Wesdome Gold Mines (FRA:RKVA) Change In Receivables : €0.2 Mil (TTM As of Dec. 2023)

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What is Wesdome Gold Mines Change In Receivables?

Wesdome Gold Mines's change in receivables for the quarter that ended in Dec. 2023 was €-1.7 Mil. It means Wesdome Gold Mines's Accounts Receivable increased by €1.7 Mil from Sep. 2023 to Dec. 2023 .

Wesdome Gold Mines's change in receivables for the fiscal year that ended in Dec. 2023 was €0.2 Mil. It means Wesdome Gold Mines's Accounts Receivable declined by €0.2 Mil from Dec. 2022 to Dec. 2023 .

Wesdome Gold Mines's Accounts Receivable for the quarter that ended in Dec. 2023 was €4.0 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. Wesdome Gold Mines's Days Sales Outstanding for the three months ended in Dec. 2023 was 5.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wesdome Gold Mines's liquidation value for the three months ended in Dec. 2023 was €-90.1 Mil.

Wesdome Gold Mines Change In Receivables Historical Data

The historical data trend for Wesdome Gold Mines'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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Wesdome Gold Mines Change In Receivables Chart

Wesdome Gold Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.55

-1.31

-2.89

0.72

0.16

Wesdome Gold Mines 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															-1.69	-0.76	-1.67	4.34	-1.73

Wesdome Gold Mines 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 €0.2 Mil.

Wesdome Gold Mines (FRA:RKVA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.024	/	69.869	*	91
=	5.26

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

Wesdome Gold Mines'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)
=	28.278	-	130.999	+	0.75 * 4.024	+	0.5 * 19.172
=	-90.1

Wesdome Gold Mines Change In Receivables Related Terms

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Wesdome Gold Mines (FRA:RKVA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wesdome Gold Mines Ltd (FRA:RKVA) » Definitions » Change In Receivables

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WDOFF:USA WDO:Canada

Address

220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4

Website

https://www.wesdome.com

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.

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