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Sandstorm Gold (Sandstorm Gold) Receivables Turnover : 2.68 (As of Dec. 2023)


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What is Sandstorm Gold Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Sandstorm Gold's Revenue for the three months ended in Dec. 2023 was $44.5 Mil. Sandstorm Gold's average Accounts Receivable for the three months ended in Dec. 2023 was $16.6 Mil. Hence, Sandstorm Gold's Receivables Turnover for the three months ended in Dec. 2023 was 2.68.


Sandstorm Gold Receivables Turnover Historical Data

The historical data trend for Sandstorm Gold's Receivables Turnover 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.

* Premium members only.

Sandstorm Gold Receivables Turnover Chart

Sandstorm Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.28 11.91 11.62 9.91 10.75

Sandstorm Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 2.15 2.45 2.29 2.68

Competitive Comparison of Sandstorm Gold's Receivables Turnover

For the Gold subindustry, Sandstorm Gold's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Sandstorm Gold's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sandstorm Gold's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sandstorm Gold's Receivables Turnover falls into.



Sandstorm Gold Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Sandstorm Gold's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=179.636 / ((18.265 + 15.154) / 2 )
=179.636 / 16.7095
=10.75

Sandstorm Gold's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=44.498 / ((18.017 + 15.154) / 2 )
=44.498 / 16.5855
=2.68

* 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.


Sandstorm Gold  (NYSE:SAND) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Sandstorm Gold Receivables Turnover Related Terms

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Sandstorm Gold (Sandstorm Gold) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6
Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.