Mountain Province Diamonds (Mountain Province Diamonds) Change In Receivables : $1.2 Mil (TTM As of Mar. 2023)

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What is Mountain Province Diamonds Change In Receivables?

Mountain Province Diamonds's change in receivables for the quarter that ended in Mar. 2023 was $-1.4 Mil. It means Mountain Province Diamonds's Accounts Receivable increased by $1.4 Mil from Dec. 2022 to Mar. 2023 .

Mountain Province Diamonds's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.0 Mil. It means Mountain Province Diamonds's Accounts Receivable increased by $0.0 Mil from Dec. 2021 to Dec. 2022 .

Mountain Province Diamonds's Accounts Receivable for the quarter that ended in Mar. 2023 was $2.0 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. Mountain Province Diamonds's Days Sales Outstanding for the three months ended in Mar. 2023 was 1.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mountain Province Diamonds's liquidation value for the three months ended in Mar. 2023 was $-289.5 Mil.

Mountain Province Diamonds Change In Receivables Historical Data

The historical data trend for Mountain Province Diamonds'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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Mountain Province Diamonds Change In Receivables Chart

Mountain Province Diamonds Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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0.63

0.60

0.70

-0.06

-0.03

Mountain Province Diamonds 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															-2.62	2.39	0.36	-0.18	-1.37

Mountain Province Diamonds 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 $1.2 Mil.

Mountain Province Diamonds (OTCPK:MPVDF) 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.

Mountain Province Diamonds's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.034	/	94.027	*	91
=	1.97

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

Mountain Province Diamonds'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)
=	44.245	-	401.978	+	0.75 * 2.034	+	0.5 * 133.343
=	-289.5

Mountain Province Diamonds Change In Receivables Related Terms

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Mountain Province Diamonds (Mountain Province Diamonds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mountain Province Diamonds Inc (OTCPK:MPVDF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MPG:Germany MPVD:Canada

Address

161 Bay Street, Suite 1410, P.O. Box 216, Toronto, ON, CAN, M5J 2S1

Website

https://www.mountainprovince.com

Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The Company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canada's Northwest Territories. The Company also owns 100% of the mineral rights of the Kennady North Project (KNP) in Canada's Northwest Territories.