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Coeur Mining (Coeur Mining) Accounts Receivable : $3.9 Mil (As of Dec. 2023)


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What is Coeur Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Coeur Mining's accounts receivables for the quarter that ended in Dec. 2023 was $3.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Coeur Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 1.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Coeur Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.37.


Coeur Mining Accounts Receivable Historical Data

The historical data trend for Coeur Mining's Accounts Receivable 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.

* Premium members only.

Coeur Mining Accounts Receivable Chart

Coeur Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 3.29 4.88 6.30 3.86

Coeur Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 6.30 5.49 2.82 2.64 3.86

Coeur Mining Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Coeur Mining Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.858/262.09*91
=1.34

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Coeur Mining's accounts receivable are only considered to be worth 75% of book value:

Coeur Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(61.633+0.75 * 3.858+0.5 * 156.061-1056.945
-0-0)/386.283
=-2.37

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Coeur Mining Accounts Receivable Related Terms

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Coeur Mining (Coeur Mining) Business Description

Address
104 South Michigan Avenue, Suite 900, Chicago, IL, USA, 60603
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.
Executives
Kenneth J Watkinson officer: VP, Corporate Controller 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Paramita Das director 200 SOUTH WACKER DRIVE, SUITE 2100, CHICAGO IL 60606
Aoife Mcgrath officer: SVP, Exploration 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Robert E Mellor director, officer: Chairman (non-executive) SEVEN MADRONE AVE, KENTFIELD CA 94904
Michael Routledge officer: SVP & Chief Operating Officer 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
J Kenneth Thompson director ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Randy Gress director 259 PROSPECT PLAINS ROAD, P O BOX 8000, CRANBURY NJ 08512-8000
Jeane L. Hull director 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Thomas S Whelan officer: SVP & CFO 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Mitchell J Krebs director, officer: President and CEO 1341 W FULLERTON AVE, STE 210, CHICAGO IL 60614
Hans John Rasmussen officer: SVP, Exploration 1002 MEDICINE MAN CLUSTER, MISSOULA MT 59808
Casey M. Nault officer: VP & General Counsel 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Terrence F. Smith officer: VP, North American Operations 104 S. MICHIGAN AVE., STE. 900, CHICAGO IL 60603
Brian E Sandoval director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Sebastian Edwards director 9900 STELLBAR PLACE, LOS ANGELES CA 90064

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