Anglo Asian Mining (LSE:AAZ) Change In Receivables : £5.93 Mil (TTM As of Jun. 2024)

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What is Anglo Asian Mining Change In Receivables?

Anglo Asian Mining's change in receivables for the quarter that ended in Jun. 2024 was £1.88 Mil. It means Anglo Asian Mining's Accounts Receivable declined by £1.88 Mil from Dec. 2023 to Jun. 2024 .

Anglo Asian Mining's change in receivables for the fiscal year that ended in Dec. 2023 was £3.64 Mil. It means Anglo Asian Mining's Accounts Receivable declined by £3.64 Mil from Dec. 2022 to Dec. 2023 .

Anglo Asian Mining's Accounts Receivable for the quarter that ended in Jun. 2024 was £0.06 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. Anglo Asian Mining's Days Sales Outstanding for the six months ended in Jun. 2024 was 1.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Anglo Asian Mining's liquidation value for the six months ended in Jun. 2024 was £-41.71 Mil.

Anglo Asian Mining Change In Receivables Historical Data

The historical data trend for Anglo Asian Mining'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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Anglo Asian Mining Change In Receivables Chart

Anglo Asian Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.91

3.68

-0.29

-4.87

3.64

Anglo Asian Mining Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-2.98	-1.86	-0.41	4.05	1.88

Anglo Asian Mining 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £5.93 Mil.

Anglo Asian Mining (LSE:AAZ) 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.

Anglo Asian Mining's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.064	/	10.51	*	91
=	1.11

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

Anglo Asian Mining's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.53	-	59.475	+	0.75 * 0.064	+	0.5 * 32.366
=	-41.71

Anglo Asian Mining Change In Receivables Related Terms

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Anglo Asian Mining Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglo Asian Mining PLC (LSE:AAZ) » Definitions » Change In Receivables

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Traded in Other Exchanges

AGXKF:USA AAZ.GB:UK A4A:Germany

Address

2 Izmir Street, 3rd Floor, Tower 2, Hyatt Regency Business Centre, Baku, AZE, AZ1065

Website

https://www.angloasianmining.com

Anglo Asian Mining PLC owns and operates gold, silver, and copper producing properties in the Republic of Azerbaijan. It has a substantial portfolio of greenfield assets in areas such as Gilar, Zafar, Xarxar, Garadag, and others all of them hosting substantial ore deposits. The company's mining operations mainly comprise its producing assets, the Gedabek and Gadir mines, and related exploration and development at its Gedabek mining concession. Its revenue consists of sales to third parties of gold contained within dore, gold and silver bullion to its refiners, and gold and copper concentrate. Key revenue is generated from the sales of gold within dore and gold bullion.

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