Cadan Resources (Cadan Resources) Change In Receivables : $0.70 Mil (TTM As of Sep. 2018)

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What is Cadan Resources Change In Receivables?

Cadan Resources's change in receivables for the quarter that ended in Sep. 2018 was $2.02 Mil. It means Cadan Resources's Accounts Receivable declined by $2.02 Mil from Jun. 2018 to Sep. 2018 .

Cadan Resources's change in receivables for the fiscal year that ended in Dec. 2017 was $-0.08 Mil. It means Cadan Resources's Accounts Receivable increased by $0.08 Mil from Dec. 2016 to Dec. 2017 .

Cadan Resources's Accounts Receivable for the quarter that ended in Sep. 2018 was $0.33 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. Cadan Resources's liquidation value for the three months ended in Sep. 2018 was $-29.83 Mil.

Cadan Resources Change In Receivables Historical Data

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

Cadan Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Change In Receivables

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0.55

-0.16

-0.45

0.43

-0.08

Cadan Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Change In Receivables	Get a 7-Day Free Trial															-0.12	0.05	-0.05	-1.32	2.02

Cadan 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.70 Mil.

Cadan Resources (OTCPK:CADAF) 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.

Cadan Resources's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.334	/	0	*	91
=

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

Cadan Resources's liquidation value for the quarter that ended in Sep. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.277	-	30.69	+	0.75 * 0.334	+	0.5 * 0.658
=	-29.83

Cadan Resources Change In Receivables Related Terms

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Cadan Resources (Cadan Resources) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadan Resources Corp (OTCPK:CADAF) » Definitions » Change In Receivables

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Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rizalresources.com

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

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