's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

	Days Sales Outstanding (Q: Jan. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2024 )	+	Accounts Receivable (A: Jan. 2025 ))	/	count )	/	Revenue (A: Jan. 2025 )	*	Days in Period
=	( (0.237	+	0.102)	/	2 )	/	0.384	*	365 / 4
=	0.1695					/	0.384	*	365 / 4
=	40.28

Wedgemount Resources (XCNQ:WDGY) Days Sales Outstanding Explanation

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

Wedgemount Resources Days Sales Outstanding Related Terms

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Wedgemount Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wedgemount Resources Corp (XCNQ:WDGY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WDGRF:USA

Address

2303 Lawson Avenue, West Vancouver, Vancouver, BC, CAN, V7V 2E5

Website

https://www.wedgemountresources.com

Wedgemount Resources Corp is a Vancouver based company engaged in the exploration for and the development and operation of petroleum and natural gas in the U.S.A. The company's project includes Willowbend, TCS and Millican Projects. The company is focused on consolidating oil and gas assets through the acquisition, development, and operation of distressed oil properties.

Executives

Steven Edward Vanry	Senior Officer
Mark Andrew Vanry	10% Security Holder, Director, Senior Officer
Richard Sean Barth	Director

Wedgemount Resources Headlines

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