Eldorado Gold (Eldorado Gold) Change In Receivables : $-29 Mil (TTM As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Eldorado Gold Change In Receivables?

Eldorado Gold's change in receivables for the quarter that ended in Dec. 2023 was $-15 Mil. It means Eldorado Gold's Accounts Receivable increased by $15 Mil from Sep. 2023 to Dec. 2023 .

Eldorado Gold's change in receivables for the fiscal year that ended in Dec. 2023 was $-29 Mil. It means Eldorado Gold's Accounts Receivable increased by $29 Mil from Dec. 2022 to Dec. 2023 .

Eldorado Gold's Accounts Receivable for the quarter that ended in Dec. 2023 was $49 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. Eldorado Gold's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eldorado Gold's liquidation value for the three months ended in Dec. 2023 was $-776 Mil.

Eldorado Gold Change In Receivables Historical Data

The historical data trend for Eldorado Gold'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.

Eldorado Gold Change In Receivables Chart

Eldorado Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

6.69

-5.41

14.07

-3.77

-29.34

Eldorado Gold 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															-11.35	-38.37	33.85	-10.11	-14.72

Eldorado Gold 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 $-29 Mil.

Eldorado Gold (NYSE:EGO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	49.387	/	300.998	*	91
=	14.97

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

Eldorado Gold'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)
=	544.441	-	1475.669	+	0.75 * 49.387	+	0.5 * 235.89
=	-776

Eldorado Gold Change In Receivables Related Terms

Thank you for viewing the detailed overview of Eldorado Gold's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Eldorado Gold (Eldorado Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eldorado Gold Corp (NYSE:EGO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ELO1:Germany ELD:Canada

Address

550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.eldoradogold.com

Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.