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Goldcorp (Goldcorp) Change In Receivables : $85 Mil (TTM As of Dec. 2018)


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What is Goldcorp Change In Receivables?

Goldcorp's change in receivables for the quarter that ended in Dec. 2018 was $15 Mil. It means Goldcorp's Accounts Receivable declined by $15 Mil from Sep. 2018 to Dec. 2018 .

Goldcorp's change in receivables for the fiscal year that ended in Dec. 2018 was $85 Mil. It means Goldcorp's Accounts Receivable declined by $85 Mil from Dec. 2017 to Dec. 2018 .

Goldcorp's Accounts Receivable for the quarter that ended in Dec. 2018 was $91 Mil.

Days Sales Outstanding measures of 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. Goldcorp's Days Sales Outstanding for the three months ended in Dec. 2018 was 10.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Goldcorp's liquidation value for the three months ended in Dec. 2018 was $-6,606 Mil.


Goldcorp Change In Receivables Historical Data

The historical data trend for Goldcorp's Change In Receivables 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.

Goldcorp Change In Receivables Chart

Goldcorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.00 -25.00 -82.00 117.00 85.00

Goldcorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Change In Receivables 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 211.00 5.00 75.00 -10.00 15.00

Goldcorp Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $85 Mil.

* 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.


Goldcorp  (NYSE:GG) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Goldcorp's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=91/772*91
=10.76

2. In Ben Graham's calculation of liquidation value, Goldcorp's accounts receivable are only considered to be worth 75% of book value:

Goldcorp's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=172-7092+0.75 * 91+0.5 * 491
=-6,606

* 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.


Goldcorp Change In Receivables Related Terms

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Goldcorp (Goldcorp) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8
Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.