MAG Silver (MAG Silver) Change In Receivables : $-0.34 Mil (TTM As of Dec. 2023)

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What is MAG Silver Change In Receivables?

MAG Silver's change in receivables for the quarter that ended in Dec. 2023 was $-0.57 Mil. It means MAG Silver's Accounts Receivable increased by $0.57 Mil from Sep. 2023 to Dec. 2023 .

MAG Silver's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.34 Mil. It means MAG Silver's Accounts Receivable increased by $0.34 Mil from Dec. 2022 to Dec. 2023 .

MAG Silver's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MAG Silver's liquidation value for the three months ended in Dec. 2023 was $54.93 Mil.

MAG Silver Change In Receivables Historical Data

The historical data trend for MAG Silver'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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MAG Silver Change In Receivables Chart

MAG Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.29

-0.20

0.12

0.24

-0.34

MAG Silver 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															0.56	-0.21	0.15	0.28	-0.57

MAG Silver 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 $-0.34 Mil.

MAG Silver (AMEX:MAG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

MAG Silver'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)
=	68.707	-	13.773	+	0.75 * 0	+	0.5 * 0
=	54.93

MAG Silver Change In Receivables Related Terms

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MAG Silver (MAG Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (AMEX:MAG) » Definitions » Change In Receivables

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MQ8:Germany MQ8:Germany MAG:Canada

Address

800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6

Website

https://www.magsilver.com

MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.