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Superior Copper (Superior Copper) Change In Receivables : $0.00 Mil (TTM As of Feb. 2016)


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What is Superior Copper Change In Receivables?

Superior Copper's change in receivables for the quarter that ended in Feb. 2016 was $-0.02 Mil. It means Superior Copper's Accounts Receivable increased by $0.02 Mil from Nov. 2015 to Feb. 2016 .

Superior Copper's change in receivables for the fiscal year that ended in May. 2015 was $-0.01 Mil. It means Superior Copper's Accounts Receivable increased by $0.01 Mil from May. 2014 to May. 2015 .

Superior Copper's Accounts Receivable for the quarter that ended in Feb. 2016 was $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. Superior Copper's liquidation value for the three months ended in Feb. 2016 was $2.69 Mil.


Superior Copper Change In Receivables Historical Data

The historical data trend for Superior 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.

* Premium members only.

Superior Copper Change In Receivables Chart

Superior Copper Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.01 0.01 - -0.01

Superior Copper Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 0.07 -0.01 0.03 -0.01 -0.02

Superior 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Superior Copper  (OTCPK:CNTGF) 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.

Superior Copper's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.031/0*91
=

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

Superior Copper's liquidation value for the quarter that ended in Feb. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.697-0.031+0.75 * 0.031+0.5 * 0
=2.69

* 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.


Superior Copper Change In Receivables Related Terms

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Superior Copper (Superior Copper) Business Description

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Address
Superior Copper Corp was incorporated on January 14, 1993. It is a mineral exploration company focused on emerging and transitional environments and is exploring base metal assets located in Ontario and Quebec. The Company has two focal exploration projects, the Batchawana Copper Property in Ontario and the Rivière Doré Project in Québec.

Superior Copper (Superior Copper) Headlines

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