Golden River Resources (Golden River Resources) Change In Receivables : $0.15 Mil (TTM As of Mar. 2015)

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What is Golden River Resources Change In Receivables?

Golden River Resources's change in receivables for the quarter that ended in Mar. 2015 was $0.02 Mil. It means Golden River Resources's Accounts Receivable declined by $0.02 Mil from Dec. 2014 to Mar. 2015 .

Golden River Resources's change in receivables for the fiscal year that ended in Jun. 2014 was $0.01 Mil. It means Golden River Resources's Accounts Receivable declined by $0.01 Mil from Jun. 2013 to Jun. 2014 .

Golden River Resources's Accounts Receivable for the quarter that ended in Mar. 2015 was $0.01 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. Golden River Resources's liquidation value for the three months ended in Mar. 2015 was $-0.13 Mil.

Golden River Resources Change In Receivables Historical Data

The historical data trend for Golden River Resources'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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Golden River Resources Change In Receivables Chart

Golden River Resources Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Change In Receivables

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-0.07

-0.09

-0.07

0.07

0.01

Golden River Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	0.13	-	0.02

Golden River Resources 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.

Golden River Resources (GREY:GORV) 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.

Golden River Resources's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.013	/	0	*	91
=

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

Golden River Resources's liquidation value for the quarter that ended in Mar. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.022	-	0.158	+	0.75 * 0.013	+	0.5 * 0
=	-0.13

Golden River Resources Change In Receivables Related Terms

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Golden River Resources (Golden River Resources) Business Description

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Website

http://www.goldenriverresources.com

Golden River Resources Corp is an Australia-based exploration stage mining company. It is primarily engaged in the identification, acquisition, exploration, and development of mining prospects. Its exploration work is subject to the Mining Land Use Regulations of the Indian and Northern Affairs Canada Mining Act. The company generally explores gold. It holds interests in the mineral claims in Nova Scotia and Nunavut, Canada which is in the Slave Craton and in the Committee Bay Greenstone Belt.