Granite Creek Copper (TSXV:GCX) Change In Receivables : C$0.03 Mil (TTM As of Feb. 2024)

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What is Granite Creek Copper Change In Receivables?

Granite Creek Copper's change in receivables for the quarter that ended in Feb. 2024 was C$-0.01 Mil. It means Granite Creek Copper's Accounts Receivable increased by C$0.01 Mil from Nov. 2023 to Feb. 2024 .

Granite Creek Copper's change in receivables for the fiscal year that ended in May. 2023 was C$-0.04 Mil. It means Granite Creek Copper's Accounts Receivable increased by C$0.04 Mil from May. 2022 to May. 2023 .

Granite Creek Copper's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.02 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. Granite Creek Copper's liquidation value for the three months ended in Feb. 2024 was C$-1.83 Mil.

Granite Creek Copper Change In Receivables Historical Data

The historical data trend for Granite Creek Copper'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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Granite Creek Copper Change In Receivables Chart

Granite Creek Copper Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

May21

May22

May23

Change In Receivables

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-0.02

-0.12

0.18

-0.04

Granite Creek Copper Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-0.03	-0.02	0.02	0.03	-0.01

Granite Creek Copper 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.03 Mil.

Granite Creek Copper (TSXV:GCX) 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.

Granite Creek Copper's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.016	/	0	*	91
=

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

Granite Creek Copper's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.021	-	1.861	+	0.75 * 0.016	+	0.5 * 0
=	-1.83

Granite Creek Copper Change In Receivables Related Terms

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Granite Creek Copper (TSXV:GCX) Business Description

Industry

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Traded in Other Exchanges

GCXXF:USA GRK:Germany

Address

409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2

Website

https://www.gcxcopper.com

Granite Creek Copper Ltd is a Vancouver-based, public exploration company. It is in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, to establish a mineable mineral resource. The company primarily explores gold and other mineral deposits. Granite Creek holds an interest in the Stu Copper-Gold Project located in the Minto Copper District of Canada's Yukon Territory.

Executives

Robert Sennott

Director

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