Toubani Resources (ASX:TRE) Change In Receivables : A$-0.01 Mil (TTM As of Mar. 2023)

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What is Toubani Resources Change In Receivables?

Toubani Resources's change in receivables for the quarter that ended in Mar. 2023 was A$-0.02 Mil. It means Toubani Resources's Accounts Receivable increased by A$0.02 Mil from Dec. 2022 to Mar. 2023 .

Toubani Resources's change in receivables for the fiscal year that ended in Dec. 2022 was A$0.01 Mil. It means Toubani Resources's Accounts Receivable declined by A$0.01 Mil from Dec. 2021 to Dec. 2022 .

Toubani Resources's Accounts Receivable for the quarter that ended in Mar. 2023 was A$0.04 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. Toubani Resources's liquidation value for the three months ended in Mar. 2023 was A$2.22 Mil.

Toubani Resources Change In Receivables Historical Data

The historical data trend for Toubani 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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Toubani Resources Change In Receivables Chart

Toubani Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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0.18

0.05

-0.02

0.01

Toubani Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	0.01	0.01	-0.02

Toubani 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.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-0.01 Mil.

Toubani Resources (ASX:TRE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.036	/	0	*	91
=

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.4	-	1.203	+	0.75 * 0.036	+	0.5 * 0
=	2.22

Toubani Resources Change In Receivables Related Terms

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Toubani Resources (ASX:TRE) Business Description

Industry

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

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FN3:Germany

Address

100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5

Website

https://www.toubaniresources.com

Toubani Resources Ltd is a Canada-based gold exploration and development company. Its segment consists of the acquisition, exploration, and development of precious and base metal mineral resources properties located in Western Africa. The company's portfolio includes the Kobada gold project which is a stage gold development project located in Mali.

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