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New Found Gold (TSXV:NFG) Days Sales Outstanding : 0.00 (As of Mar. 2024)


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What is New Found Gold Days Sales Outstanding?

New Found Gold's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.12 Mil. New Found Gold's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil.

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

TSXV:NFG's Days Sales Outstanding is not ranked *
in the Metals & Mining industry.
Industry Median: 42.355
* Ranked among companies with meaningful Days Sales Outstanding only.

New Found Gold's Days Sales Outstanding stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).


New Found Gold Days Sales Outstanding Historical Data

The historical data trend for New Found 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.

* Premium members only.

New Found Gold Days Sales Outstanding Chart

New Found Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- - - - -

New Found Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of New Found Gold's Days Sales Outstanding

For the Gold subindustry, New Found 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.


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

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

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



New Found 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.

New Found 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
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

New Found Gold'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 + 0.116) / 1 ) / 0*365 / 4
=0.116 / 0*365 / 4
=N/A

* 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.


New Found Gold  (TSXV:NFG) Days Sales Outstanding Explanation

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


New Found Gold Days Sales Outstanding Related Terms

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New Found Gold (TSXV:NFG) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
Executives
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder