Southern Cross Gold (ASX:SXG) Change In Receivables : A$0.00 Mil (TTM As of Nov. 2023)

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What is Southern Cross Gold Change In Receivables?

Southern Cross Gold's change in receivables for the quarter that ended in Nov. 2023 was A$0.00 Mil. It means Southern Cross Gold's Accounts Receivable stayed the same from May. 2023 to Nov. 2023 .

Southern Cross Gold's change in receivables for the fiscal year that ended in May. 2023 was A$0.00 Mil. It means Southern Cross Gold's Accounts Receivable stayed the same from . 20 to May. 2023 .

Southern Cross Gold's Accounts Receivable for the quarter that ended in Nov. 2023 was A$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. Southern Cross Gold's liquidation value for the six months ended in Nov. 2023 was A$6.52 Mil.

Southern Cross Gold Change In Receivables Historical Data

The historical data trend for Southern Cross 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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Southern Cross Gold Change In Receivables Chart

Southern Cross Gold Annual Data

Trend

May23

Change In Receivables

Southern Cross Gold Semi-Annual Data
	Dec21	Nov22	May23	Nov23
Change In Receivables	-	-	-	-

Southern Cross 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Southern Cross Gold (ASX:SXG) 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.

Southern Cross Gold's Days Sales Outstanding for the quarter that ended in Nov. 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, Southern Cross Gold's accounts receivable are only considered to be worth 75% of book value:

Southern Cross Gold's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.952	-	1.435	+	0.75 * 0	+	0.5 * 0
=	6.52

Southern Cross Gold Change In Receivables Related Terms

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Southern Cross Gold (ASX:SXG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Cross Gold Ltd (ASX:SXG) » Definitions » Change In Receivables

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Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.southerncrossgold.com.au

Southern Cross Gold Ltd is a mining exploration company focused on gold exploration with projects in Victoria and Queensland, Australia. Its projects include Sunday Creek, Whroo, Redcastle, and Mt Isa.

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