Trigon Metals (TSXV:TM) Change In Receivables : C$-1.25 Mil (TTM As of Dec. 2023)

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What is Trigon Metals Change In Receivables?

Trigon Metals's change in receivables for the quarter that ended in Dec. 2023 was C$-1.11 Mil. It means Trigon Metals's Accounts Receivable increased by C$1.11 Mil from Sep. 2023 to Dec. 2023 .

Trigon Metals's change in receivables for the fiscal year that ended in Mar. 2023 was C$1.93 Mil. It means Trigon Metals's Accounts Receivable declined by C$1.93 Mil from Mar. 2022 to Mar. 2023 .

Trigon Metals's Accounts Receivable for the quarter that ended in Dec. 2023 was C$1.08 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. Trigon Metals's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trigon Metals's liquidation value for the three months ended in Dec. 2023 was C$-67.74 Mil.

Trigon Metals Change In Receivables Historical Data

The historical data trend for Trigon Metals'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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Trigon Metals Change In Receivables Chart

Trigon Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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0.01

0.03

-0.09

-2.28

1.93

Trigon Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.55	-0.02	-0.14	-	-1.11

Trigon Metals 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$-1.25 Mil.

Trigon Metals (TSXV:TM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.083	/	7.644	*	91
=	12.93

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

Trigon Metals'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)
=	5.011	-	74.04	+	0.75 * 1.083	+	0.5 * 0.962
=	-67.74

Trigon Metals Change In Receivables Related Terms

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Trigon Metals (TSXV:TM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trigon Metals Inc (TSXV:TM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PNTZF:USA TZU2:Germany

Address

130 Queens Quay East, Suite 1224, Toronto, ON, CAN, M5A 0P6

Website

https://www.trigonmetals.com

Trigon Metals Inc is an emerging copper and silver producer in the African continent. Trigon operates through the development of its Namibian mining and exploration permits. The company's projects include Kombat Mine and Gross Otavi in Namibia and the newly Silver Hill copper-silver exploration project in Morocco.

Executives

Larisa Sprott

Director