Barrick Gold (Barrick Gold) Change In Receivables : $-155 Mil (TTM As of Dec. 2023)

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What is Barrick Gold Change In Receivables?

Barrick Gold's change in receivables for the quarter that ended in Dec. 2023 was $-171 Mil. It means Barrick Gold's Accounts Receivable increased by $171 Mil from Sep. 2023 to Dec. 2023 .

Barrick Gold's change in receivables for the fiscal year that ended in Dec. 2023 was $-155 Mil. It means Barrick Gold's Accounts Receivable increased by $155 Mil from Dec. 2022 to Dec. 2023 .

Barrick Gold's Accounts Receivable for the quarter that ended in Dec. 2023 was $246 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. Barrick Gold's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Barrick Gold's liquidation value for the three months ended in Dec. 2023 was $-8,586 Mil.

Barrick Gold Change In Receivables Historical Data

The historical data trend for Barrick Gold'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.

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Barrick Gold Change In Receivables Chart

Barrick Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-118.00

-192.00

-46.00

89.00

-155.00

Barrick Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-55.00	6.00	-31.00	41.00	-171.00

Barrick Gold 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-155 Mil.

Barrick Gold (NYSE:GOLD) 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.

Barrick Gold's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	246	/	3059	*	91
=	7.34

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

Barrick Gold's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4148	-	13809	+	0.75 * 246	+	0.5 * 1782
=	-8,586

Barrick Gold Change In Receivables Related Terms

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Barrick Gold (Barrick Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Gold Corp (NYSE:GOLD) » Definitions » Change In Receivables

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Address

161 Bay Street, Brookfield Place, Suite 3700, P.O. Box 212, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1

Website

https://www.barrick.com

Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2022, the firm produced nearly 4.1 million attributable ounces of gold and about 440 million pounds of copper. At end 2022, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.