CGN Resources (ASX:CGR) Change In Receivables : A$0.00 Mil (TTM As of Jun. 2023)

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What is CGN Resources Change In Receivables?

CGN Resources's change in receivables for the quarter that ended in Jun. 2023 was A$0.00 Mil. It means CGN Resources's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

CGN Resources's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means CGN Resources's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

CGN Resources's Accounts Receivable for the quarter that ended in Jun. 2023 was A$0.01 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. CGN Resources's liquidation value for the six months ended in Jun. 2023 was A$9.97 Mil.

CGN Resources Change In Receivables Historical Data

The historical data trend for CGN Resources'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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CGN Resources Change In Receivables Chart

CGN Resources Annual Data

Trend

Jun21

Jun22

Jun23

Change In Receivables

CGN Resources Semi-Annual Data
	Jun21	Jun22	Jun23
Change In Receivables	-	-	-

CGN Resources 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was A$0.00 Mil.

CGN Resources (ASX:CGR) 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.

CGN Resources's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.005	/	0	*	91
=

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

CGN Resources's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.079	-	0.108	+	0.75 * 0.005	+	0.5 * 0
=	9.97

CGN Resources Change In Receivables Related Terms

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CGN Resources (ASX:CGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CGN Resources Ltd (ASX:CGR) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

6 Richardson Street, Suite 4, Perth, WA, AUS, 6005

Website

https://www.cgnresources.com.au

CGN Resources Ltd is an exploration-focused mining company targeting copper, nickel, and specialty metals in Western Australia's West Arunta Region. The Company's main objective is to provide a return to Shareholders through the successful exploration, discovery and development of high value base and precious metal resources.

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