Gold Days Sales Outstanding from 2010 to 2024
GORO Stock | USD 0.17 0.02 13.33% |
Days Sales Outstanding | First Reported 2010-12-31 | Previous Quarter 16.19060044 | Current Value 20.33 | Quarterly Volatility 15.2769651 |
Check Gold Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gold Resource's main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Total Revenue of 101.9 M or Other Operating Expenses of 73.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0318 or PTB Ratio of 0.33. Gold financial statements analysis is a perfect complement when working with Gold Resource Valuation or Volatility modules.
Gold | Days Sales Outstanding |
Latest Gold Resource's Days Sales Outstanding Growth Pattern
Below is the plot of the Days Sales Outstanding of Gold Resource over the last few years. It is Gold Resource's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gold Resource's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding | 10 Years Trend |
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Days Sales Outstanding |
Timeline |
Gold Days Sales Outstanding Regression Statistics
Arithmetic Mean | 18.60 | |
Geometric Mean | 13.15 | |
Coefficient Of Variation | 82.12 | |
Mean Deviation | 9.73 | |
Median | 18.74 | |
Standard Deviation | 15.28 | |
Sample Variance | 233.39 | |
Range | 63.6609 | |
R-Value | (0.28) | |
Mean Square Error | 231.25 | |
R-Squared | 0.08 | |
Significance | 0.31 | |
Slope | (0.97) | |
Total Sum of Squares | 3,267 |
Gold Days Sales Outstanding History
About Gold Resource Financial Statements
Gold Resource investors utilize fundamental indicators, such as Days Sales Outstanding, to predict how Gold Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Days Sales Outstanding | 16.19 | 20.33 |
Check out the analysis of Gold Resource Correlation against competitors. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share (0.49) | Revenue Per Share 0.817 | Quarterly Revenue Growth (0.35) | Return On Assets (0.09) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.