ProAm Explorations (TSXV:PMX) Change In Receivables : C$0.01 Mil (TTM As of Dec. 2023)

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What is ProAm Explorations Change In Receivables?

ProAm Explorations's change in receivables for the quarter that ended in Dec. 2023 was C$0.01 Mil. It means ProAm Explorations's Accounts Receivable declined by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

ProAm Explorations's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.01 Mil. It means ProAm Explorations's Accounts Receivable declined by C$0.01 Mil from Dec. 2022 to Dec. 2023 .

ProAm Explorations's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.00 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. ProAm Explorations's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ProAm Explorations's liquidation value for the three months ended in Dec. 2023 was C$-0.02 Mil.

ProAm Explorations Change In Receivables Historical Data

The historical data trend for ProAm Explorations'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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ProAm Explorations Change In Receivables Chart

ProAm Explorations Annual Data

Trend

Dec14

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Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.01

0.01

ProAm Explorations Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	0.01

ProAm Explorations 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 Mil.

ProAm Explorations (TSXV:PMX) 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.

ProAm Explorations's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.003	*	91
=	0.00

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

ProAm Explorations's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.103	-	0.124	+	0.75 * 0	+	0.5 * 0
=	-0.02

ProAm Explorations Change In Receivables Related Terms

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ProAm Explorations (TSXV:PMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProAm Explorations Corp (TSXV:PMX) » Definitions » Change In Receivables

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Address

867 West 3rd Street, North Vancouver, Vancouver, BC, CAN, V7P 1E2

Website

ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties.

Executives

Glencoe-macdonald Holdings Ltd.	10% Security Holder
Donald Leo Macdonald	Senior Officer
Macdonald Maureen	Director or Senior Officer of 10% Security Holder