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CanXGold Mining (TSXV:CXG) Change In Receivables : C$0.02 Mil (TTM As of May. 2023)


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What is CanXGold Mining Change In Receivables?

CanXGold Mining's change in receivables for the quarter that ended in May. 2023 was C$-0.00 Mil. It means CanXGold Mining's Accounts Receivable increased by C$0.00 Mil from Feb. 2023 to May. 2023 .

CanXGold Mining's change in receivables for the fiscal year that ended in Nov. 2022 was C$0.04 Mil. It means CanXGold Mining's Accounts Receivable declined by C$0.04 Mil from Nov. 2021 to Nov. 2022 .

CanXGold Mining's Accounts Receivable for the quarter that ended in May. 2023 was C$0.03 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. CanXGold Mining's liquidation value for the three months ended in May. 2023 was C$-17.05 Mil.


CanXGold Mining Change In Receivables Historical Data

The historical data trend for CanXGold 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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CanXGold Mining Change In Receivables Chart

CanXGold Mining Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 -0.04 0.04 -0.04 0.04

CanXGold Mining Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 - -0.01 0.03 -

CanXGold 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

* 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.


CanXGold Mining  (TSXV:CXG) 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.

CanXGold Mining's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.026/0*91
=

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

CanXGold Mining's liquidation value for the quarter that ended in May. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.001-17.067+0.75 * 0.026+0.5 * 0
=-17.05

* 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.


CanXGold Mining Change In Receivables Related Terms

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CanXGold Mining (TSXV:CXG) Business Description

Traded in Other Exchanges
N/A
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
CanXGold Mining Corp is a Canada-based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. All the company's mineral properties are in the exploration stages.
Executives
Stefan Bender Director

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